Key findings from our research
Survey by KPMG Germany and Southern African-German Chamber of Commerce and Industry (AHK Southern Africa)
64% of German companies surveyed expect rising revenue in South Africa
Following the elections in South Africa, German companies are cautiously optimistic and expect high investment momentum: 44% plan to invest in the country within the next three years, 10% at least three million euros
- 77% expect the economic environment in South Africa to improve in the future, but only 12% expect significant improvements
- Positive profit expectations: 48% of companies in South Africa and 35% in the Southern Africa region* expect profits to rise
- Top 3 growth factors: improvement in political stability (50%), reduction of bureaucratic hurdles (44%), and stricter anti-corruption measures (35%)
- Top three demands on the new South African multi-party government are to systematically fight corruption and crime (each 46%) and modernize infrastructure (39%)