insert_link Business / Economics Economist Urges Reforms as South Africa’s GDP Shrinks by 0.3% In S.A, North-West University Business School economist, Raymond Parsons, has called for urgent economic reforms following the disappointing gross domestic product growth figures for the third quarter, when it decreased by 0.3-percent. Parsons calls for more investment and faster reforms from both the public and private sectors to drive job-rich growth and improve the economy: todayDecember 4, 2024 13
insert_link Business / Economics DA leader and Agriculture minister John Steenhuisen endorsed the mid-term budget DA leader and Agriculture minister John Steenhuisen endorsed the mid-term budget, calling it the right step toward fiscal growth. Speaking outside Parliament, Steenhuisen commended the focus on debt reduction, infrastructure spending, halting bailouts for state-owned entities, and the end of e-tolls. He emphasises the DA’s role in driving reforms through the government of national unity, through economic growth and job creation: todayOctober 31, 2024 19
insert_link Africa IMF Calls for Economic Reforms in Sub-Saharan Africa to Boost Growth Sub-Saharan African countries reliant on commodity exports must implement economic reforms to address uneven regional growth, stated Abebe Aemro Selassie, the International Monetary Fund's Africa Director. Reuters reports that the IMF's latest World Economic Outlook reveals that the region's growth is projected at 3.6% this year, consistent with last year's figures and lower than the April forecast of 3.8%. Commodity-dependent economies are notably underperforming compared to their more diversified counterparts. todayOctober 28, 2024 5
insert_link Africa Nigerian authorities warn against violent protests Nigeria is bracing for nationwide protests over the high cost of living, with authorities cautioning against violent demonstrations similar to those in Kenya that led to a government reversal on new taxes. The AFP news agency reports that while facing severe inflation and a devalued naira after President Bola Tinubu's economic reforms, the #EndbadGovernanceinNigeria movement has gained traction online. As inflation skyrockets, many poor Nigerians have had to skip meals […] todayAugust 1, 2024 12
insert_link Africa Nigeria’s planned protests: What we know By Laurie Churchman with Aminu Abubakar in Kano Politicians and the army have warned people against taking to the streets, but organisers say government failings have left them little choice. Both sides have made comparisons with recent protests in Kenya that forced the government to withdraw new taxes, but it is not clear what shape the rallies could take in Nigeria. With demonstrations set to start on […] todayJuly 29, 2024 21
insert_link Business / Economics Transforming Namibia’s economy with effective trade and industrial Policies Opinion Piece by Josef Kefas Sheehama The political climate in Namibia is among the African most tranquil and stable. In order enhance Namibia's potential growth rate, reforms must be put in place for the country's economy to continue on a sustainable path. One of the main obstacles to Namibia's industrial development, especially for small and medium-sized businesses, has been a lack of human and financial resources. Because institutions […] todayApril 11, 2024 19
insert_link Africa Economic reforms propel Ethiopia to world’s third fastest growing nation brand status By Conrad Onyango, bird story agency Ongoing economic reforms that are also seeing Ethiopia opening up its traditionally closed sectors to private investment are helping to lift the country’s image, globally, according to a new report. UK-based Consultancy, Brand Finance in its Global Soft Power Index 2024 ranked Ethiopia the third fastest-growing nation brand in the world. In the ranking of the most valuable nations, Ethiopia’s brand […] todayMarch 13, 2024 24
insert_link Uncategorized SA’s Finance Minister proposes infrastructure financing reforms in budget speech South Africa’s annual consumer price inflation rose to 5.3% in January from 5.1% in December last year, the first jump after two-consecutive months of moderation. Separately, SA’s Finance Minister Enoch Godongwana has announced proposed reforms to infrastructure financing aimed at optimising the sectoral value chain to be effective and efficient. todayFebruary 21, 2024 16