Following the recent 0.5 percentage point reduction in the US Federal Reserve’s interest rate, global financial markets are reacting. While the move primarily affects American borrowers and savers, its effects are expected to ripple into the UK, particularly within London’s property market. Walter Soriano London Management (WSLM) examines the potential impacts on property landlords and investors in London’s rental sector. Continue reading
Category Archives: Economy
‘It is crucial to tell the real China-Africa story’
The 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) is being held in Beijing from September 4 to 6. It takes place at a critical juncture when the world is grappling with various regional and global crises and there is a pressing need for countries from the Global South to join hands. How will this year’s FOCAC elevate ties between China and Africa? Continue reading
ELFBAR actions against counterfeits in South Africa
Global leading vape brand ELFBAR reinforces its firm stance against counterfeits, with some 3,600 fake and substandard vapes seized in the latest operation with enforcement authorities in South Africa.
How is BRICS (Brazil, Russia,India,China,South Africa) bloc doing so far?
June 4, 2024 /Economy/ — The BRICS bloc has been in the news recently due to a significant development: it doubled its membership in January 2024. Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates were all invited to join Atlantic Council. This expansion has the potential to reshape the bloc’s influence, but it also comes with challenges. Continue reading
THE FUTURE OF GLOBAL TRADE IS BEING REGIONALISED, RESTRUCTURED, AND REROUTED, DMCC REPORT FINDS
AFTER FOUR YEARS OF WILD SWINGS FROM SHORTAGES TO GLUT, GLOBAL SUPPLY CHAINS ARE NOW IN THE GOLDILOCKS ZONE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
The GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs based on a monthly survey of 27,000 businesses — rose in April to -0.18, from -0.32 in March, which signals that global supply chains are operating at close to full capacity. Continue reading
The Ghana Used Clothing Dealers Association research shows that waste within the Ghanaian second hand clothes trade dramatically lower than claimed
New academic research released today from the West African country of Ghana shows that waste in the second hand clothes sector (SHC) is dramatically lower than has been previously claimed. Continue reading
Spring Budget 2024 speech
Spring Budget 2024 speech as delivered by Chancellor Jeremy Hunt. Continue reading
Nigerians born in the UK are dominating the African landscape in business and sports
– Nigerians born in the UK, often referred to as British Nigerians, have achieved notable success in various fields across Africa, particularly in business and sports. There are several factors that might contribute to this phenomenon: Continue reading
Beyond the Minerals: Uncovering the Vibrant Tapestry of DR Congo and Zambia
Sept. 15, 2023 /Economy/ — While the Democratic Republic of Congo (DRC) and Zambia are indeed known for their mineral wealth, particularly copper and cobalt, their identities extend far beyond these resources. Let’s dive deeper into the rich tapestry of these fascinating African nations: Continue reading