Category Archives: Economy

21Jan/25

PwC 2025 Global CEO Survey: Optimism and Reinvention

Jan. 21, 2025 /Mpelembe Media/ — PwC’s 2025 Global CEO Survey reveals widespread optimism regarding global economic growth, with nearly 60% of CEOs anticipating increased growth and many planning headcount expansion. Despite this optimism, macroeconomic volatility and inflation remain significant concerns. Continue reading

Africa’s Unfinished Revolution

Jan. 6, 2025 /Mpelembe Media/ — Africa’s widening economic gap despite significant social change highlights low agricultural productivity, hindered by factors like low technology adoption and underutilisation of land. The article also discusses the limitations of African manufacturing, focusing on low-productivity sectors and a lack of global competitiveness. Continue reading

06Jan/25

Understanding the unique characteristics and needs of Generation Alpha

Jan. 6, 2025 /Mpelembe Media/ — This white paper by McCrindle Research profiles Generation Alpha (born 2010-2024), highlighting their characteristics as the largest generation in history, shaped by ubiquitous technology from birth. The authors, leading social researchers, explore Alpha’s influence on consumer trends, education, and the future of work, predicting longer lifespans, later career starts, and a greater focus on wellbeing. Continue reading

31Dec/24

Sinopec Releases First Sustainable Development Report in Algeria

China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has officially released the first sustainability report, Sustainability Report on Serving the Construction of the Belt and Road – Sinopec in Algeria, on December 27 in Algiers. This is the first sustainability report published by a Chinese company in Algeria, detailing Sinopec’s achievement in fulfilling economic, safety, environmental, and social responsibilities in the region and advancing the vision of New Algeria. Continue reading

05Dec/24

TURBULENCE AHEAD: AI REVOLUTION, PROTECTIONISM, TARIFFS, TRADE BARRIERS, AND SUSTAINABILITY TO RESHAPE GLOBAL PROCUREMENT AND SUPPLY CHAINS

GEP®, a leading provider of AI-driven procurement and supply chain software and services to Fortune 500 and Global 2000 enterprises worldwide, has unveiled its much-anticipated Outlook 2025: Procurement & Supply Chain report. This comprehensive report identifies six driving forces that will shape procurement and supply chains in 2025, providing actionable guidance to help leaders adapt, thrive, and build resilience in an era of rapid transformation. Continue reading

04Dec/24

Global economic study shows human creators’ future at risk from generative AI

The first ever global study measuring the economic impact of AI in the music and audiovisual sectors calculates that Generative AI will enrich tech companies while substantially jeopardising the income of human creators in the next five years. Continue reading

25Oct/24

BRICS creates new opportunities for Africa

At the ongoing BRICS Summit in Kazan, Russia, the leaders of BRICS member states are focusing on strengthening strategic partnerships and enhancing the grouping’s role in international affairs. Continue reading

22Oct/24

European Shoppers Pull Back on Spending, Even as Inflationary Pressures Ease

Consumers across Europe are feeling the squeeze, with 73% reporting higher prices for goods and services in the first half of the year. At the same time, wages and savings haven’t kept pace: 25% of surveyed respondents said their income dropped in the first half of 2024, and 28% said they didn’t save as much. Continue reading

14Oct/24

Global Businesses Lose $1.75 Trillion from Untapped Economic Potential of ‘Third Largest Nation’

Today, on World Inclusion Day, global full-cycle verification platform Sumsub reveals that a staggering 627 million individuals globally, larger than the population of the United States and Brazil combined, are excluded from essential digital services, including financial services, education, healthcare, and employment platforms. Continue reading