Despite efforts by the South African (SA) government to address its economic challenges, economists say that the latest report by the International Monetary Fund, which saw it slashing the 2024 GDP growth rate, paints a bleak picture for the country. This is according to Don Consultancy Group's Chief Economist, Chifi Mhango. In the report released recently, the IMF projected the global GDP growth rate to hold steady at 3.2 % with inflation averaging 2-point-8 percent. For more on the report, Thami Ngubeni spoke to Chifi Mhango

Despite efforts by the South African (SA) government to address its economic challenges, economists say that the latest report by the International Monetary Fund, which saw it slashing the 2024 GDP growth rate, paints a bleak picture for the country. This is according to Don Consultancy Group's Chief Economist, Chifi Mhango. In the report released recently, the IMF projected the global GDP growth rate to hold steady at 3.2 % with inflation averaging 2-point-8 percent. For more on the report, Thami Ngubeni spoke to Chifi Mhango

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

Analysis – IMF slashes SA’s 2024 GDP growth rate

Thami Ngubeni and Victor Kgomoeswana, author of  "Africa Is Open For Business" and "Africa Bounces Back" discuss top stories in Africa for this week.

Thami Ngubeni and Victor Kgomoeswana, author of  "Africa Is Open For Business" and "Africa Bounces Back" discuss top stories in Africa for this week.

Business Roundup with Victor Kgomoeswana, author of  "Africa Is Open For Business" and "Africa Bounces Back"

As the South African E-hailing industry continues to grow, safety remains a top priority. While the National Land Transport Act NLTA empowers the government to implement stricter regulations there is a need for collaboration between the E-hailing industry stakeholders to come together to find solutions on how to tackle the safety challenges faced by the industry. InDrive, one of the E-hailing companies hosted a safety symposium initiative in Sandton, Johannesburg yesterday under the theme "Driving Change, A Collaborative Approach to Safety". Channel Africa reporter Micheal Mbewe filed this report.

As the South African E-hailing industry continues to grow, safety remains a top priority. While the National Land Transport Act NLTA empowers the government to implement stricter regulations there is a need for collaboration between the E-hailing industry stakeholders to come together to find solutions on how to tackle the safety challenges faced by the industry. InDrive, one of the E-hailing companies hosted a safety symposium initiative in Sandton, Johannesburg yesterday under the theme "Driving Change, A Collaborative Approach to Safety". Channel Africa reporter Micheal Mbewe filed this report.

SA E-hailing industry continues to grow, and safety remains a top priority

Embracing digital payment solutions can offer enhanced security, efficiency, and growth opportunities for local entrepreneurs, traders and small-business owners. South Africa has seen a surge in the adoption of digital wallets and payments, due to its convenience, speed, security and reach. Thami Ngubeni spoke to Jonathan Holden, Chief Operations Officer at SOLmate.

Embracing digital payment solutions can offer enhanced security, efficiency, and growth opportunities for local entrepreneurs, traders and small-business owners. South Africa has seen a surge in the adoption of digital wallets and payments, due to its convenience, speed, security and reach. Thami Ngubeni spoke to Jonathan Holden, Chief Operations Officer at SOLmate.

Analysis – IMF slashes SA’s 2024 GDP growth rate

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