Leadership is the most important factor in true business success…..Great Leaders will enable a doubling of Profits .
The South African marketplace is truly Brutaful( Brutal AND Beautiful) .The challenges facing our South African CEO’s in the next decade are a wonderful crucible for true leadership .As we begin our 2020 year the excitement builds quickly in our week 9 pulse view.
CoronaCrash sinks global markets????, $5 Trillion wiped off asset prices, DOW records biggest ever points drop falling 12% with FTSE into correction territory, JSE worst losses since 2008 recession????; Global panic grips as pandemic fears gather steam, cases arising across the globe, productivity & corporate growth concerns????; SA citizens to be repatriated from Wuhan✈️????; Mboweni delivers promising budget, finally takes on unions in bid to reduce government wage bill by whopping R160 billion????????????; ministers heed Mboweni’s call to fly economy as pics circulate on social media????; youth Centres to be established to combat unemployment????; cash injection for NPA, SIU & Hawks to fight corruption????????????; treasury signals future reduction in corporate tax rate????; taxpayers get surprise R14 billion in tax relief????; state capture commission extended for the last time rules courts????????; arrest warrant issued for Malema as he too misses court appearance on firearm charge????⚖; Gauteng to spend R60 billion to create jobs????; ConCourt judges poke hole in RICA act????; communications union takes Telkom to court over retrenchments⌛; cross border trade & financial flows to be made easier says Treasury????; commuter chaos in Western Cape as Eskom cuts electricity to PRASA over non-payment????; government on drive to open up new export markets????; PPI ticks up to highest levels in 6 mths????; internationally, investors now expect global recession due to coronavirus????; Heathrow expansion blocked by courts⚖; UK wants much looser new relationship with EU post brexit????; Tehran takes unprecedented steps of cancelling Friday prayers on corona fears????; former Egyptian strongman Hosni Mubarak passes away????; Brexit uncertainly is lifting says BOE????; Bernie Sanders assumes front runner status with big Nevada win, Super Tuesday awaits????????; Russia deploys warships after Turkish soldiers killed????; indices, JSE@51038⬇; DOW@25409⬇; FTSE@6580⬇; R/$15.66; R/£20.06; R/€ 17.27; Bitcoin $8676; sports front, proteas on receiving end vs Aussies losing T20 series????; Rabada out of India & Aussie tours; Blitzbokke In action in LA????; Olympics in jeopardy as corona fears heighten????( Thanks to Dan Thomalla )
So …..As we drive the 2020 year ,what real Leadership change will we embark on this coming week ?