SURVIVING A DOWNTURN
South African firms must hunt for global opportunities
Consider Silicon Cape — it is extremely attractive with immense opportunity
There are huge concerns among citizens about SA’s economy and the future. With crime, corruption, political uncertainty and shortages of water in some places playing a huge role, as well as massive unemployment and higher costs of living, the mood is generally grim. Many of the issues facing businesses in SA today are out of the control of business owners. But despite the stress and the responsibilities, running a business still has many advantages. Leaders of all companies, no matter the size, have a duty to continue to protect and grow their businesses to help work towards an improved economy. What is the solution? It might seem contradictory to suggest expansion after listing the many problems facing SA, but when the economy is not fruitful or performing well, you have to look a decade ahead to see what will potentially bring success and looking overseas could very well be the answer. There are many industries that would do well to look abroad. In Cape Town alone, there are some ...
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