Keep your business going despite the political noise.

Article written by Trevor Clark (Business Coach and ActionCOACH Senior Franchise Partner)

As South Africa approaches the 2024 elections, voter concerns are mounting due to the country’s economic slowdown, which stalled at 0.1% in the last quarter of 2023. The latest Quarterly Labour Force Survey also revealed that South Africa’s unemployment rate reached 31.9%. Specifically, in KwaZulu-Natal (KZN), 29.5% of the population is unemployed. For business owners, this indicates the onset of further macroeconomic and microeconomic challenges, stemming from infrastructural issues and the country’s routine state of political limbo post-elections.