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Posts Tagged ‘International’
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October 22, 2018

SA REMAINS AFRICA’S TOP PICK FOR FOREIGN INVESTORS

SA is still the most attractive financial market for international investors in Africa, according to the Absa Africa financial markets index.

The country remained in the top position for the second year running with a score of 93 out of 100, supported by strong financial market infrastructure and a robust legal framework.

Despite this, the report warns that SA’s macroeconomic performance deteriorated in the past year as it plunged into recession for the first time since the global financial crisis, exposing SA to “rising financial risks”.

This could result in the country being challenged for the top spot by the likes of Kenya, Nigeria and [...]

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August 6, 2018

EL NINO TO RETURN TO SOUTHERN AFRICA?

El Niño, a Spanish word used by Peruvian anchovy fishermen that means ‘boy child’ a reference to Christ child. El Niño is the warming of ocean currents off the South American coast around December and causes below normal rain patterns and above normal temperatures in specific areas around the world and Southern Africa often gets hit hard with drought. For 2 months in a row now the National Oceanic and Atmospheric Administration (NOAA) has issued an El Niño watch meaning all eyes are open and forecasts thus far are looking favourable for an El Niño to develop again this year.

South Africa is No Stranger to El Niño

South Africa in particular is no stranger to El Niño [...]

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