International Finance

Tag : South Africa

Economy

World Bank cuts global growth outlook

Move prompted by low commodity prices and sluggish growth in advanced economies IFM Correspondent June 9, 2016: The World Bank has downgraded its 2016 global growth forecast to 2.4 percent from 2.9 percent, which was projected in January. The move was prompted by sluggish growth in advanced economies, low commodity prices, weak global growth and...
Business Leaders

‘Many people assume that engineers work in the middle of nowhere’

Naadiya Moosajee is trying to get more African women to study and pursue a career in engineering Miriam Mannak March 3, 2016: GDP-wise, Africa is doing well – with 4.5% growth predictions for 2015 and beyond. That doesn’t take way the fact that the continent is one of the world’s least developed regions in terms...
Economy

The grim and costly side of South Africa’s strike culture

Striking mobs have been part of the South African economic landscape for quite some time. Over the past few years however, industrial action has become more frequent, violent, and costly; and a growing worry among investors, business owners,analysts. Miriam Mannak August 8, 2014: It has been a tumultuous couple of months on the South African...
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...