OPINION: Africa slowing to weakest pace in over 20 years

Maarten_Ackerman2

Africa is one of the fastest-growing regions in the world but this may change. Maarten Ackerman of Citadel comments on the African economy.

COVER: Construction companies to adapt to a new normal

This article originally appeared in the 17 April - 23 April 2015 edition of Finweek. Click on the image above to download.

Times couldn’t be tougher for South Africa’s construction sector. Members of the JSE’s heavy construction index have performed poorly and many companies had to cut their workforce. Finweek contributor Larry Claasen looks at the different factors contributing to the slump and how companies are adapting to survive.

NEWS: Freehold property title conversions for Ngwathe residents

Local South Africa

The Khaya Lam Land Reform project delivered property ownership to 159 Ngwathe, Free State, families previously deprived of ownership rights by apartheid.

INSIGHT: New BBBEE Codes to benefit mid-sized businesses

Power

The new BBBEE Codes present mid-sized businesses a golden opportunity to grow business and the South African economy.

NEWS: Retailers coining it despite sluggish economy

Shopping

Despite the low level of economic growth at 2%, retailers of durable items are doing surprisingly well. Finweek contributor Shoks Mzolo speaks to experts who explain the phenomenon behind the retail industry’s consistent performance.

INVESTMENT: Once forbidden frontiers

Investing offshore

Investment in frontier markets comes with a higher degree of volatility than established markets. however frontier markets provide exciting potential, according to Mark Mobius of Templeton Emerging Markets Group. Some small, agrarian economies have transformed themselves into global powers.

Market Snippet: 8 April 2015

Mabyanine Phiri

South Africa’s power crisis is paralyzing economic growth. The economy could have been 10% bigger if power demand was met. Read more in the Market Snippet.

INSIGHT: Economic conditions impact SMEs

Over worked

Poor economic conditions impact confidence levels of South Africa’s SMEs. Slow economic growth, rand volatility and load shedding, impacting business owners’ confidence levels, according to Ben Bierman of Business Partners Limited.

MARKET SNIPPET: 30 March 2015

Mabyanine Phiri

South Africa may face a risk of strikes as government and unions fail to reach an agreement in wage negotiations. More in the Market Snippet.

INSIGHT: Sundry problems plague Africa’s powerhouse

Ngozi Okonjo-Iweala, Nigeria's finance minister.

Nigeria, Africa’s biggest economy is facing multiple challenges due to the fall in oil price, writes Dianna Games, CEO of business advisory Africa@Work. Finance minister Ngozi okonjo-Iweala has to make ends meet with dwindling funds.