Daily Archives: October 3, 2015
Offering a stable economy, modern infrastructure, key transport corridors and a range of investment incentives, Namibia is actively seeking investment and partnerships with South African business.
The tourism sector as part of globalization phenomenon increased spatial linkages between places and people from different locations. This global closeness enabled African countries to increase their revenues, foreign currency earnings, tourism facilities and services meeting international standards.
For Ethiopia, tourism sits at the core of the economy, acting as an engine for job creation and economic growth. In support of this, the growing hotel construction promoted visitation, maximizing encouraging interest in both business and leisure travel.
The first in Sub Saharan Africa, Ethiopia’s electrified modern urban train made history joining the few African capitals with urban train facilities. The $475 Million worth environment friendly light railway transport will start service on Sunday September 20, 2015 charging the lowest fare of 2 Birr per 4km.
The EcoMobility World Festival, taking place from 1-31 October in Johannesburg, will present a real-world vision of integrated, socially inclusive, and environmentally friendly mobility.
The IMF’s Africa Regional Technical Assistance Center South (AFRITAC South), in collaboration with the Africa Training Institute, held a seminar on “Strengthening Fiscal Frameworks and Public Financial Management Systems for Managing Natural Resource Wealth” on September 21–25, 2015 in Mauritius.
An International Monetary Fund (IMF) team led by Jiro Honda visited the Kingdom of Swaziland during September 17‒30, 2015 to conduct the 2015 Article IV consultation with Swaziland.
Zimbabwe’s economic and financial conditions remain. Growth has slowed, unemployment is rising and economic activity is increasingly shifting to the informal sector. The external position remains precarious. In light of their arrears to creditors, low commodity prices, and an appreciating U.S. dollar, external inflows remain highly constrained, the levels of international reserves very low, and the country is in debt distress. Risks to the outlook stem mainly from fiscal challenges, weak global commodity prices, adverse weather conditions, and policy implementation in a difficult political environment. However, further advancing the ongoing reforms and reengaging with the international community could reopen Zimbabwe’s access to financial support and lift the economic outlook. The Zimbabwean authorities remain committed to implementing sound macroeconomic and structural policies.
Orange Business Services has launched an innovative enterprise social network called Business Together Sharespace. Available worldwide to companies with more than 500 users, the solution promotes the development of cross-functional business collaboration by sharing knowledge, promoting skills and boosting employee engagement. Business Together Sharespace has been developed in partnership with Jive, a global market leader in enterprise social networking – and has been extensively tested within Orange and selected customers.