What we’re tracking on 18 December 2018
Did you miss the results yesterday of our 2019 Enterprise Reader Survey? Almost half of you have had a good year doing business in Egypt, while around 40% of you have had the opposite experience. Half you think that business conditions will improve next year, while the number of pessimists among you has more than doubled since last year — 16% expect conditions to deteriorate in 2019. Other highlights:
- Fewer of you expect to beat your competition in the new year than thought you would come out on top when we asked the same question a year ago;
- You’re being squeezed by inflation and high interest rates;
- You’re also less optimistic about prospects for FDI inflows into your specific sectors;
- You’re not as likely to invest as you were a year ago: Last December, the vast majority of you thought your companies would invest more in the following six months. Today, less than half of you are saying the same thing.
- Fewer of you expect to be hiring in 2019 than thought their headcount would grow when we last surveyed you a year ago;
- You’re hoping to keep wage growth under control in 2019 after two years of sharp pay hikes.
Tap here for our full breakdown of the results. Some readers found the images published yesterday morning too small — you can find a larger version suitable for printing here (pdf) or just skim through the graphs below