Emmerson Njanjamangezi, Group Features Editor 
BUSINESS is on tenterhooks amid the storm clouds gathering over the global economy, the intensifying war in Ukraine and the labour unrest that has shut down key ports in neighbouring South Africa (SA).
Speaking to The Financial Gazette yesterday, business leaders expressed fears that the triple whammy of exogenous economic headwinds could retard local GDP growth, disrupt supply chains and also trigger a fresh wave of fuel price increases and food inflation. The strike at South Africa’s major ports is already witnessing many sea vessels lining up outside the country’s harbours — amid concerns that this will result in plant shutdowns and a scale-down in productivity, which would be extremely detrimental to Pretoria’s ailing economy and those of regional states, especially ahead of the busy festive season.
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