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Africa: G20 Finance Ministers Meet to Assess Economic RecoveryU.S. Treasury Secretary Timothy Geithner says a meeting of the Group of 20 finance ministers in London is an opportunity to assess what is working and what is still needed to pull the global economy out of one of the deepest recessions in decades. (webremix.info)
South Africa: Where is Growth Going to Come From?
NEWS of an unexpectedly sharp fall in SA's current account deficit, seen as the economy's Achilles heel, is welcome but unlikely to be sustained when the recession eventually ends. (webremix.info)
South Africa: Risk Appetite Back At Standard Bank
STANDARD Bank has increased its risk acceptance rate on its home loan and credit card conditions because it believes there are sufficient signs the economy is starting to improve albeit slowly. (webremix.info)
Economic recovery 'linked to trade'
South Africa's economy is likely to recover as the balance of trade improves, an economic analyst says, after the country posted its third consecutive monthly trade surplus - this first time in six years. (webremix.info)
The rise of the dragon
Staff Writer BRIAN BENZA joins 20 other journalists from Africa on a visit to China from where he gazes down 350 metres below through a transparent glass floor of the Oriental Pearl Tower in Shanghai and agrees that China will overtake the American economy in the next three to four decades (webremix.info)
South Africa President Zuma urges more aid for Zimbabwe
South African President Jacob Zuma on Friday urged donors to give more aid to Zimbabwe to revive the shattered economy, while telling the nation's feuding leaders to quickly mend their differences. (webremix.info)
Zimbabwe hopes for more financial aid in Zuma visit
Zimbabwe hopes to get further financial aid from regional power South Africa for its battered economy, a minister said, ahead of a visit by President Jacob Zuma to help ease tensions in Harare's power... (webremix.info)
Global Economy to Grow By 3.1 Percent By 2010-IMF Report Reveals
"The International Monetary Fund (IMF) expects the global economy to contract by 1.1 percent in 2009 and to grow by 3.1 percent in 2010 but cautioned against premature exits from the fiscal stimulus and accommodative monetary policy measures, growth in Sub-Saharan Africa is expected to slow to 1.0 percent in 2009 after nearly a decade of strong performance. Exports have been slashed and capital flows, severely disrupted. (webremix.info)
South Africa: Economy to Grow Two Percent Next Year - Moody's
SA's economy was unlikely to show "vigorous growth" until the global recovery was more entrenched, which would probably happen in the second half of next year, Moody's Investors Service said yesterday. (webremix.info)
Africa: New Book Predicts Continent's Future in a Carbon-Constrained World
Impacts of climate change on Africa's development and prospects for the continent's growth in a new low-carbon economy are among the subjects covered in a new book by the director of the International Institute for Environment and Development, Camilla Toulmin. (webremix.info)
ECONOMY-AFRICA: Pros and Cons to Huge Chinese Investment in DRC
Concerns abound about a nine billion dollar Chinese investment in the Democratic Republic of the Congo, especially around environmental consequences and transparency. (webremix.info)
East Africa: Region Awaits Milestone
In the next three weeks, East Africa will make yet another milestone in the long journey towards creating a single regional economy that is big for residents to successfully do business among themselves and with the rest of the world. (webremix.info)
South Africa: Govt to Concentrate On Job Creation, Key Sectors
Over the next three years, government will focus on five key areas to grow the economy and transform South Africa into a safer, healthier, more skilled country that is able to create and sustain more jobs. (webremix.info)
Africa: Continent Has the Fastest Mobile Subscription Rate
Since 2003, mobile phone subscription has grown faster in Africa than in any other region of the world, a new Information Economy Report has revealed. (webremix.info)
South Africa: Green Tech for Poorer States Needed
POLICY incentives were needed to support technology transfer between countries in order to enable a low-carbon economy, a researcher said yesterday. (webremix.info)
Nigeria: ICT Can Rescue Economy, Says Ekuwem
Information and Communication Technology (ICT) has been described as the only viable tool through which Nigeria could move out of the current global economy meltdown. The National President, Association of Telecommunication Companies of Nigeria, Dr. Emmanuel Ekuwem stated this while announcing the opening of the 2009 COMBIT Africa and exhibition to be held in Lagoon Restaurant, Lagos. (webremix.info)
South Africa: Country Beats Recession This Year
SA's leading business cycle indicator has risen for the fifth month running, boosting expectations that the economy will emerge from recession in the fourth quarter. (webremix.info)
Africa: African Economies Picking Up- AfDB
Africa's economy is picking up but it's sustained growth will depend on the revival of demand in the West and increased investments, says the African Development Bank (AfDB). (webremix.info)
Economy
The European Commission has decided to launch a Plan of Action to find a permanent way to improve and strengthen the transportation l i nks between Africa and Europe, PANA reported from here Friday. (webremix.info)
217th Issue
In preparing for this issue of The North Africa Journal, we spent a great deal of time checking what North Africa is doing in building up its infrastructure to prepare for a 21st century economy. (webremix.info)
Africa: Green Projects in South Africa and Tunisia Receive UN Aid
Boosting energy efficiency in South African industry in the face of economy-threatening energy shortages and promoting environmentally-friendly production in Tunisia are the focus of two new United Nations projects signed today. (webremix.info)
South Africa: Group Five Sees Strength in Diversity
CONSTRUCTION and engineering firm Group Five 's strategy to diversify revenue across different sectors is likely to pay off handsomely once the economy recovers from the recession. (webremix.info)
Africa, South America Determined to Boost Cooperation
Africa and South America have made a commitment to strengthen South-South cooperation in various areas of the economy to promote development in the two regions. Leaders from both continents made the p... (webremix.info)
Africa, South America Determined to Boost Cooperation
Africa and South America have made a commitment to strengthen South-South cooperation in various areas of the economy to promote development in the two regions. Leaders from both continents made the p... (webremix.info)
Nigeria: UBA Commences Operation in Kenya
In continuation of its expansion drive, United Bank for Africa Plc has commenced operation in Kenya, the East Africa largest economy. The bank last Wednesday, October 7, 2009 opened its doors formally to customers in the country, having met all operational requirements of the country's apex financial regulatory body. (webremix.info)
Kenya: Firms Fight for Africa's Oil and Gas
Africa is emerging as a leading oil exploration frontier with prospecting companies repositioning themselves as the global economy recovers from financial crisis. (webremix.info)
Firms Fight for Africa's Oil and Gas
Nairobi — Africa is emerging as a leading oil exploration frontier with prospecting companies repositioning themselves as the global economy recovers from financial crisis. Global Pacific &... (webremix.info)
UBA Commences Operation in Kenya
IN continuation of its expansion drive, United Bank for Africa Plc, the pan-African banking group has commenced operations in Kenya , the East African largest economy. The bank on Wednesday, October 7... (webremix.info)
Africa: Resource-Based Economy Key to Development
The distinguishing feature of human development activity throughout history is the use of labour to make goods so that society can improve itself and transform its habitat. (webremix.info)
Africa: Africa Deserves Stake in Global Economy, Says IMF
Africa, which has 186 countries as members of the International Monetary Fund (IMF), merit a stake in the global economy, Managing Director of the Fund, Dominique Strauss-Kahn, said yesterday. (webremix.info)
Africa: Central Banks Adopt Common Policies
Increasing integration of Africa's economy into that of the world and competition for resources to spur growth is pushing African central banks towards an involuntary policy convergence, seen mainly in an emerging pattern of identical monetary policies. (webremix.info)
