Market News

 President Jacob Zuma is, this month, October 2014, prioritising the economy and local government. In his State of the Nation address delivered in June 2014, Zuma said the economy would take centre stage this term and announced a target of 5% growth by 2019. He also announced that local govern . . .

 The designation of special economic zones (SEZs) will support a broader-based industrialisation growth path in South Africa, while helping the country achieve the objectives of the National Development Plan (NDP), says Trade and Industry Minister Rob Davies. Speaking at the tabling of the Spe . . .

 The Dube TradePort in the South African port city of Durban is now officially an Industrial Development Zone (IDZ), joining three other similar economic zones spread out across the country. President Jacob Zuma on Tuesday, 7 October, handed over an IDZ operator licence to the Dube TradePort C . . .

 India aims to boost investment in industrial, economic and social sectors of Africa as the 54-nation continent tries to ramp up development to alleviate poverty, the UN General Assembly was told Friday. "Scaled-up investments in infrastructure, both economic and social, as well as in producti . . .

 Fundraising by Africa-focused private equity has rebounded after the global financial crisis, buoyed by support from the international development finance institutions. Now, the industry hopes to unlock billions of dollars held in African pension funds to dramatically increase the resources av . . .