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Junk Status – what it means

It has happened! For months we, as a nation, have been struggling and fighting not to be downgraded to junk status, but on Monday, 3 April 2017, following the cabinet reshuffle, it was announced that South Africa’s sovereign credit rating was cut. However, what does that mean?

Developing smart cities for African tourism

Over the last eight years, travel and tourism has grown by 17.3% in the top ten fastest-growing global destinations. This rate speaks to the rapid growth of tourism and how the industry, and an increasing priority for countries seeking for new growth opportunities. In emerging markets tourism grew from 30% in 1980 to 45% in 2015 and is expected to reach 57% by 2030.

Southern Africa – top five business risks

Political uncertainty through transitions and instability are among the key risks for businesses in Southern Africa in 2018. 2018 will see continued uncertainty around political leadership in our Southern African markets. The transitions in Zimbabwe and Angola in 2017, elections in Mozambique in 2018, and factionalism within South Africa’s ruling African National Congress (ANC) once again remind businesses in the region of the importance of gaining a clear understanding of the impact of such uncertainty on their risk environment.

SME 2017 outlook?

From a small and medium enterprises (SME) perspective, the current economic environment is more conducive to growth and opportunity than it was a year ago.

Global Geopolitical Ripples Impact Africa!

Political uncertainty globally will have ripple effects on Africa, primarily through impacts on commodity prices and global economic sentiment. While the early months of 2017 have seen improved prices for the commodities on which many southern African economies rely, longer term economic sentiment is more mixed. Meanwhile, governance improvements and the embedding of democratic practices and norms will be tested by pockets of instability as succession battles take place across the region.

4th Industrial Revolution impacts relevancy of Trade Unions!

The 4th Industrial Revolution (4IR) has become a buzz word in many forums discussing global economic trends. The revolution is presented as the next inevitable event that will sweep the entire world.

OPPORTUNITIES FOR ENTREPRENEURS!

2016 was a tough year for many South Africans - and small businesses took a hard knock as the local economy experienced many challenges to...

Municipal debtors management critical

Managing the debtor book is critical to ensuring stable cash flows for any municipality, and has great impact on its ability in delivering services to its constituents.

GLOBAL ECONOMIC IMPACT ON SME’s

The global economy has become ever more complex and consequently, fragile and susceptible to financial and economic uncertainty. The 21st century has seen the fastest...

80,000 businesses lost over 10 years!

What can we do to stop the bleeding? According to SARS data, the number of companies in the financial and business services sector dropped from 222,532 in 2007 to 139,664 in 2016 - a loss of more than 80,000 firms in 10 years.
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