Executive Training Session - South Africa in 2030: The Latest Scenarios6 March 2018
The Durban Chemicals Cluster’s Investment and Growth programme focused on the macro-economic environment, and sought to address the shared challenges the local chemicals industry faced in harnessing market share, growing exports and attracting investment. The programme also supported the growth of the local chemicals manufacturing sector in domestic and international markets through the effective use of investment interventions. This Executive Training Session sought to familiarise executives with four possible scenarios for South Africa, in order to support their long-term investment decision-making.
The session was presented by Dr Frans Cronje, a renowned Scenario Planner and CEO of the South African Institute of Race Relations (SAIRR). Dr Cronje presented SA’s political and economic prospects to over 100 corporations, governmental departments, foreign governments and political parties.
During the session he delved into an analysis of the current growth, investment, employment, education and policy trends, to name a few, and focused specifically on the implications for manufacturers. He unfolded four possible scenarios for South Africa’s next decade which would prove particularly valuable for manufacturing firms with long investment horizons. The session concluded with a discussion regarding markers that indicate which scenario is unfolding and the major social, economic, and political trends that evolve under the scenarios.
The session aimed to reduce uncertainty as the scenarios gave participants advance warning of future political and economic shifts and allowed them to introduce responses that capitalise on positive future events and navigate effectively around negative ones.
The agenda included:
South Africa in 2030: The Latest Scenarios
Dr Frans Cronje (Chief Executive Officer – South African Institute of Race Relations)