Tag: economic instability

Despite ongoing challenges such as inconsistent power supply and economic instability, an impressive 83% of small businesses have grown their revenue in the past year, and 90% are optimistic about their future growth. These findings from our 2025 State of Small Business Report may be surprising to most, but they prompt the question: What is driving this optimism? The answer lies in SMEs' bold embrace of technology.

The Harvard Business Review describes the secret of corporate success as "human magic". Unlocking employee potential is a culture where people thrive. This culture allows ambitions, passions and commitments to translate into productivity, results and shared growth.

South Africa’s automotive sector has seen a steady downshift in sales with a year-on-year decline for the fourth consecutive year due to inflation, high levels of debt, a rising cost of living and unpredictable fuel hikes forcing consumers to tighten their purse strings.

In the challenging economic circumstances that South Africa currently faces, the impact of fiscal responsibility – the balanced use of government spending and tax to influence the economy – on taxpayers, businesses, and the nation's overall economic well-being cannot be overstated.

In a world that's becoming increasingly interconnected, investing beyond the borders of your home country is not just an option, it’s a valuable and prudent strategy for anyone seeking to enhance their wealth. Thanks to advancements in technology, international investments are now more accessible than ever, allowing individuals to build and manage global portfolios from anywhere in the world.

Resilience is key to building a successful and sustainable organisation capable of withstanding internal and external shocks. Building resilience asks that the organisation bed down stable and agile financial foundations that are aligned with global and local governance, risk and compliance (GRC) mandates.

With economic growth considered the main driver of corporate travel, emerging economies such as South Africa are increasingly adding to the international pool of business travellers. Predicting positive growth in 2020, analysts say there is good news for South African SMEs, whose bargaining power they see rising with the market’s size and spend.