Dr. Okonjo Iweala appointed South Africa Presidential Economic Advisory Council member

President Cyril Ramaphosa appoints Dr. Ngozi Okonjo Iweala member of his Economic Advisory Council. The Presidential Economic Advisory Council is a non-statutory and Independent body chaired by the president. The appointed members will volunteer their time and will be compensated for travel and subsistence while they serve a three-year term. Dr. Okonjo Iweala served twice… Continue reading Dr. Okonjo Iweala appointed South Africa Presidential Economic Advisory Council member

Walmart still committed to trade in Africa

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According to a recent report, Africa is considered to lead global economic growth in the conceivable future. it is the home of almost two billion people with rising household spending and growth in foreign direct investment. The continent is rich in natural resources with a majority young productive population, the potential is huge. it is… Continue reading Walmart still committed to trade in Africa

Multinationals to benefit from Africa’s free trade area

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The African continental free trade agreement ACFTA has opened up opportunities for multinationals to diversify into unchartered markets especially emerging economies like Angola, Ethiopia, Kenya, Nigeria, South Africa, and Rwanda. According to the International Monetary Fund, Angola’s economy will contract for a fourth straight year in 2019 yet investors are happy with the reforms by… Continue reading Multinationals to benefit from Africa’s free trade area