Tag: Maria Teixeira

Navigating the current volatile geopolitical and macroeconomic landscape is crucial for businesses. This is essential to ensure uninterrupted trade and access to finance. Escalating geopolitical tensions and strained trade relations continue to test global economic resilience.

With an economic growth forecast of only 1.6% over the next three years for South Africa, businesses are facing a tough trading environment, exacerbated by the impact of geopolitical tensions, disruptive new technologies, persistent weather catastrophe threats and failing public infrastructure and services.

South Africa is currently experiencing challenging political and economic conditions, which has a direct impact on the financial and trading performance of businesses. Vulnerabilities to external shocks have also converged at the worst possible time in our post-pandemic economy, with the impact rapidly manifesting in financing becoming more difficult to secure, more expensive and dwindling foreign direct investment.