Leadership is the most important factor in true business success.
Dynamic understanding of the business and market context is a critical success factor for Extraordinary Leaders . The South African marketplace truly represents a VUCA environment . Our week 28 synopsis.
A good week for economic reform in SA, stability returns to SARB as CR appoints Lesetja Kganyago for new 5 yr term, new PIC board appointed with top drawer set of directors & presidency says R250 billion of R300 billion pledged last year is in progress👏🏻🤞🤙🥳; ex-CEO Dan Matjila says gov interference compromised PIC😳; SA trade conditions remain under pressure👀; inquiry hears Transnet paid R42.5 billion for new locomotives🚂🤬; massive bounce back in GDP figures expected for Q2📈; Mining production decreases 1.5% y-on-y in May↘️; Eskom gets rescue option as PIC proposes a debt-for-equity swap👏🏻🤞💰; EFF thrown out of Gordhan budget vote address after tense stand-off💪; SAA board chair resigns🛫😤; SA’s SOE’s on the road to profitability says Gordhan🤥; SA will get nuclear at a cost it can afford says Mantashe🏭😬; SAA has R1.1 billion stuck in cash strapped Zim😱; steinhoff posts R8.9 billion loss in half yr earnings report🙄; treasury has started process of creating a state owned commercial bank💸🤔; duduzane Zuma acquitted on culpable homicide & reckless driving charge⚖; debate on SABC privatization intensifies in parliament📺🙄; medium term budget to reflect higher debt-to-GDP ratio🥶; NPA will need to shed jobs if it is to stay within budget😰; ratings agency places city of Joburg on negative outlook😤; vehicle sector tables 4.5% wage offer in opening bid🚘✍; internationally, Turkey takes delivery of Russian missile system parts to ire of US💣⚙; car output gives temporary lift to UK economy🚙; heaviest rains in 50 yrs in china leads to mass evacuations💦☔; Facebook faces another blockbuster European privacy court fight🖥; airbus asks airlines to check wings of A380’s for cracks✈️; Christine Lagarde set for October confirmation as new ECB President💶; Zim can’t pay for imports, narrows trade deficit💸; gold & ZAR gets FED boost as Powell signals rate cut amid global risks🏦; indices, JSE@57277⬇; DOW@27332⬆; FTSE@7505↘️; R/$13.95; R/£17.53; R/€15.72; Bitcoin $11669; sports front, sadly springbok legend James small dies aged 50🏉; Bafana Bafana lose out to Nigeria in Afcon⚽; Federer beats Nadal, sets up Djokovic Wimbledon final🎾; SA outclass Trinidad in nedball World Cup opener🏐; ENG take on Black Caps in WC final🏏( Thanks to Dan Thomalla)
What real Leadership change will we embark on this next week ……….