Decreasing profitability a crucial issue to SA business
The most crucial issue facing today`s business leaders is the decreasing profitability of the local market, found a "dipstick" survey conducted by Bateleur Financial Services among managing and financial directors in South African insurance, banking and financial services sectors.
The survey highlighted the need for cost efficiency amid increasing high cost of doing business in South Africa.
It further showed that managing change on national and global levels, handling crime and fraud, employing and keeping well-skilled people, and the Rand`s behavior on foreign currency markets are also vital for business success today.