Tag: Isaah Mhlanga
This time last year Africa was celebrating the milestone that free trade on the continent would soon be a reality. Prior to Covid-19, the free trade Africa deal was due to be implemented on the 1st of July. Africa Day this year is, however, less joyful as the continent grapples with the prospect of deep recession and in some parts, depression with the coronavirus health crisis fast muted into an economic and financial one. Joining CNBC Africa to discuss Africa’s prospects in 2020 is Alexander Forbes Chief Economist, Isaah Mhlanga and Head of Strategic Slients, Lesiba Mothata.
While some say South Africa’s government has moved swiftly in tackling the coronavirus pandemic, others say it should be doing more. Interventions by the Reserve Bank could also be increased to include rescuing big companies deemed too big to fail. That’s according to economists, including Alexander Forbes, Chief Economist, Isaah Mhlanga who joins CNBC Africa for more.
Central banks and finance ministers around the world have been scrambling for a solution to curb fears over covid-19 and prevent a deep global recession. What coronomics should our own country be following as the South African Reserve Bank starts its two-day monetary policy committee meeting tomorrow? Economist, Duma Gqubule and Isaah Mhlanga, Chief Economist at Alexander Forbes join CNBC Africa to give insight.
Alexander Forbes Investments examined the developing themes and trends impacting both South African and global investors in 2020 and beyond.
Isaah Mhlanga, Chief Economist at Alexander Forbes joins CNBC Africa to discuss this week’s MPC meeting as well as the oil prices spike after a drone attack hit the main Saudi Arabian oil industry over the weekend.
South African GDP figures released this morning shows the country grew 0.8 per cent in 2018 and 1.4 per cent in the last quarter of the year. Manufacturing expanded by 4.5 per cent in the fourth quarter while transport, storage and communication industry increased by 7.7 per cent, as a result of increases in land transport and transport support services. Mining decreased by 3.8% and contributed 0.3 of a percentage point to GDP growth. Isaah Mhlanga, Executive Chief Economist at Alexander Forbes Investments joins CNBC Africa to unpack the numbers.