October 2021

By investing in new infrastructure projects, the South African government is trying hard to inject positivity into the commercial market. According to the Infrastructure Fund and DBSA, four projects have been earmarked for R21 billion in the current financial year. These flows, alongside other initiatives, are designed to provide opportunities for local organisations, and reiterate to international investors that South Africa is open for business with exciting things happening.

After the negative press the country received in July, this message is important and companies are welcoming the opportunities that are emerging as a result of government projects, and those that are coming through as, hopefully, the uncertainty arising from the pandemic tails off.

At Trellidor, the country’s leading access security products business, a switch to homeworking provided opportunities for growth as people reassessed their protection needs.

For Logicalis SA, leading technology and cloud services business, the transition to homeworking has also provided opportunities as companies look to solidify their security credentials and collaborate digitally.

At Veldskoen Shoes, one of South Africa’s burgeoning fashion brands, a transition to digital sales channels helped the business to sell when retail stores were closed.

Similarly, at Bata SA, a leading manufacturer of school shoes and industrial boots, an online strategy is in the pipeline to help take the business forward in markets across Africa.

Investments from the state, businesses taking chances, and entrepreneurs seeing opportunities shows that confidence is returning and people are looking forward with a healthy appetite.

Get in touch and let us know about your future outlook and what you’re doing to make the long-term exciting. We’re on LinkedIn