Risk strategies for the recession

Risk strategies for the recession
31st Aug 2017 Comments Off on Risk strategies for the recession Uncategorised Leon van Wyk

Grant Thornton have released a well-written commentary on risk management that has featured in Daily Maverick. I guess we are all awaiting the national growth figures for the second quarter to June 2017 after the disappointing previous periods. They reflect on the need for businesses to examine their forecasts, cash flows and working capital cycles. On the Garden Route a further factor over the past few months has been the Knysna Fires and how that will impact individual businesses in coming months. The retail sector is also experiencing tougher trading conditions.

Robust risk management bolsters companies against the severe challenges of economic uncertainty. As South Africa slips further into recession, businesses…
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Leon van Wyk The InvestGardenRoute platform has been established by Leon van Wyk, a chartered accountant by training. His experience in accounting, financial management, strategy, management, corporate finance advisory and economic development consultancy stretches over three decades.