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[IN CONVERSATION] South Africa’s economic outlook shows renewed promise, supported by improving infrastructure and a more reliable electricity supply, CNBC Africa reports. Goolam Ballim, Group Chief Economist at Standard Bank, says easing inflation, accommodative monetary policy, and growing Middle East capital inflows are strengthening the economy while deepening regional trade across East Africa. He cautions that commodity windfalls should fund long-term infrastructure and highlights policy ce
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The current situation in Johannesburg, Gauteng. The economic hub of South Africa, the largest industrial city in Africa... It is not only the largest city in Africa but also one of the largest urban agglomerations in the world. Johannesburg generates 16 percent of South Africa's GDP and employs 12 percent of the national workforce, making it the most powerful commercial centre on the African continent. HOWEVER The city led by the ANC Mayor Dada Morero cannot provide basic services and water and
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