Last year, international economic relations dominated the South African economic scene. Towards the end of the year, however, better equilibrium was also restored in the external accounts and this contributed to the expectation of an easier monetary policy in 1997. The current account of the South African balance of payments showed a substantial and growing deficit in the first half of 1996.
Inclusive business models, as is said, aim to “do well by doing good” through creation of more stable jobs that provide sustainable income flows, build technical skills and local capacity at the bottom of the pyramid. If we achieve this we will not only have created inclusive businesses, but also inclusive growth and shared prosperity.