One of the key takeaways from Davos this year is that Global disruption isn’t slowing down. Company Leaders must prioritise building resilience muscles today to prepare for tomorrow.
Let this sink in …… here is our weekly encapsulated summary of key reality events that highlight the market place dynamics a typical South African Executive needs to be sensitised to as the muscle building starts into 2023!
Civil society has had enough, takes gov & CR to court over energy crisis????????; JZ to appeal order exempting CR from private prosecution????; Kganyago says SARB lacks tools to create jobs, no need for mandate change????; private hospitals face obstacles in recruiting specialist nurses????; calls grow for overhaul of “outdated” public schooling to improve results????; independent schools matrics surpass 2021 class with 98.42% pass rate????????; loadshedding & illegal dumping push CT sewer budget up 7 fold????; DA heads to court to challenge ANC cadre deployment????; High Court holds VBS bank debtor liable for R6.5m loans????; steel & engineering industry calls for “all hands on deck” to solve energy crisis????????; poultry sector warns of rising prices due to loadshedding????; Joburg on enhanced revenue collection drive to boost cash flow????; SA plans to end loadshedding in 12-18mths says Godongwana????; SA set to welcome Russian warships despite criticism????; Transnet tries to ease truck congestion at Richards Bay????; Eskom’s power price hike widely rejected as “unfair, unjust & cruel”????; Postbank reverses 4500 SASSA payments after system glitch????; two suspects found dead after Transnet fuel theft attempt????; EU aims to increase grant component of just energy transition funding????????; Solidarity takes legal action against NERSA over energy supplier bottlenecks⚖️; Africa’s growth to outperform developed markets says AFDB????; SA deficit problem worsened by exodus of foreign investors????; internationally, China says Covid-19 has peaked, doubts remain????; UK’s debt habit driving retail sector recovery????️; US treasury taps retirement funds to avoid payments default????; ECB pledges to stay the course of rate hikes to tame inflation????; BoJo urges military support for Ukraine????; defeat of Russia could mean nuclear war warns Medvedev????; covid hit Chinese factories expect improved 2023????; France comes to a standstill in mass strike over pension reforms????; South Korean gov proposes increase in work week from 52hrs to 69hrs????; 500k UK workers to strike 1 feb????; NZ PM Jacinda Ardern announces resignation????; US dec retail sales decline most in a yr????; high cost of raising kids in China sees population fall????????????; China’s Lunar New Year migration sparks fears of covid outbreak????; global trade faces stagnant decade warns report????; UK & Scotland in political wrangle over trans rights⚖️; Davos abuzz with talk of ChatGPT ???? ; 2/3rds of economists now predict 2023 recession????; Italy arrests top mafia boss on run since 1993⚖️; Turkey’s Erdogan holds Finnish & Swedish NATO membership hostage????; fears over diesel price hikes as sanctions set to hit Russian fuel exports⛽️; Biden approves disaster declaration as California braces for more storms☔️; former Brazilian justice minister arrested after Brasilia riots⚖️; Iran executes British-Iranian accused of spying????; at least 68 killed in Nepals worst air crash in 30 yrs????; Trumps company fined $1.6m for tax fraud????????; Asian retailers aim to cash in on returning chinese tourists????️; King Charles wants profits from wind deal to go to UK’s wider public????; Janet Yellen set for yr of US wooing Africa⏳; UK inflation eases but cost of staple foods continues soaring????; indices, JSE@79269⬆️; DOW@33044⬆️; FTSE@7770⬆️; R/$17.11; R/£21.21; R/€18.61; Bitcoin $22582; Brent Crude $87; sports, SA20 recapturing the SA cricket publics imagination????; Shukri Conrad & Rob Walter announced as latest Proteas coaches????; Nadal suffers shock Aussie open defeat????; after 6 hrs, Andy Murray seals one of the greatest ever comebacks Down Under????; LIV Golf signs US broadcaster deal⛳️; Ferrari to stay in F1, special concessions made????️; Jim Ratcliffe’s Ineos group declares interest in buying Man U⚽ ( Thanks to Dan Thomalla )
As we make a new start to 2023 ….what new perspectives and resolutions will we make to make sure we thrive in 2023 ?