What inflationary and interest rates pressures mean for businesses
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GUEST – Wessel de Jager: Associate Director for Turnaround and Restructuring at Deloitte Africa
Emerging from the disruptions of the pandemic, many economies in Africa (and around the world) are experiencing levels of inflation not seen since the global financial crisis. Central banks across the continent have responded with a sharp tightening of monetary policy and further rate increases are projected in 2023.
Deloitte Africa has released the Deloitte Stability Index Africa which shows how businesses and different industries have been navigating the disruptions and economic uncertainties. The report further explores how “The Squeeze Scenario” is impacting the profitability and debt capacity of companies across Africa
Emerging from the disruptions of the pandemic, many economies in Africa (and around the world) are experiencing levels of inflation not seen since the global financial crisis. Central banks across the continent have responded with a sharp tightening of monetary policy and further rate increases are projected in 2023.
Deloitte Africa has released the Deloitte Stability Index Africa which shows how businesses and different industries have been navigating the disruptions and economic uncertainties. The report further explores how “The Squeeze Scenario” is impacting the profitability and debt capacity of companies across Africa
