News Analysis: 2014 may be a more troubling period for Businesses in South Africa according to recent Poll Data of Captains of Industry in the Nation. Rather than displaying a great deal of optimism, which is evident in Asia for example, they are more circumspect (to their credit).
While the Mineral Resources of South Africa are legendary, it appears that Regulatory Agencies are curtailing economic growth. Also, since 2008’s World Economic Collapse, some say Taxes in South Africa have become Debilitating for Businessmen. These Leaders think Lesser Taxes benefit Businesses which can help lead to Full Employment.
As some South African Captains of Industry look around the Globe, they see rampant World Unemployment, prolific Fiat Currencies abounding in Countries, and suspicious Collusive Trading in World Commodities and Stock Markets. South African Businessmen are using good judgement in assessing 2014 based on their own logic of many years of watching “World Economic Roller-Coaster Rides”.
The Captains of Industry in South Africa know: “When in the rugged ‘Savannah’, if one keeps his ‘Ear to the Ground’ he can Detect an Approaching Herd Long Before it is Visible to Others”.
Reality.