PwC South Africa predicts a 1% economic growth in 2024, citing significant private investment in alternative electricity supply as a positive factor.
- The River Club development dispute in Cape Town has been settled, allowing the project to proceed with planned economic, environmental, and heritage benefits.
- The transition to a green economy in South Africa has the potential to create 460,000 new direct jobs by 2025, according to a report by industry organizations.
- Upskilling the workforce is crucial for organizations to embrace the green economy and unlock value, innovation, and growth opportunities.
- A survey by PwC reveals that 79% of CEOs in South Africa plan to invest in upskilling their workforce, highlighting the recognition of human capital’s importance.
- Loadshedding disruptions and food supply chain challenges contribute to rising food and beverage inflation, impacting agriculture, retailers, and consumers.