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Mark Rose, Nedbank Business Banking Executive Head: Strategy and New Business Development. When the first reports of Covid-19 surfaced in China, initial concern from businesses in South Africa was muted. With only previous epidemics to go on and no indication that this would be any worse than those in recent history, initial reports suggested that […]
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Three years ago, the World Bank placed Ethiopia as the second-fastest developing economy. Socio-economic progress is making a positive push, from an inward-focused country advertising a ‘not open for business’ mindset, to centre-stage. Infrastructure development plans are in place and gradual change coming with a few multi-nationals already managing to invest and a largely un-skilled […]
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Women entrepreneurs are playing an important role in transforming global food security for economic growth, but they have to work twice as hard as men to succeed in agribusiness. “Agriculture and agribusiness are generally perceived as run by men,” entrepreneur and Director of the Nairobi-based African Women in Agribusiness Network (AWAN) Beatrice Gakuba, told IPS. She noted […]
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By Maarten Ackerman, Chief Economist and Advisory Partner, Citadel Much research has been undertaken regarding the biases which people have when making investment (and other) decisions. It’s important to know and understand them in order to avoid them – and the mistakes they engender – when making your own decisions. We are all human beings […]
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Mark Elliott, division president for Mastercard, Southern Africa talks to Africa.com about Mastercard’s recent acquisition of South African fintech Oltio, and how they will use the technology to bridge the divide in emerging markets. The credit-card provider said its acquisition of Oltio – whose technology is used to authenticate Mastercard’s Masterpass digital wallet transactions in Southern Africa […]
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According to the IMF’s Regional Economic Outlook for Sub-Saharan Africa, the growth pickup has been largely driven by improved policies in some countries, and a more supportive external environment, including stronger global growth and higher commodity prices. These factors have supported high volumes of capital inflows. For example, sovereign bond issuances by the region’s frontier markets […]
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Nigeria is Africa’s new economic leader. As if in line at McDonalds, Nigeria supersized its meal and got the winning monopoly piece on its French fries. The winning billions made Nigeria the continent’s biggest economy at US$510 billion, skyrocketing 89 percent in one night and passing previous leader South Africa, sitting at US$370 billion. Like […]
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