founder and Chief Executive of Pan-African Investment and Research ServicesSouth Africa is at a difficult economic and political crossroads. The cost of living crisis has been worsened by rising consumer inflation, interest rates, and unrelenting increases in petrol prices. Rolling blackouts are worsening and wiping out any chances of a strong economic rebound post the hard Covid lockdown. Policymakers are dithering on renewable energy and new electricity generation.
Yet, in the same breath, there are talks of a possible economic recession in developed nations such as the US and UK, caused by rising international oil prices and generally slowing economic activity. These daunting challenges can make it difficult for investors to find investment opportunities in South Africa or generate decent and stable returns.
Are there any green shoots regarding the South Africa story? What is working in the country and what isn’t? How do we fix all the problems so that South Africa doesn’t cascade into a failed state level?during the inaugural Business Maverick After Hours live event. Please note: Maverick Insiders can use their unique promo code to access the 50% ticket discount. If you're not an Insider but would like to sign up to the community that is making a tangible difference to SA you can do so
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