Downgrading South Africa
The country’s downgrade is not a disaster, but an excellent opportunity for local businesses to get more innovative and give their employees more freedom.
26 June 2017
The downgrade of South Africa’s sovereign debt to sub-investment grade status has sent ripples through local financial markets. The status affects interest rates, the rand, employment and the likelihood of foreign investments. Can CFOs get a handle on their costs before the effects really take hold? Are there ways other than financial for them to help employees weather the storm? And are there ways to take advantage of this short period of respite? Brainstorm hosted a discussion with a number of leading executives to find out what approaches they’re taking and whether it’s really that bad yet.
Brainstorm: Can technology help in the current uncertain economic climate?
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