Tag: scenario modelling

There has been a noticeable shift in global trade. While it might feel distant, it is already knocking on South Africa’s door. Tariffs are climbing again, fast and hard. Our research shows that the average US tariff rate has risen from around 2.4 percent at the end of 2024 to 29 percent today. That is the highest level in over a century.

The updated South African National Budget for 2025, tabled on 12 March, tries to balance the need to address the country's fiscal challenges. At the same time, it aims to stimulate economic growth and improve public services. Over and above these priorities, it also balances political pressure from the Government of National Unity (GNU).

As self-driving industrial vehicles mature and the Internet of Things (IoT) as well as wireless connectivity become more widespread, the mining industry in South Africa has shown a growing interest in automating haul trucks and other mobile equipment.

As CFOs take on a more strategic role, other functions are increasingly looking to finance for near real-time and more accurate forecast reporting to make more informed business decisions. Although historical reporting remains relevant, organisations are looking to the finance role for instant guidance amid changing market dynamics.

COVID-19 has created a universal imperative for governments and businesses to take immediate actions with significant financial ramifications. According to our latest study, market capitalisation for the biggest 2,000 companies worldwide has declined by 24 percent since the beginning of the outbreak, losing more than $12.4 trillion.