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A remarkable new era begins in South Africa

Members of parliament were set to re-elect Cyril Ramaphosa as South Africa’s president, with the 71-year-old now expected to form a “government of national unity”. The coalition, anchored by Mr ... Read More

SA’s economic shocks drag the region but growth expected to ramp up in 2024, says Afreximbank

African economies will grow on average by 3.8% in 2024 - slightly ahead of predicted global growth of 3.2% - prior to increasing by 4% in 2025. Read More

‘U.S. growth is exceptional’: World Bank sees America fueling the global economy in 2024

Stronger-than-expected growth in the United States — the world’s biggest economy — accounted for 80% of the World Bank’s upgraded outlook. The agency now expects the U.S. economy to expand 2.5% in ... Read More

Africa doesn’t have a choice between economic growth and protecting the environment: how they can go hand in hand

African countries need to find an alternative that acknowledges that sustainable development and economic growth are interdependent. Read More

Africa News

Published On 10 Jun 202410 Jun 2024 Can South Africa escape the ‘group of death’ with a win over Bangladesh? A win against inconsistent Bangladesh in New York will take South Africa within ... Read More

Africa’s largest economy votes

The polls are open in South Africa, in the country’s most pivotal ... due to graft convictions (14%); and the quasi-Marxist Economic Freedom Fighters (11%). Could the ANC really lose the throne? Read More

Governments Must Regain Voter Trust With New Economic Policies

The Berlin-based Forum for a New Economy has just addressed how to attack this critical problem, saying “to avert major damages to humanity and the planet, we must urgently get to the root ... Read More

Economic News

"Inflation was back down to levels that, if we got a lot of months like this, we would be feeling so much better," Goolsbee told the Iowa Farm Bureau Economic ... that the new enforcement action ... Read More

Fed: Economy Expanding Slightly, Consumers Pushing Back on Prices

The economy remains in expansion but high prices are causing consumers to balk. Interest rates are not coming down anytime soon. Federal Reserve officials found an economy still expanding but ... Read More

Global Economy

The conflict that flared with a stunning attack on Israel over the weekend has the potential to create global economic damage. Read More

As bad as you may think the economy is now, it’s nowhere near the 1970s

I, being a Gen Zer, can’t speak to that period firsthand. But I agree with Powell nonetheless — the US economy is not experiencing stagflation. It may, however, be experiencing a different ... Read More

Economic News

The Bank of Japan is also to meet and economic data out of the U.K. will inform the Bank of... Macquarie analysts see a potential shift in Federal Reserve policy on the horizon. While their base case ... Read More

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