South Africa's construction industry has been grappling with many issues recently including that of late or non-payment of subcontractors by contractors and clients. This has not only created cash-flow difficulties for subcontractors but also raised concerns about the stability and trust within the industry. How to manage and find solutions is key to addressing the issues.  Thami Ngubeni spoke to Yusuf Bodiat, Chief Financial Officer of the Federated Employers Mutual Assurance Company, FEM...

South Africa's construction industry has been grappling with many issues recently including that of late or non-payment of subcontractors by contractors and clients. This has not only created cash-flow difficulties for subcontractors but also raised concerns about the stability and trust within the industry. How to manage and find solutions is key to addressing the issues.  Thami Ngubeni spoke to Yusuf Bodiat, Chief Financial Officer of the Federated Employers Mutual Assurance Company, FEM...

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

South Africa's construction industry grapples with late or non-payment of subcontractors by contractors and client

The Swiss Alpine town of Davos is once again hosting the annual meeting of the World Economic Forum, bringing together political, economic and cultural leaders from around the world for high-level talks. 

This year's gathering comes at a moment of heightened geopolitical tension and debate over the future of global cooperation, with U.S. President Donald Trump's agenda dominating discussions. As trade disputes between major powers intensify, does this moment position Africa as a strategic alternative for investment?

 Channel Africa's economics reporter Innocent Semosa has more.

The Swiss Alpine town of Davos is once again hosting the annual meeting of the World Economic Forum, bringing together political, economic and cultural leaders from around the world for high-level talks.&nbsp;
This year's gathering comes at a moment of heightened geopolitical tension and debate over the future of global cooperation, with U.S. President Donald Trump's agenda dominating discussions. As trade disputes between major powers intensify, does this moment position Africa as a strategic alternative for investment?
&nbsp;Channel Africa's economics reporter Innocent Semosa has more.

WEF takes place amid heightened geopolitical tension, debate over the future of global co-operation

Malawi's energy regulator has announced a sharp increase in fuel prices for the second time in four months, citing the need to avert fuel shortages and conserve scarce foreign exchange. Petrol prices have risen by nearly fourty-two percent, while diesel has gone up by about 41%, according to the Malawi Energy Regulatory Authority (MERA).

The move comes as President Peter Mutharika's administration seeks to stabilise the economy, negotiate a new support programme with the International Monetary Fund (IMF), restructure public debt, and rebuild dwindling foreign reserves.

Thami Ngubeni spoke to the President of the Economics Association of Malawi (ECAMA) Dr. Bertha Bangara Chikadza.

Malawi's energy regulator has announced a sharp increase in fuel prices for the second time in four months, citing the need to avert fuel shortages and conserve scarce foreign exchange. Petrol prices have risen by nearly fourty-two percent, while diesel has gone up by about 41%, according to the Malawi Energy Regulatory Authority (MERA).
The move comes as President Peter Mutharika's administration seeks to stabilise the economy, negotiate a new support programme with the International Monetary Fund (IMF), restructure public debt, and rebuild dwindling foreign reserves.
Thami Ngubeni spoke to the President of the Economics Association of Malawi (ECAMA) Dr. Bertha Bangara Chikadza.

Malawi's energy regulator announces a sharp increase in fuel prices for the second time in four months

Ghana's Chamber of Mines warns that proposed tax and royalty changes could deter investment and slow mining output.

While supporting a sliding‑scale royalty system that boosts state revenue at higher gold prices, the chamber says the current plan would push Ghana up the global tax curve, risking stalled projects and job losses. The warning follows government plans to double royalties and introduce long-term investment stability agreements amid rising gold prices.

Thami Ngubeni spoke to Dr Kenneth Ashigbey, Chief Executive Officer (CEO) of the Ghana Chamber of Mines.

Ghana's Chamber of Mines warns that proposed tax and royalty changes could deter investment and slow mining output.
While supporting a sliding‑scale royalty system that boosts state revenue at higher gold prices, the chamber says the current plan would push Ghana up the global tax curve, risking stalled projects and job losses. The warning follows government plans to double royalties and introduce long-term investment stability agreements amid rising gold prices.
Thami Ngubeni spoke to Dr Kenneth Ashigbey, Chief Executive Officer (CEO) of the Ghana Chamber of Mines.

South Africa's construction industry grapples with late or non-payment of subcontractors by contractors and client

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