International Finance

Tag : Africa

Business Leaders

Investors losing interest in South Africa

Change political mindset to overcome economic constraints, says John Kane-Berman, CEO, Institute of Race Relations Miriam Mannak November 5,2014:It hasn’t been plain sailing for South Africa. Besides slipping on the World Bank’s Economic Freedom Index and the World Economic Forum’s Competitiveness Index, the International Monetary Fund presented a rather bleak economic outlook for Africa’s second...
Economy

Rainbow Nation’s energy sector is getting greener

Since the 2008 energy crisis, South Africa has been trying to reduce dependency on coal Miriam Mannak October 3, 2014: Africa’s second largest economy is a land of abundance, boasting vast reserves of coal, platinum, and gold. The country’s natural wealth isn’t, however, confined to the depths below the earth’s surface. She is also blessed...
Economy

Ebola ruins summer of Africa

The outbreak was reported in March just when people begin to take their vacations and travel with their families Samuel Okocha August 19, 2014: Owners of businesses are raising concerns over the economic impact of the Ebola virus, as business travelers cancel visits over fears of contracting the disease that have left more than 1,000...
Economy

Depth in Africa’s Transformation

By Homi Kharas 27th March 2014 Africa is growing fast but transforming slowly. This is the message of the 2014 African Transformation Report, launched last week by the African Center for Economic Transformation (ACET). The report addresses a worry on the minds of many: in spite of impressive growth, the structure of most sub-Saharan African economies...
Fintech

Five Steps to Scale-Up Energy Efficiency

BY JAS SINGH. 9th January 2014 Most experts agree that energy efficiency is a critical building block for sustainable development. This is because improvements in energy efficiency strengthen a country’s energy security, increase competitiveness, ease shortages in energy supply, and lower environmental impacts including local and greenhouse gas emissions. Why doesn’t it happen then? A...
Economy

Rich Countries, Poor People: Will Africa’s commodity boom benefit the poor?

BY ANAND RAJARAM. 20th November 2013 Travelling across Africa these days you are likely to run into increasing numbers of mining, oil, and gas industry personnel engaged in exploration, drilling, and extraction across the continent. Although commodity prices are moderating, the discoveries being made in Africa offer the real prospect of significant revenue to many cash-poor,...
Economy

A Billion-dollar Opportunity for Developing Countries

BY OTAVIANO CANUTO. 19th November 2013 The decision last week by the Swiss government to sign the OECD’s somewhat lengthily named Convention on Mutual Administrative Assistance in Tax Matters is the latest of a series of developments that have radically increased the amount and quality of tax information available to governments. For developing countries, being...