UN­CER­TAINTY OVER ECO­NOMIC GROWTH A MAIN CON­CERN FOR CEOs

Finweek English Edition - - INVESTMENT -

Ac­cord­ing to the find­ings of a new report re­leased by pro­fes­sional ser­vices firm PwC Busi­ness, un­cer­tainty about eco­nomic growth con­tin­ues to be the main con­cern of CEOs – with the ma­jor­ity of them say­ing they had some con­cern re­gard­ing the global en­vi­ron­ment. Draw­ing from the re­sults of the An­nual Global CEO Sur­vey of 1 330 busi­ness lead­ers re­leased in Davos, with ad­di­tional in­sights from 42 government rep­re­sen­ta­tives and state-backed CEOs, the study found that busi­ness “is fac­ing a world of volatil­ity and un­cer­tainty, af­fect­ing both short- and long-term con­fi­dence”.

The key threats to busi­ness in South Africa are con­sid­ered by CEOs to be the avail­abil­ity of key skills. In ad­di­tion, en­ergy and raw-ma­te­rial costs are con­sid­ered a prom­i­nent threat and are ex­pected to re­main the case as long as the cost of oil and elec­tric­ity con­tin­ues to in­crease.

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