Our website use cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies.

Ok, I Agree
Jan
23
2024
By CONRAD ONYANGO, BIRD STORY AGENCY
Davos: Global economists see bright spots in Africa growth prospects

Davos: Global economists see bright spots in Africa growth prospects

NEWS
TOP economists agree that Africa's economic prospects for 2024 are positive, as small countries sparkle in the face of sluggish global growth projections. Chief economists from the World Economic Forum, World Bank and United Nations project Africa’s economy will defy the impacts of weak investments, debt crises, inflation, tight financial conditions and extreme weather patterns to record an improvement over 2023. A strong majority (65%) of World Economic Forum Chief Economists expect most of the continent to record at least moderate growth, according to the World Economic Forum Chief Economists Outlook 2024. This comes against a background in which 56%…
Read More
Jan
17
2023
By The African Mirror
Energy crisis forces SA president to skip World Economic Forum

Energy crisis forces SA president to skip World Economic Forum

NEWS
SOUTH African President Cyril Ramaphosa will no longer attend the World Economic Forum (WEF) in Davos due to the ongoing energy crisis in the country, his spokesman said. Power cuts have worsened since Tuesday when struggling state utility Eskom said it would implement its worst-ever outages until further notice. The power cuts are a major source of public frustration with the governing African National Congress (ANC) and a brake on economic growth in Africa's most industrialised nation. "Currently the President is convening a meeting with leaders of political parties represented in parliament, NECCOM (National Energy Crisis Committee) and the Eskom board," Vincent…
Read More
Jan
30
2021
By The African Mirror
Davos 2021: Billionaires, big tech and vaccines top the WEF agenda

Davos 2021: Billionaires, big tech and vaccines top the WEF agenda

WORLD
LIN TAYLOR THE World Economic Forum's gathering of global political and business elites in Davos, Switzerland took place online this year because of COVID-19 and was covered less avidly than usual by the media. But, through its digital platform, the forum's organisers laid out an agenda more ambitious than usual, invoking the need for a “great reset” around the world in the wake of the pandemic. What does the reset look like? Here are key talking points you may have missed: Billionaires benefit The economic toll of the coronavirus pandemic lent a new urgency to this year's WEF conference. At…
Read More
Jan
26
2021
By The African Mirror
China’s Xi calls for greater role for G20 in economic governance

China’s Xi calls for greater role for G20 in economic governance

WORLD
CHINA’S President Xi Jinping has called on the world to strengthen macro-economic policy coordination and bolster the role of the G20 in global economic governance as he pointed to a "rather shaky" recovery from the coronavirus pandemic. Speaking at a virtual meeting of the World Economic Forum - a gathering usually held in a Swiss ski resort - Xi said the global economic outlook remained uncertain and public health emergencies "may very well recur" in future. Xi, making his first appearance at the forum since his vigorous defence of free trade and globalisation in an address in Davos in 2017,…
Read More
Facebook
Twitter
Linkedin
Instagram