Deputy President Paul Mashatile says South Africa’s Special Economic Zones (SEZ) programme has attracted R14.8 billion in revenue and created more than 30 000 jobs across sectors, including automotive manufacturing, agro-processing and renewable energy.
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The agreements covered sectors including the economy, security, migration, and defence, further strengthening strategic partnerships between the two countries.
x EAC-PM paper highlights China”s dramatic economic rise since 1992, now 20% of world GDP (PPP). India”s share to reach 8.2% by 2025. Global economic shifts analyzed. New Delhi, Jul 16 (PTI) The rise of China is the most dramatic economic phenomenon since 1992 as it now accounts for almost 20 per cent of the…
Côte d’Ivoire is poised to remain one of Africa’s leading growth stories, with the IMF projecting economic expansion of around 6 per cent in 2026. That’s according to Samuel Mathey, President of the African Foundation for Entrepreneurship and Economic Development. He says the country’s diversified growth across cocoa, mining and energy, coupled with ongoing reforms…
The International Monetary Fund’s July 2026 World Economic Outlook presents a starkly divided global economic landscape where two powerful forces are reshaping growth trajectories across nations. On one side, the escalating war in the Middle East has triggered the largest energy supply shock on record, with oil prices surging 32% and global inflation expectations climbing…
Angola is stepping up efforts to reshape its economy, accelerating reforms aimed at reducing its dependence on oil while expanding industrial capacity, strengthening food security and investing heavily in power, transport and critical infrastructure. CNBC Africa’s Keamo Mosepele spoke to Fernando Chivinda, Executive Head for Business and Commercial Banking Angola at Standard Bank Group to…
The International Monetary Fund’s July 2026 World Economic Outlook presents a complex picture of the global economy navigating through turbulent waters. Global growth is projected at 3.0 percent for 2026 and 3.4 percent for 2027, representing a modest slowdown from the 3.5 percent average observed in 2024-25. The report highlights a fascinating dichotomy: while the…
China’s economic growth slowed sharply between the start of April and end of June as weak domestic demand and the Iran war’s impact on oil prices overshadowed the country’s strong exports.
Says HSBC Chief Asia Economist Frederic Neumann 12 July 2026, 00:00 AMBUSINESS MMahmudul Hasan Mahmudul Hasan
Hundreds of economists say in an open letter that institutions “must act now” to address how artificial intelligence could transform the economy and could put many people out of work.