Biashara Services & Products Africa (BiSPA) Virtual Conference 2020
09 & 10 December 2020
Kristalina Georgieva and Abebe Aemro Selassie outline how to make our Sub Saharan Africa region more resilient to withstand future shocks. Perhaps first among the many lessons of 2020 is that the notion of so‑called black swan events is not some remote worry. These purportedly once‑in‑a‑generation events are occurring with increasing frequency. Kristalina Georgieva and …
Reimagining and rebuilding economies for the future The Black Death that ravaged Europe in the 14th Century reduced the population by over 30% and signalled the death of the Feudal System, but also the growth of a new socio-economic and political reality. The feudal structures and systems in every sphere of life were completely incapable …
By Namatirai Zinyohwera The unification of Africa has rapidly evolved from the noble dreams of Kwame Nkrumah, into an institutionalised vehicle of transformation, across the continent. The end of colonialism heralded not only the end of an era, but the beginning of another – an era in which a brave new continent could start its …
Restrictions on the movement of people are also having a punishing impact on jobs and firms — despite teleconferencing. The decline in global goods trade is casting a shadow over a quick global recovery. The barriers for jet-setting workers that sprung up with the outbreak of the coronavirus pandemic have tended to remain in place, …
A contraction in global trade in services caused by the current pandemic is showing signs of bottoming out, the World Trade Organization (WTO) said yesterday as its trade barometer index fell to a record low. The WTO’s trade barometer for services, is published twice a year, fell to 95.6 points from the 96.8 reading reported …
Devastating economic impact of the pandemic in the US is pushing increasing numbers of young people to move back in with their parents. Recently released Pew Research Center analysis found that 52% of Americans aged between 18 – 29 now live with a parent, the highest share recorded since the Great Depression era. That figure …
South Africa’s quarterly GDP numbers released by StatsSA showed, as expected, it was a bloodbath. Steep slump in GDP as COVID-19 takes its toll on the economy. SA economy contracted by 51% in Q2 2020, measured annually. According to the report, the primary sector declined by 59%. Agriculture was the only positive contributor, increasing by …
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