Has strong institutions that can buttress its economy if it focuses on accelerating growth, the head of research at Standard Chartered Bank said.
Investors shouldn’t dismiss South Africa over its other continental peers as it has strong institutions that can buttress its economy if it focuses on accelerating growth, the head of research at Standard Chartered Bank said.
Data from PWC’s Private Business Attractiveness Index suggests that despite the operational challenges, South Africa is becoming a more attractive location for private business, compared to countries in the Europe, Middle East and Africa region. Still, without the growth push, South Africa’s economy is expected to lag other big regional economies that are also implementing reforms. The International Monetary Fund expects its economy to expand 0.9% this year, Nigeria’s 3.3% and Egypt’s 3%.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Sudan: UN Official Urges South Sudan to Lift Taxes Halting AidThe UN's top humanitarian official in South Sudan has urged the government to lift newly imposed taxes and charges that are causing aid deliveries to be suspended, affecting tens of thousands of people.
Read more »
South Africa: How the Mandela Myth Helped Win the Battle for Democracy in South AfricaAnalysis - Political history scholar Jonny Steinberg's 2023 book Winnie & Nelson: Portrait of a Marriage is a double biography of South Africa's most famous political figures - Nelson Mandela and Winnie Madikizela Mandela - and their role in the country's struggle for democracy.
Read more »
South Africa: ANC-Aligned Cosatu Confirms It Is an Enemy of Unemployed South AfricansPress Release - A statement released yesterday by the ANC proxies in labour federation COSATU is a timely reminder that the ANC alliance - composed of the ANC, COSATU and the SACP - is the primary enemy of the 10 million unemployed people in South Africa.
Read more »
South Africa: Never Has a Wise Vote Been More Important to the Future of South AfricaAnalysis - After thirty years of democracy, the heroes of freedom have been replaced by the hyenas of stealing
Read more »
South Africa: 30 Years On, South Africa's Dream of Unity Lies ShatteredThirty years after the end of apartheid, South Africa is looking back on a democratic but deeply divided society. Political divisions have fueled a growing disappointment with Nelson Mandela's liberation party, the ANC.
Read more »
South Africa: DA Announces Ground-Breaking New Economic Policy to Rescue South Africans From UnemploymentPress Release - Unemployment is the single greatest crisis facing South Africa.
Read more »