February 2017

We’re excited and eager to hear what President Zuma will say during his State of the Nation Address this month. With many fearing that the economy will face significant challenges through 2017, the hope is that more spending will be announced, along with a message to potential international investors that South Africa is a safe and secure place to do business. Deputy President Ramaphosa expressed this during his recent visit to Switzerland and the World Economic Forum. His message was that South Africa is open for business, and this is the feeling that the private sector is hoping its government will continue to convey.

Our lead features this month come from the automotive industry and two prominent figures, Imperial Select and Jaguar Land Rover. Both have witnessed the impact of a slow economy yet, thanks to sound business practice and a proactive approach from staff, both companies continue to perform well. However, their message is clear: the sooner the economy returns to meaningful growth, the better. Both are tipped for serious expansion and both have recognised brands that the market desires, but both wait for certainty.

We also hear from international paints and coatings business Kansai Plascon. When Japanese company, Kansai, purchased South African brand, Plascon, the idea to expand the brand internationally was quickly spawned. At international level, the company operates all over the world and some of the ideas that Plascon has developed in South Africa are now being exported to markets in Europe, the Far East, the Middle East and elsewhere, proving that SA knowhow is valuable beyond its borders and recognised for excellence.

If President Zuma’s SONA does anything to instil certainty and stability, companies like those we feature this month will be able to achieve their ambitious growth plans, creating jobs and contributing to economic development. This is part of the national development plan and as such, will surely be Zuma’s priority?

Tell us if your company’s growth plans are on track or if you’re still waiting for economic stability before making investments. We’re online @EnterpriseAfri1