South Africa's economy is experiencing a significant downturn, primarily due to rolling blackouts, high interest rates, and low consumer confidence. This impacts businesses of all sizes, particularly small and medium-sized enterprises (SMEs), leading to reduced activity and potential closures. The report highlights the need for both short-term resilience strategies, such as investing in renewable energy and diversifying revenue streams, and long-term solutions focusing on energy security, policy certainty, and infrastructure improvements. Ultimately, a collaborative effort between government, businesses, and civil society is crucial for recovery and sustainable growth.
