Worldwide, CEOs' confidence levels for their growth prospects and outlook for the economy is back on the rise, amid new risks and uncertainty.
In PwC's 20th annual survey of CEOs worldwide, 38% (2016: 35%) are very confident about their company's growth prospects in the next 12 months, while 29% (2016: 27%) believe global economic growth will pick up in 2017.
Just over one-third (33%) of South African CEOs are very confident of their company's own growth in the next 12 months, four points down on last year, and five points below this year's global average (38%). Furthermore, only 19% expect global economic growth to improve in the next 12 months, 10 points below the global average.[Full Story.]
Last updated: 1 February 2017