Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

SA: Most attractive destination to do business in Sub-Saharan Africa

by | May 25, 2021

southafricaSouth Africa still remains the most attractive destination to do business in Sub-Saharan Africa despite its recent economic slowdown.

A new Africa report by auditing firm Ernst and Young has shown that two-thirds of Sub-Saharan African economies are still growing at rates above the global average.

The continent also remains the second fastest-growing region in the world for the foreseeable future. While global Foreign Direct Investments (FDI’s) fell by 5% in 2015.

The report shows that Africa was one of only two regions in the world in which there was growth in the number of FDI projects over the past year.

North African countries remain under some pressure economically, but have the advantage of a relatively business-friendly environment.

Other high-growth economies like Tanzania, Uganda and Ethiopia are were ranked in the top 10 in terms of macro-economic resilience.

(reference:http://www.sabc.co.za)

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Recent Posts

Top Hamas leader Ismail Haniyeh killed in Israeli strike in TehranTop Hamas leader Ismail Haniyeh and one of his bodyguards were killed in an attack in Tehran on Wednesday. According to a statement by Hamas, an “Israeli strike” targeted the Palestinian official, who...

List of richest countries in the world in 2024

List of richest countries in the world in 2024

India, which ranks fifth in the list of countries by Gross Domestic Product (GDP), lags far behind in the list of the world’s richest nations based on GDP per capita in 2024. Luxembourg leads this list. According to data from the International Monetary Fund (IMF),...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *