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World Economic Forum News

How to make sustainable development a reality

05/06/2015 15:33:24

The year 2015 is significant for Africa, as it marks the end of global, regional and local efforts to meet the MDGs.

Importing skilled labour to bridge the gap

05/06/2015 14:29:32

South Africa is advised to relax visa regulations and welcome more skilled immigrants in catalysing its economic growth.

UNFPA encourages PPPs to tackle Africa’s unemployment

05/06/2015 13:35:34

UNFPA's Executive Director, Babatunde Osotimehin has urged private sector to be partners in national development.

South Africa prepares for increasing interest rates

05/06/2015 11:23:26

South Africa's Reserve Bank Governor confirmed that interest rates will be going up in 2015 given the current inflation outlook.

Special Report

Is 2015 the beginning of the end for Africa's China-led boom?

02/09/2015 15:10:27

Disappointing growth in Africa's two biggest economies has highlighted the role of China in the expansion of recent years.

Oil, global contagion to keep markets under pressure

24/08/2015 10:23:51

Middle East stock markets look set to remain under downward pressure on Monday as oil prices hit fresh 6-1/2 year lows.

Stocks tumble on China, growth fears; dollar fades

21/08/2015 07:07:09

World stock markets tumbled on Thursday as another slump in the equity market of China stoked concerns about sluggish global growth.

Greece's prime minister resigns, calls for early elections

20/08/2015 19:28:50

Government officials say aim is to hold the election on September 20.

Southern Africa

South Africa's business confidence hits 16-year low, weakens rand

03/09/2015 12:54:23

South Africa's business confidence fell to its lowest level in more than 16 years.

S.Africa's Sanlam posts lower H1 profit growth, home market struggles

03/09/2015 08:38:32

Sanlam posted a slower first-half profit growth on Thursday as high personal debt levels hit consumer's disposable income.

South African economy facing growth constraints: finmin

03/09/2015 07:06:52

Finance Minister Nhlanhla Nene says volatility in capital flows and the foreign exchange rate were adding to economic challenges.

South African airlines to cancel order for 10 Airbus aircraft: CFO

02/09/2015 14:53:40

South African Airlines is close to finalising the cancellation of a contract to supply 10 Airbus A320 aircraft.

Western Africa

Ghana’s Accra expected to be hub for rich people

03/09/2015 08:08:02

This is why...

African Development Bank chief to focus on powering Africa

02/09/2015 07:52:03

Energy poverty on the continent has to be solved as a matter of urgency says AfDB president Adesina.

Innovation in Nigeria to combat healthcare issues

01/09/2015 18:40:06

Nigeria is coming up with innovative ways to tackle it's healthcare issues.

IMF approves second disbursement to Ghana: sources

01/09/2015 08:08:40

The IMF's board on Monday approved the second disbursement under Ghana's three-year support programme.

East Africa

Will nuclear energy ease Kenya's power shortages?

02/09/2015 10:38:09

Is Kenya making the right steps as the country moves towards nuclear power.

Kenya targets Japanese markets

01/09/2015 13:14:12

How is Kenya closing the trade imbalance gap with Japan?

Kenya's parliament rejects proposal to raise bank capital requirement

28/08/2015 18:05:59

Analysts said the move could have forced mergers and acquisitions as smaller banks sought partners to survive.

Burundi's July inflation slightly up

28/08/2015 17:48:12

Economic analysts see a worsening economic situation in the future.


S.Africa's rand recovers footing but weak economy a risk

02/09/2015 08:43:18

S.Africa's government bonds edged higher on Wednesday and the rand was on a slightly firmer footing against the dollar.

Europe shares set to follow Asian losses as China PMIs stoke growth fears

01/09/2015 08:55:43

European markets look set to follow China losses after surveys shows China's manufacturing sector in the grip of its worst slump in years.

South Africa's rand gains but remains vulnerable to hawkish Fed

01/09/2015 08:38:22

S.Africa's rand recovered to the dollar on Monday after the greenback sagged ahead of a slew of data due this week.

South Africa's rand slips as U.S. Fed hike bets return

31/08/2015 08:44:54

S.Africa's rand traded weaker against the dollar early Monday after the Federal Reserve's vice chair the u.s may raise rates in September.


South Africa's Sappi Q3 profits fall on maintenance shutdowns

07/08/2015 09:14:00

South African pulp and paper company Sappi posted a 89 percent fall in third-quarter earnings on Friday.

South Africa's Sasol flags lower FY earnings on softer oil price

07/08/2015 09:07:42

S.African petrochemicals company Sasol said on Friday it expected full-year profits to fall by up to 19 percent due to softer oil prices.

South African insurer Liberty plans to spend millions on Nigerian deals

07/08/2015 08:50:19

South Africa's fourth-largest insurer Liberty Holdings reported a 6 percent increase in half-year profit on Friday.

Omnia FY earnings inch up, mining woes a constraint

23/06/2015 08:49:00

Omnia, reported a slight rise in year earnings on Tuesday.

Special Reports

We can address social inequality: Stephen van Coller

13/08/2015 07:52:30

Barclays Africa’s CE for Corporate and Investment Banking Stephen van Coller has called for a robust approach in dealing with inequalities.

SMEs the answer to S.Africa's unemployment

29/06/2015 15:40:29

The SME landscape in South Africa is grappling with the ability to create employment.

Collaboration crucial to promoting entrepreneurial development

29/06/2015 15:23:24

Industry leaders have called for improved relations between government and private sector in promoting enterprise development.

Africa’s innovative minds given a platform to thrive

29/05/2015 12:45:30

The AIF seeks to catalyse the innovation spirit in Africa with the aim of cultivating needs-based inventions.


Opening Pandora’s Box: The bitter harvests of xenophobia

24/04/2015 16:04:29

It is a supreme irony that, exactly 30 years later, the troops are back on the streets of Alexandra.

Please beat the count Ali

24/10/2014 12:54:21

There are many Africans who are praying that Muhammad Ali will beat the count and rise from the hospital bed where he lies critically ill.

The rise of the island paradise

03/10/2014 11:32:19

From the moment you step on the plane you know Mauritius means business.

TB Joshua Lagos church collapse: the cheapness of life in Africa

19/09/2014 14:41:52

As a journalist, it makes me sick.

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