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South Africa: Union Insists On New-Look Economy

THE Congress of South African Trade Unions (Cosatu) is not backing down in its quest to influence economic policy. (webremix.info)


Africa: Economists Seek Solutions to Continent's New Challenges

Leading economists from across Africa are meeting in Nairobi to discuss the continent's economy. (webremix.info)


Economic growth back in the black

South Africa has emerged from its first recession in seventeen years, with the economy registering a growth of 0.9% for the third quarter of 2009, Statistics South Africa says, warning however that long term indicators still remain negative and that the country faces a slow recovery. (webremix.info)


Zimbabwe: S. Africa Keen to Invest in Country

SOUTH African investors are keen to establish businesses in Zimbabwe and are anxious to see Zimbabwe's economy stabilising, a Rustenburg municipal officer has said. (webremix.info)


South Africa: Economy Moves Out of Recession

South Africa's economy turned around in the third quarter of 2009, registering marginal growth, the government's statistics agency reported Wednesday. (webremix.info)


West Africa: Glo Looks Beyond Nigeria, Ghana to Revolutionise Ivorian Telecom Market

Second National Operator, Globacom says it will revolutionise Cote d'Ivoire's telecommunication services to help transform its economy and position the country as one of the most powerful telecommunications market in Africa and indeed the world. (webremix.info)


South African economy grows again

South Africa exits a nine-month recession after its economy returned to growth between July and September. (webremix.info)


South Africa emerges from recession

Johannesburg - South Africa, Africa's biggest economy, is back on the growth path following two quarters of recession, (webremix.info)


Industrialization will help Africa fully join world economy: UN chief

Industrialization can serve as "a critical engine of economic growth and development" for Africa, which, like the rest of the world, continues to feel the impact of the global economic and financial crisis, UN Secretary-General Ban Ki-moon said Friday. "UN figures indicate that the world economy is poised for recovery, but for Africa to benefit the continent must focus on industrialization as a critical engine of economic growth and development," Ban said in his message to mark the Afric ... (webremix.info)


Rugby boost for SA economy

November 20, 2009 The rugby series between the Springboks and the British and Irish Lions boosted the South Africa economy to the tune of almost R1,5-billion, a study commissioned by SA Rugby has reve... (webremix.info)


Africa: Industrialization Will Help Africa Fully Join World Economy, Says Ban

Armed conflict, inadequate infrastructure, weak governance, limited financing and technological abilities, and policies that stifle entrepreneurship, limit competition and raise the cost of doing business are hindering the industrialization that Africa needs to fully join the global economy, Secretary-General Ban Ki-moon warned today. (webremix.info)


South Africa: OECD Predicts Economy to Grow 2,7 Percent Next Year

A TOP think-tank sharply raised its forecasts for the global recovery yesterday, and gave a surprisingly upbeat assessment of SA's economy over the next two years. (webremix.info)


'Zim Ready for Investment'

Harare — ZIMBABWE is ready to receive investment across all sectors of the economy, and will remain an attractive investment destination in Africa, Zimbabwe's Ambassador to South Africa Simon Kh... (webremix.info)


'Zim Ready for Investment'

ZIMBABWE is ready to receive investment across all sectors of the economy, and will remain an attractive investment destination in Africa, Zimbabwe's Ambassador to South Africa Simon Khaya Moyo, told South African investors. (webremix.info)


Botswana: Khama Unveils His Grand Plan

President Ian Khama has unveiled his multi-faceted dream to turn Botswana from a diamond dependent economy to a producer country and a competitive service provider in Africa. (webremix.info)


UNIDO says industrialization key to Africa's development

United Nations Industrial Development Organization (UNIDO) Director-general Kandeh K. Yumkella has said that the lack of industrialization is the missing key for Africa to join in the global economy, according to a report published by the United Nations Information Service Vienna (UNIS Vienna) on Wednesday. "Africa's pursuit of industrialization was critical to the continent's full integration into the global economy," said Yumkella in the report. According to the UNIDO chief, mo ... (webremix.info)


Africa: Industrial Development Key to Continent's Integration Into Global Economy - UN Official

18 November 2009 - The head of the United Nations Industrial Development Organization (UNIDO) warned today that Africa must overcome the obstacles to boosting industrial production and gaining a larger share of world trade to benefit from the global economy. (webremix.info)


South Africa: Transition to Green Economy Essential, Says China, U.S.

China and the United States (US) have signed a joint statement agreeing that the transition to a green and low-carbon economy is essential. (webremix.info)


Khama Unveils His Grand Plan

President Ian Khama has unveiled his multi-faceted dream to turn Botswana from a diamond dependent economy to a producer country and a competitive service provider in Africa. (webremix.info)


Continent Urged to Take Advantage of Technology

FOR sub-Saharan Africa, building a knowledge economy "is no longer an option, it is a necessity", World Bank Institute economic adviser Shahid Yusuf said last week at a University of the Witwatersrand symposium on research and training for sustainable development in Africa. (webremix.info)


South Africa: Growth in Private Credit Hits a 40-Year Low Point

Growth in private-sector credit slowed to its lowest pace in more than 40 years in August, showing that interest rate cuts have done little so far to revive the shrinking economy. (webremix.info)


AFRICA: Water Summit Ends

MIDRAND, South Africa, Nov 13 (IPS) - As the Second Africa Water Week ends, participants have reiterated that lack of access to clean water and adequate sanitation has a direct bearing on public health and the economy in Africa. (webremix.info)


South Africa: Water Summit Ends

As the Second Africa Water Week ends, participants have reiterated that lack of access to clean water and adequate sanitation has a direct bearing on public health and the economy in Africa. (webremix.info)


South Africa: Scuttling of MTN Merger Shows Country's Changing Priorities

SA's decision to block a 23b n merger between MTN and India's Bharti Airtel may indicate President Jacob Zuma favours more state involvement in the economy to protect jobs and local industries. (webremix.info)


South Africa: Doubts Over Long-Term Factory Revival

Figures due out this week should show that factory output picked up in August, in line with growing evidence that the economy's most embattled sector is emerging from the recession. (webremix.info)


South Africa: Moves to Weaken Rand May Backfire

ATTEMPTS to weaken the rand may backfire, given the clout of global markets and the potential cost to the economy, analysts say. (webremix.info)


Japan under curfew in South Africa

Amid signs the rest of the world may be recovering from the global financial crisis, Africa is still being hammered. South Africa's economy, the continent's largest, shrunk by another 3 percent in the... (webremix.info)


Congo-Kinshasa: Govt Creates Safety Net by Diversifying Economy

The DRC with an estimated population of 65 million has the second largest land area in Sub-Saharan Africa. It is rich in natural and human resources and in need of foreign direct investment to re-build an economy stagnated by prolonged civil war. (webremix.info)


Economic recovery 'by year's end'

An improvement in manufacturing, as well as an increase in confidence means that a recovery in South Africa's economy could be expected by year end, SA Reserve Bank deputy governor Daniel Mminele told delegates at a Citigroup seminar in Istanbul, Turkey this week. (webremix.info)


South Africa: Mounting Clamour for Action to Rein in the Rampant Rand

CALLS are mounting for steps to reverse gains in the rand, which erode the competitiveness of local exports, hurt mining revenue and threaten the expected recovery in SA's bruised economy. (webremix.info)


South Africa: Small Business Blues

WHILE business, the unions and government fiddle at Nedlac, the economy burns. Figures released by Statistics SA yesterday showed that business failures were up by about 21% in the year so far, even though they dipped in August. This was an improvement from the previous month but frightening nonetheless. (webremix.info)