Welcome to Issue 8.
Latin America remains firmly in the grips of COVID-19 but some countries are beginning to lift lockdown restrictions. There is little choice, businesses in many sectors are on their knees: travel, leisure, tourism etc. and even without restrictions on mobility it is unclear when or indeed if consumers will return.
It is not all doom and gloom, there are some ‘winners’ from the pandemic. Digitalisation, which was slow to penetrate Latin America, has grown exponentially across logistics, delivery, e-commerce and finance – previously ‘unbanked’ consumers are now using online cash payment services for purchases, they may sidestep the banks entirely.
Further opportunities exist in infrastructure, energy and mining.
At Tidings, we endeavour to cover the major commercial themes in the region, but if there is anything you would like us to focus on in future issues, don’t hesitate to ask.