Challenges facing African SMEs
More than half of Africa economic activity is driven by SMEs from all sectors ranging from agriculture to manufacturing . However, most of African businesses are facing increasingly difficult conditions, as fluctuations across both African markets and the local economies create a persistent challenge that companies will need to address.For senior executives, understanding these developments and positioning their business to make the most of new opportunities will be essential for realising strong ongoing growth. As the economic situation continues to fluctuate throughout 2017, senior managers are going to see even greater demand on their core leadership skills to navigate these changes. This has been reflected in the most recent survey which revealed that although business leaders are confident about the future, 49 per cent feel the biggest barrier to future growth will be their ability to develop new innovation. A further 30 per cent are worried about finding the right staff, wh...