Tag: Commodities
Zimbabwe dollar dearth causes shortages, return of inflation
05 Oct 17 NewsZimbabwe’s money shortage has seen card and mobile-money payments eclipse cash sales at the nation’s retailers, throttling suppliers’ stock of hard currency needed to put goo...
Zambia: 2018 Budget Address
02 Oct 17 News“Accelerating fiscal fitness for sustained inclusive growth, without leaving anyone behind”
Budget Address delivered by the Minister of Finance, Hon. Felix C. Mutati, to ...
United Nations urges end to austerity, calls for ambition to rebalance global economy and achieve prosperity for all
15 Sep 17 NewsThe global economy appears stuck on its path to recovery. A new UNCTAD report, the Trade and Development Report, 2017: Beyond Austerity – Towards a Global New Deal, sets out...
Cement wars: How Dangote price cuts drive competitors into loss territory
13 Sep 17 NewsThe entry of Africa’s richest man, Aliko Dangote, into the cement business in Tanzania has rocked the industry in the region, with cement manufacturers looking at huge losses.
T...
Building resilience to global risks: Challenges for African Central Banks
04 Sep 17 NewsAfrican economies tend to be less integrated into the world economy than those in other emerging regions. But this does not mean that they are immune to shocks from outside the con...
Zambia ends a two-year trade deficit with a surplus in July
01 Sep 17 NewsIn July 2017, Zambia recorded a trade surplus valued at K410.6 Million from a trade deficit of K335.7 Million recorded in June 2017. This represents a 222.3 percent increase in the...
tralac’s Daily News Selection
23 Aug 17 NewsStarting today, in Maputo: Mozambique hosts Tokyo International Conference on African development
The meeting, which is taking place for the first time in Mozambique, has already ...
Chamber of Mines releases final independent report on trade misinvoicing
23 Aug 17 NewsCalls on UNCTAD to withdraw its report and acknowledge its shortcomings
The Chamber of Mines is pleased to release the third and final report in a series commissioned to examine t...
tralac’s Daily News Selection
22 Aug 17 NewsUnderway, in Durban: Third meeting of the CFTA Technical Working Groups
The objective of the meeting is to continue the work that has already been undertaken since the beginning o...
tralac’s Daily News Selection
21 Aug 17 NewsFeatured tweet, @UrugwiroVillage: President Kagame is now (Saturday) hosting AU Reforms meeting with President Conde, AU Chair Moussa Faki, as well as a few former African Heads of...
With some countries, China is in the red
21 Aug 17 NewsSupply chains and commodity needs mean China doesn’t run massive trade surpluses with everyone
China’s big trade surpluses hog all the headlines, but imbalances go both ways. ...
Financial resource curse in resource-rich countries
21 Jul 17 NewsWhy do commodity-dependent developing countries have typically lower levels of financial development than their peers?
The literature has proposed many possible explanations, but ...
Malawi: Economic Development Document
06 Jul 17 NewsMalawi faces various economic challenges including: low productivity; narrow and raw export base with high reliance on few commodities; lack of alternative energy sources; and poor...
Export controls and competitiveness in African mining and minerals processing industries
29 Jun 17 NewsThe minerals and metal sector in Africa is heavily affected by export control measures of raw materials. Export control measures are amongst the tools which governments employ with...
tralac’s Daily News Selection
21 Jun 17 NewsEvent pointers:
Southern Indian Ocean Fisheries Agreement: 4th Meeting of the Parties (23-30 June, Mauritius)
OECD Global Forum for Responsible Business Conduct (29-30 June, Pari...
New ACP policy targets transformation of agricultural commodities sector
21 Jun 17 NewsA new policy approach to commodities is expected to focus efforts by the African, Caribbean, and Pacific (ACP) Group of States Secretariat and its partners, in order to reap m...
Global growth set to strengthen to 2.7 percent as outlook brightens
05 Jun 17 NewsCommodity exporters gradually recovering from recent low prices
The World Bank forecasts that global economic growth will strengthen to 2.7 percent in 2017 as a pickup in manufact...
Africa remains world’s second-fastest growing region
25 May 17 NewsIn 2016, Africa as a whole maintained its position as the world’s second-fastest growing economies behind South Asia, according to data released during the Financial Present...
Duty to protect SA steel industry
09 May 17 NewsTrade and Industry Minister Rob Davies said on Monday he has signed off on a safeguard duty for hot rolled coil steel, but said the measure was subject to informing the World Trade...
Economic growth in Africa is on the upswing following a sharp slowdown
19 Apr 17 NewsEconomic growth in Sub-Saharan Africa is rebounding in 2017 after registering the worst decline in more than two decades in 2016, according to the new Africa’s Pulse, a...