South Africa not heading into a recession, Gordhan assures
South Africa was not slipping into a recession despite taking substantial hits in a storm of global economic challenges, Finance […]
economy
New risks emerge for South African businesses
Three new major risks have emerged for South African businesses in the latest Allianz Risk Barometer 2016, with the business […]
Economy: Dangote urges Nigerians to be patient
President of Dangote Group, Aliko Dangote has urged Nigerians to be patient with the present administration of President Muhammadu Buhari. […]
Fitch questions South Africa’s economic policy following Finance Minister debacle
The replacement of a second Finance Minister in South Africa within five days has not enhanced confidence in government effectiveness […]
Aurecon appoints new MD to lead its Africa business
From 1 January 2016 onward, Ferdi Nell will lead all of Aurecon’s Africa operations, having transitioned from his previous role […]
Pravin Gordhan appointed minister of finance
The Presidency issued a statement on Sunday confirming the appointment.”I have received many representations to reconsider my decision. As a democratic […]
Economic development leads Africities discussion points
Local government is increasingly being identified as the strategic enabler for national economic and development objectives, says South African Local Government […]
Xi urges BRICS countries to cement confidence in growth
ANTALYA, Turkey, Nov. 15 (Xinhua) — Chinese President Xi Jinping on Sunday called on BRICS countries to strengthen confidence in […]
Multinationals in Africa are growing revenues but losing market share to local rivals
According to BCG, another advantage which some African companies have over multinationals, is their willingness to move up the “value […]
10 surprising facts about Africa
Ten scenarios in Africa where one – or a handful – of countries make an outsized contribution to the total: […]
Tanzania’s wealth per capita has increased
The state of the Tanzanian economy, east Africa’s second largest, is a study in contradiction, say economists. Wealth per capita […]
South Africa to retain investment grade, but fate of peers sounds warning
The recent downgrade to junk of South Africa’s emerging market peer Brazil is a timely warning that ratings agencies and […]
SA back in top 50 of global competitiveness
Improvements in “technological readiness” helped South Africa reverse a four-year decline and leapfrog seven positions to land back into the […]
Emerging economies need greater infrastructure – World Bank
As advanced economies continue to dominate the use of scarce long-term funding, emerging and developing countries are struggling to mobilise […]
SA Q3 business confidence falls, led by retailers
South Africa’s business confidence index extended losses to its weakest since late 2011 in the third quarter of this year, […]
China’s slowdown affects African economies
The slowdown in China and the associated ending of the commodity super cycle is having a major influence on the immediate growth prospects for Africa says Professor Mthuli Ncube,
Moody’s investors expects SA to avoid recession in 2015
The South African government on Wednesday welcomed Moody’s Investors Service’s decision to affirm South Africa’s sovereign ratings and maintain a […]
Finance minister to launch a new Central Supplier Database
Finance Minister Nhlanhla Nene will launch the Central Supplier Database (CSD) next Tuesday in East London at the Industrial Development […]
Mugabe pins hopes on China to restore Zimbabwe economy
President Robert Mugabe pinned his hopes on China helping to revive Zimbabwe’s struggling economy and outlined reforms to investment rules […]
Africa’s top industries to ensure growth
With the mining and oil industries under pressure as commodity prices fall to record lows, investors have to look to other prospects on the African continent.
