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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

What tops Africa's emerging affluent priority list

06/10/2015 11:11:44

What are the priorities of the affluent in Asia and Africa?

Facebook to launch satellite to expand Internet access in Africa

06/10/2015 08:36:22

What is Facebook doing to expand internet access in Africa?

S.Africa is facing economic headwinds from all directions

03/10/2015 19:57:06

Bart Stemmet, Economist, NKC African Economics, delves into the reasons.

Zambia: An economy in stress revival plans

03/10/2015 19:37:18

Zambia will be better-equipped to weather shocks in the long term should President Lungu's State of the Nation address come to fruition.

Southern Africa

IMF revises Nigeria and S.Africa's growth forecast downwards

07/10/2015 04:30:44

The downward revisions partly reflects the IMF’s concerns about the performance of emerging markets.

South Africa central bank does not expect recession: governor

06/10/2015 17:22:53

The economy, while weak, will not go into recession this year.

Number of black South African CEOs declining

06/10/2015 16:41:11

Black Management Forum responds to the 2015 Jack Hammer Executive Report.

SABMiller rejects "informal" takeover offer bid from Anheuser-Busch InBev - report

06/10/2015 16:17:36

SABMiller and AB InBev both declined to comment on the report, cited by traders as the reason behind a drop in SABMiller shares.

Western Africa

Nigeria: Purchasing power: What can $100 buy you?

07/10/2015 04:42:25

When comparing the prices of Nigerian goods and services with similar goods in SA and the UK, Nigeria is found to be as expensive as the UK.

Nigeria’s Senate unveils president Buhari’s ministerial nominee list

06/10/2015 13:44:24

What is your take on Buhari's cabinet?

UK crime agency authorised to seize cash from Nigeria ex-oil minister: court

06/10/2015 08:46:03

Britain's NCA obtained court permission on Monday to temporarily seize 27,000 pounds from a former Nigerian oil minister.

Why pension funds in Nigeria should not ignore equities - Onyema

05/10/2015 15:31:15

Contributory pension schemes in Nigeria have moved from a two trillion deficit to a five trillion surplus in almost a decade.

East Africa

Africa's GDP growth to slow to 3.7 pct this year: World Bank

06/10/2015 13:33:23

Economic growth is set to slow in Sub-Saharan Africa to 3.7 percent this year, its weakest pace since 2009.

Kenya to cut non-essential spending this year - IMF

05/10/2015 17:57:10

Kenya's government plans to cut some non-priority spending this financial year.

How Rwanda plans to improve consumer satisfaction

05/10/2015 15:39:22

Rwandan customer service is still a stone throw away from reaching consumer satisfaction and trust.

Ethiopia aims to grow tourism threefold in five years - minister

05/10/2015 06:38:24

Ethiopia aims to triple its number of foreign visitors to more than 2.5 million by 2020.


South Africa's rand retreats on Fed uncertainty, stocks seen higher

16/09/2015 09:00:18

S.Africa's rand retreated from its firmest in two weeks on Wednesday after gaining on a narrower current account deficit.

S.African banks under growing pressure to ease company lending rates

16/09/2015 08:37:16

Some South African banks are beginning to ease corporate lending rates, and others could follow.

S.Africa's rand softer on China data jitters, stocks seen flat

11/09/2015 08:51:16

S.Africa's rand reversed gains inspired by domestic economic data, due to pressure from reduced appetite for emerging market assets.

S.African bank FirstRand's annual profit rises 13 pct, in line with consensus

10/09/2015 08:29:26

FirstRand, South Africa's biggest bank by market value, reported a 13 percent rise in full-year profit on Thursday.


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

Social Contract as a way to further an inclusive economic agenda

30/09/2015 15:14:54

Social contracts still need to be developed to bridge the inequality between communities and private sector.

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.


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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