South Africa’s mergers and acquisitions (M&A) activity in the technology sector remains flat amid rising inflation, increased cost of capital and geopolitical uncertainty. Commenting on the situation, Peter Takaendesa, Mergence CIO, says it is quite likely that we will see even higher levels of M&A in the broader TMT sector if structural economic reforms in SA gain momentum that will lead to real GDP growth sustained above 2%, together with political stability.

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