Govt Targets Tourism and Natural Treasures to Boost Growth "Key tourism factors such as easy and fast growing air access, personal safety and local hospitality, rapid economic growth and, above all, fascinating discoveries to be made bode very well for rapid tourism growth," Mike Fabricius of the South African ... Read more on Inter Press Service Tanzania: … [Read more...] about Govt Targets Tourism and Natural Treasures to Boost Growth
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Why Kampala holds single biggest growth opportunity for Uganda | The Conversation
Traffic jams in major African cities such as Lagos, pictured here, as well as Uganda's Kampala, are a major drain on productivity. Reuters/Akintunde AkinleyeUganda’s economy has been growing steadily over the past decade. Like many other developing countries, its growth has benefited from a confluence of external events, including a sustained increase in commodity prices … [Read more...] about Why Kampala holds single biggest growth opportunity for Uganda | The Conversation
Sales growth slump dents retailer confidence
Results from the latest EY/Bureau for Economic Research (BER) Retail Survey signal a substantial deterioration in trading conditions in the retail sector during the third quarter of 2015. The majority of the retailers surveyed by the BER in all three sub-categories – durable goods, non-durable goods and semi-durable goods – reported a marked slowdown in […] … [Read more...] about Sales growth slump dents retailer confidence
Growth in tourism, food and beverages industry
While the tourism and food and beverages industries have seen an increase in income year-on-year (y/y), the volume of goods transported has decreased, according to statistics released on Monday. Tourism boost Statistics SA (Stats SA) said total income in nominal terms for the tourist accommodation industry rose by 7.2% in April 2015 compared with April […] The post Growth … [Read more...] about Growth in tourism, food and beverages industry
Africa’s growth slows as leading economies face headwinds
Power outages and prices have hobbled South Africa, leading to protests such as those in Johannesburg earlier in May. Power outages and prices have hobbled South Africa, leading to protests such as those in Johannesburg earlier in May. After a decade of impressive growth, Africa is now facing the burden of stagnation in its two biggest economies, dragged down by everything from … [Read more...] about Africa’s growth slows as leading economies face headwinds