Tag: tariffs

South Africa's construction industry is in a tough spot. Output shrank by 4.2% in 2024, capping a decade-long slide that began around 2009, with the sector's GDP contribution down over 30% since then. Like the broader economy, it is battling low growth and inflation. But as one of the nation's top carbon emitters, buildings and construction alone risk doubling emissions by 2050 without action.

Recent months have seen significant movement in South Africa’s rail sector. Developments include early stages of rail privatisation and the domestication of the Luxembourg Rail Protocol (Luxembourg Protocol). South African rail shifts its gears toward privatisation as the government accelerates regulatory and commercial changes.

Positive beliefs drive very healthy money habits. According to large-scale US studies done by Gladstone & Pomerance, optimists save 20% more than other investors. This trend holds true regardless of income status. Optimists are also more likely to invest for the long term. These findings highlight the power of a positive investor mindset.

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.

Doing business in Africa is challenging for companies in any industry sector. The continent offers immense opportunities, yet the diversity of demographics and geography demands tailored approaches to management and strategy. Over the past decades, Africa has experienced vast changes.

With the outsourcing space becoming increasingly cutthroat, Business Process Outsourcing (BPO) companies find themselves trapped in a relentless race to the bottom. Aggressive pricing demands from clients and undercutting by low-cost competitors leave local operators with no choice but to sacrifice margins just to stay in the game.

South Africa can take many lessons from the UAE and Saudi Arabia and how they have fortified themselves against the impact of US trade tariffs. In an era marked by shifting global trade dynamics, Middle Eastern countries have showcased impressive foresight and agility.

When most people think of Africa-China trade, they often picture cities like Beijing, Shanghai or Shenzhen. However, one of the biggest drivers of this relationship is not a coastal megacity. It is a landlocked province you have likely never heard of before. Hunan Province, located in central China, has emerged as the country’s strategic hub for expanding trade with Africa.

The operating environment during the first half of the year was challenging. Uncertainty around US policies, especially tariffs and ongoing geopolitical conflicts, caused significant volatility in financial markets. These factors also reduced business confidence.

We have announced the release of our latest report, ‘CEO Agenda 2025’. This comprehensive study offers critical insights into the complex challenges facing global CEOs. It also presents strategic priorities for leaders as a roadmap for navigating a rapidly evolving world.