African capital market activity declines further in 2019

The general slowdown in equity markets was largely driven by a series of macroeconomic factors including an equity capital market (ECM) deceleration in global markets

Overall, African equity capital market (ECM) activity in 2019 declined sharply both in volume and value from 2018, with 2019 posting the lowest proceeds raised in ten years. The general slowdown in equity markets was largely driven by a series of macroeconomic factors including an ECM deceleration in global markets,…

Africa’s insurance industry is poised for further growth – PwC insurance survey

Africa’s insurance industry is facing more disruption than any other industry, posing challenges for some while opening up business opportunities for others

The opportunities for growth in Africa’s insurance industry are huge despite recent economic and political uncertainty. The insurance industry has done well to adapt to continuous disruption, with technological advances now considered the most important global trend disrupting the industry. Despite the additional pressures of unrelenting regulatory and insurance accounting…

Non-executive directors in Africa expected to become specialised professionals in the foreseeable future: PwC NEDs report

PwC’s 10th edition of the ‘Non-executive directors: Practices and fees trends report,’ issued today continues with its annual review of fees paid to non-executive directors on JSE listed companies, as well as several African stock exchanges and an analysis of non-executive fees paid to the FTSE 100

Africa’s boards remain under significant pressure to continually transform and to ensure that they have the right expertise, experience and diversity to be an effective board in today’s rapidly-changing business environment. Gerald Seegers, Head of People and Organisation for PwC Africa, says: “Within the foreseeable future the makeup of the…

Video News Release: Tax compliance gets easier for companies, but new data highlights post–filing challenges across the world

Africa is still a difficult region for paying taxes - PwC

Economies around the world continue to make progress in simplifying and reducing the burden of tax compliance on business, according to the latest edition of Paying Taxes 2017, a report by the World Bank Group and PwC (www.PWC.com). Download the report: http://www.APO.af/PwC Released today, the report finds that the Total…

South Africa’s Mining Industry continues to Face Tough Times in the Wake of Subdued Commodity Prices, Mounting Cost Pressure and Regulatory Uncertainty: PwC Report

Companies had no choice but to cut back on new developments, re-focus on profitable production rather than maximum production and to save costs

2016 marked another challenging year for SA’s mining industry in the wake of subdued commodity prices, an increase in short-term volatility, increased pressure on operating models and regulatory uncertainty. These are some of the highlights from PwC’s (www.PwC.com) eighth edition of SA Mine, a series of publications that highlights trends in…

Technological innovation will act as a catalyst in boosting productivity and growth in Africa’s agribusiness sector: PwC Agribusiness report

Agriculture is currently standing on the edge of a second green revolution. This revolution will entail fundamental shifts in how the agricultural sector utilises and implements innovative technology to improve output in a sustainable manner and address the need for greater food security globally. These are some of the highlights…

Strategy that works in Africa: closing the gap between strategy and execution

Most major corporations struggle with developing a business strategy that works

Most major corporations struggle with developing a business strategy that works. Fifty percent of business leaders don’t believe they have a winning strategy to begin with and almost all report missing major opportunities in the market. About two-thirds of business executives say that their company’s capabilities don’t support the way…

More in store for African retail & consumer businesses – prospects remain positive: PwC report

PwC’s inaugural publication entitled ‘So much in store’ is an in-depth study into the make-up of Sub-Saharan Africa’s retail and consumer goods industries

Africa’s economy has seen modest growth in the wake of falling commodity prices, slowing revenues and volatile currencies. The moderation in growth impacts a range of industries and sectors, including retail and consumer products that must contend with rising costs, and a fall in prices. Despite the decline in growth,…

Companies that adopt a capabilities-driven strategy will gain a competitive edge in African markets: Strategy& analysis

A new study released today by Strategy&, PwC’s strategy consulting capability based in Africa

Executives that follow a capabilities - driven strategy will make their companies more coherent and gain a competitive advantage in the African markets where they have decided to expand their operations. The right strategy can transform a company and its industry, delivering substantially superior shareholder returns in the long-term. These…

PwC FY15 global revenues increase 10% to US$ 35.4 billion

Double-digit growth in Middle East and Africa (16%), North America and the Caribbean (12%) and Australasia and Pacific Islands (11%)

Strongest revenue growth in eight years Double-digit growth in Middle East and Africa (16%), North America and the Caribbean (12%) and Australasia and Pacific Islands (11%) Total workforce tops 208,000 a record number, with 53,000 people joining in FY15 PwC named as 2nd most attractive employer in the world for…