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2016 Christmas sales outlook – how will embattled households fare?

20 October 2016

“Pray – for rain and much more!”

South Africa needs to develop a stronger entrepreneurial culture to drive economic activity

18 October 2016

Only 7% of South Africa’s adult population is involved with running their own business. This is low even when compared to other sub-Saharan African countries, where the rate of entrepreneurial activity is nearly four times higher. The World Bank suggests that (formal) small and medium enterprises contribute up to 45% of total employment and a third of national income in emerging economies. With SA’s expanded rate of unemployment fast approaching 40%, creating a supportive environment for entrepreneurial activity could easily fast-track economic growth and tackle SA’s unemployment crisis.

Euler Hermes: South African companies ready for a second wind

13 October 2016

Euler Hermes, the worldwide leader in trade credit insurance presents its latest analysis on the global economy and the related impact on South Africa’s export performance. The global economy is expected to prove its resilience in 2016 registering +2.4% growth, after a year of turbulences. It should pick up moderately to +2.8% in 2017, driven up by the U.S. post-election uncertainty, and emerging markets.