Ina Opperman
Business Journalist
4 minute read
5 Oct 2021
6:34 pm

SA’s CEOs are confident, but two things keep them up at night

Ina Opperman

70% of local CEOs are confident about the local economy's growth prospects over the next 3 years.

Image: iStock

South African CEOs are confident about business, but they worry primarily about two things: supply chains and tax. Business confidence is back to pre-pandemic levels and the majority (88%) say they expect aggressive growth, which the plan to facilitate by making acquisitions in the next three years to transform their businesses. The KPMG South Africa’s 2021 CEO Outlook survey was done in partnership with Business Leadership South Africa (BLSA). It is an extension of the 2021 global survey. The local survey included 50 CEOs from 10 industries. With the local economy expected to grow by a modest to 2% in...