70% of local CEOs are confident about the local economy's growth prospects over the next 3 years.
South African CEOs are confident about business, but they worry primarily about two things: supply chains and tax. Business confidence is back to pre-pandemic levels and the majority say they expect aggressive growth, which the plan to facilitate by making acquisitions in the next three years to transform their businesses. The KPMG South Africa’s 2021 CEO Outlook survey was done in partnership with Business Leadership South Africa . It is an extension of the 2021 global survey.
The KPMG South Africa’s 2021 CEO Outlook survey was done in partnership with Business Leadership South Africa . It is an extension of the 2021 global survey. The local survey included 50 CEOs from 10 industries. “However, while we drive growth, we also face a tough task to lead companies in a time of continued uncertainty where the nature of markets and forecasts can change. Therefore, the main threats to business identified in the survey include supply chain, operational concerns and cyber security, followed by climate change, regulatory and emerging/disruptive technology risks,” says Busi Mavuso, CEO at BLSA.
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