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SA to get a boost from economic rebound in in sub-Saharan Africa

Apr 25 2017 17:52

Economic growth in sub-Saharan Africa is expected to pick-up sharply in 2017 after slumping in 2015 and 2016, says Overberg Asset Management.


Africa needs strong policies to tap into potential, says IMF

Apr 24 2017 19:27

The IMF says sub-Saharan Africa is a region of tremendous potential and will be able to tap into this potential in the coming years.


Zim rejects call to make rand official currency

Apr 24 2017 12:52

Despite intense lobbying by industrialists, economists and the business community, officials in Zimbabwe have rejected the call to adopt the rand as its official currency.


World Bank cuts sub-Saharan Africa's 2017 growth forecast

Apr 19 2017 18:56

The World Bank cut its growth projection for sub-Saharan Africa this year because of weak expansion in the region’s three biggest economies.


Egypt investor conference hosted in Cape Town

Apr 19 2017 15:19

Renaissance Capital, an emerging and frontier markets investment bank, is holding its second annual Egypt Investor Conference in Cape Town.


IMF reviews growth rates

Apr 19 2017 14:58

In its latest report, the IMF says sub-Saharan Africa will record an average growth rate of 2.6% with South Africa projected to register a modest growth of 0.8%.


SA 53rd most competitive travel destination - WEF

Apr 14 2017 17:30

Travel & Tourism Competitiveness Report of the World Economic Forum benchmarks the travel and tourism competitiveness of 136 economies.

Financial Services

New law to compel Zim banks to accept cows as collateral

Apr 13 2017 19:01

Under a new law, commercial banks in Zimbabwe could soon be compelled to accept livestock as collateral for cash loans to informal businesses.


Rising Fortune 500 interest in Africa, Middle East - report

Apr 12 2017 16:58

The Middle East and Africa region has become increasingly important for the majority of global Fortune 500 countries, according to a new report by Infomineo.


Downgrades could impact infrastructure development

Apr 11 2017 15:49

Ratings agencies' downgrades of SA will have a ripple effect on the built environment sector and the cost of infrastructure development, says an industry body.



Number of private equity exits in Africa on the rise

Apr 10 2017 18:07

Africa has continued its upward trend in the number of private equity exits, according to an EY survey on how private equity investors create value.


Crop-destroying armyworm caterpillars spread to Uganda

Mar 26 2017 11:15

A plague of crop-destroying fall armyworm caterpillars has spread to East Africa where officials confirmed their presence for the first time in Uganda.

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So, the worst has finally happened. S&P and Fitch officially downgraded SA to junk status following the ill-timed Cabinet reshuffle.

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