Risk Alert | Business to the rescue?

31 July 2023 - In this week's exclusive client Risk Alert, we highlight the latest pledge by chief executives of big business to help solve South Africa’s economic woes, questioning whether partnerships with the state are viable.

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We also assess the future of the African Growth and Opportunity Act (AGOA), as well as the steep decline of the country’s manufacturing industry.

We close by highlighting the diminishing trust in the government, and the global trends relating to interest rate hikes.