The Governor of the Central Bank of Seychelles Caroline Abel addressed the Businesses community in Seychelles on the ambitious move by central bank to improve the accessibility of loans and digitalization a move which will see the country’s economy growing towards meeting some of its macro-economic objectives by 2023. Read more.
The Mozambican Economic Climate Indicator (ICE), a measure of business confidence, wane in the second quarter ending June registering 85.7 points, one point less than in May, Mozambique’s National Statistics Institute (INE) has announced.
Nearly 5 % of businesses reported to have permanently closed in Zambia since the onset of the COVID-19 pandemic in early 2020, a new World Bank survey has revealed. Read more.
International trade comprises nearly one-third of the world's economy, $25 trillion out of $87.8 trillion, and varies across different industries, with some sectors eclipsing others when it comes to global outreach.
The African Development Bank (AFDB) says outlook for Zimbabwe remains clouded with challenges as the industrial and mining sectors are faced with reduced competitiveness, low commodity prices, and interruptions in electrical service that disrupt output in 2021. Read more.
Zimbabwe’s experts are concerned over the continued spike of utility prices experienced over the past few months piling pressure on consumers. Read more.
The government of Zimbabwe has announced the 60% foreign currency retention for the Tobacco farmers as they are approaching the harvest season and the opening of 2021 tobacco auction floors. Read more.
The RBZ governor has raised cash withdrawal limits by 100%, which is from ZWL$1000 to ZWL$2000 as of February 2021 although this figure appears to be very huge nominally and at face value, it does not bode well with market expectations. Read more.
Businesses operating in Zimbabwe will have to be nimble enough to manage switching suppliers and maintain liquidity to survive periods of low sales in 2021 while investors should seek exposure in companies that have defensive business models. These include those that are cash generative, export oriented and not dependent on local economies. The comes as […]
The Covid-19 pandemic wreaking havoc on the SA economy and the lockdowns that have been imposed have played a substantial role in bringing about a notable deterioration of the quarterly Business Default Index (BDI) produced by Exparian Africa.
More than a week ago, President Cyril Ramaphosa addressed the nation as it became clear that South Africa was starting to experience a second wave of the Covid pandemic.
British American Tobacco was established in 1902 and is based in London, UK. The company trades its shares on the Johannesburg Stock Exchange under the stock symbol BTI.
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