Let’s not beat around the bush- Key decisions made by the finance Minister Pravin Gordhan in the 2016 Budget speech will impact your business growth and survival in this tough economic climate. The Minister had his job cut out for him as he made tough decisions to ensure that companies can reach their projected turnover goals for the next financial year resulting in the growth of our economy.
If you want to expand and increase your turnover in the next financial year here are the developmental funding opportunities identified from the budget speech 2016 per industry:
I attended a great session recently on the topic of the Cost of Complexity in Manufacturing, hosted by GIBS and presented by Andre de Ruyter, CEO of Nampak on September 16, 2015.
We have all, I'm sure, been reading of how the economy is not ideal for South African manufacturers and that with wage and labour issues, struggling consumer demand, power cuts and insufficient policy to support a healthy manufacturing environment, the picture looks bleak - this is the same old rhetoric we hear over and over.
Sure an economies cycle of growth and decline is never over but most people I know are pessimistic (at best) about the future of our economy and being in a sector that looks for growing businesses I found myself asking – where is the light?
A recent research report by McKinsey Global Institute, South Africa’s Big Five: Bold Priorities for Inclusive Growth provides a view into the enormous opportunity within the South African economy.