Tag: Economy
The African Development Bank (AAA) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies.
The Fight Covid-19 Social bond, with a...
Facing the Covid-19 outbreak, the world is fighting a pandemic of unprecedented proportions in modern times, currently causing a full-blown health emergency.
The cosignatories point out that the COVID-19 outbreak is causing complete interruptions of the supply of parts and...
Between colonial intervention and a weak regulatory framework, mining in Zimbabwe has struggled to live up to its potential.
With the government cracking down on undeveloped licenses, and aiming to force companies to “use it or lose it”, we consider...
South Africa has a modern and well-developed transport infrastructure.
The air and rail networks are the largest on the continent, and the roads are in good condition. The country’s ports provide a natural stopover for shipping to and from Europe,...
Among the key sectors that keep South Africa’s economic engine running are manufacturing, wholesale and retail trade, financial services, transport, mining, agriculture and tourism.
South Africa’s economy has been traditionally rooted in the primary sectors – the result of a...
Construction on a vital second river crossing between Victoria and New South Wales is a step closer, following the awarding of the contract to McConnell Dowell Constructors (Australia).
Stage 3 of the project includes new bridges over the Murray and...
Caterpillar Inc. announces new updates to the PM310, PM312 and PM313 Cold Planers. The PM300 Series is ideal for small-to-medium job sites where compact dimensions, optimum maneuverability and high production capabilities are required. Wheel or track undercarriage designs are...
Yanmar Holdings has announced Yanmar’s entry into a definitive agreement to acquire compact equipment manufacturer ASV Holdings Inc. (“ASV”), a designer and manufacturer of renowned compact tracked loaders (“CTLs”) and skid-steer loaders (“SSLs”). Yanmar is to acquire ASV through...