As the demand for oil shrinks and prices collapse, Africa’s petro states — the likes of Angola, Nigeria, Egypt and Equatorial Guinea — will be left with massive holes in their budgets
Leaders need to grapple with the wicked problem of how to ease out
of the lockdown
Parliament and parliamentarians need to adjust their working procedures to ensure they are there for citizens during this crisis
Forget the Brics and the Civets, Mexico, Indonesia, Nigeria and Turkey are the new kids on the bloc, according to economists.
Advanced economies have struggled to recover fully after the 2008 global financial crisis, and South Africa will remain on rocky terrain with them.
Unemployment is set to worsen globally, posing the risk of social unrest as inequality worsens.
Think-tank debating Africa and its future was surprisingly concordant, writes <b>Kevin Davie</b>.
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/ 17 September 2008
Pieter Laubscher of the Bureau for Economic Research (BER) was named South Africa’s Reuters Economist of the Year for 2007 on Wednesday.
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/ 16 September 2008
White House candidates Barack Obama and John McCain promised on Monday to move quickly to reform Wall Street.
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/ 9 September 2008
World economic growth is set to continue to slow in the second half of 2008 before a gradual recovery in 2009, the IMF said on Tuesday.
Reserve Bank Governor Tito Mboweni can be proud of implementing sound economic policies, but he has faced criticism for defending inflation targets.
Finance Minister Trevor Manuel on Friday made a call for more direct links between educational institutions and industry.
Emerging-market economies have contributed more than their industrial counterparts to global growth since 2000, BHP Billiton said on Monday.
Captains of industry are pinning their hopes on talks between Zimbabwe’s political rivals as a chance to stop the economic rot.
South African consumer confidence plunged to a new four-year low in the second quarter of 2008, stung by high interest rates and soaring inflation.
Exports of R56,24-billion and imports of R57,90-billion in May resulted in a trade deficit of R1,66-billion, Sars said on Monday.
SA’s producer price inflation (PPI) accelerated above expectations to 16,4% year-on-year in May, from 12,4% in April, data showed on Thursday.
This is supposed to be India’s century, but the dangers of complacency have been starkly underlined with inflation hitting a 13-year high.
The spread of HIV in Mozambique has hit the economy and is heightening poverty, the United Nations chief representative in the country said on Friday.
United States economic growth will slow to a crawl, inflicting heavy collateral damage on Western Europe and Japan, the OECD said on Wednesday