R/€ = 16.83
R/$ = 14.61
Au 1286.51 $/oz
Pt 1066.50 $/oz
Jan 06, 2016
Economic growth in sub-Saharan Africa is forecast to pick up to 4.2% this year, as commodity prices stabilise and electrical power supply improves in many countries, the World Bank’s latest Global Economic Prospects report states. Activity would vary across the...
Sep 03, 2015
The slowdown in China and the associated ending of the commodity super cycle is having a major influence on the immediate growth prospects for Africa, with the former African Development Bank chief economist forecasting that growth rates will come under pressure this...
Apr 28, 2015
While sub-Saharan Africa is, overall, poised for a year of solid economic growth, policymakers need to be cognisant of risks that could still cloud the outlook amid mixed growth expectations for the continent’s countries. The region was expected to grow by 4.5% in...
Jan 30, 2015
The falling price of oil continues to dominate global energy news. By mid-January, the price of crude had fallen below $50/bl for the first time since the depths of the global recession in 2009. Why has the price plunged so dramatically? The short answer is that a...
Jun 01, 2012
The fact that world crude oil production has been stagnant since 2005 is now commonly acknowledged. But for all the world’s net oil-importing countries – including South Africa – the crucial oil supply variable is total world oil exports, rather than total world oil...