Economy & Markets

Why Africa Still Struggles to Trade With Itself Despite AfCFTA

Africa has spent years building an ambitious continental free trade system. The bigger challenge now is making that system work for businesses trying to move goods, services and money across African borders. A new World Bank report says Africa’s next major economic gains will depend less on signing additional trade agreements and more on removing […]

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South Africa’s Private Sector Growth Edges Higher as New Orders Rise

South Africa’s private sector recorded another month of modest growth in August, supported by an increase in new orders and stronger business activity, according to a new survey released on Thursday. The S&P Global South Africa Purchasing Managers’ Index, or PMI, rose to 50.5 in August from 50.3 in July. A PMI reading above 50

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