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Tag Archives: economy

S.Africa in ‘new era’, likely next president tells Davos

Davos, Switzerland | AFP | South Africa’s likely next president promised pro-business reforms and tough justice for those guilty of state corruption, as he wooed investors on Thursday at the World Economic Forum in Switzerland. Cyril Ramaphosa, who could replace Jacob Zuma as president within weeks, told investors in Davos …

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Macron tells Davos elite: ‘France is back’

Davos, Switzerland | AFP | French President Emmanuel Macron told the world’s business elite in Davos on Wednesday that France was back as a European powerhouse under his reformist government. “France is back at the core of Europe,” Macron said in English in a highly anticipated speech, before switching to French …

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GLOBAL COMMENT: Good times at last?

People are increasingly acknowledging that the global economy is stronger than they thought COMMENT | JIM O’NEILL | In February 2017, I wrote an optimistic commentary called “The Global Economy’s Surprising Resilience.” The piece came as a surprise to those who saw only bleak prospects for Western countries, not least the …

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Liberia’s youth betting on Weah economic miracle

Monrovia, Liberia | AFP | New President George Weah is nothing less than revered among Liberia’s youth, who view his rise from the slums to stellar success in European football as proof he can also turn around their fragile economy. In his inaugural address on Monday, Weah thanked young voters …

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Donald Trump to meet Kagame, Netanyahu and May in Davos

Washington, United States | AFP |  US President Donald Trump is set to meet with the British and Israeli prime ministers, Theresa May and Benjamin Netanyahu, as well as Rwandan President Paul Kagame in Davos later this week, the White House said Tuesday. Trump will meet May Thursday to address the Syria conflict, Iran’s “destabilizing” …

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Trump wins Davos raves for ‘landmark’ tax cut

Davos, Switzerland | AFP | Instead of a chilly reception from globalisation’s defenders, US President Donald Trump may find a warm welcome in the posh ski resort of Davos, from global executives delighted with his controversial tax reform. The annual World Economic Forum in the snow-bound Swiss resort is a …

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Five things George Weah has promised Liberians

Monrovia, Liberia | AFP | Former football star George Weah promised to tackle Liberia’s economic and social problems as he was sworn in on Monday in the first democratic transfer of power for more than 70 years. Here are five things he has pledged to do since his election: – Tackle …

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Macron hosts 140 CEOs in pre-Davos charm offensive

Paris, France | AFP | President Emmanuel Macron’s campaign for a “French Renaissance” kicks into overdrive Monday as he welcomes 140 multinational business leaders before this week’s jamboree of the rich and powerful in Davos. The business-friendly president will host executives at the grand Versailles chateau near Paris for an …

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S.Africa’s ANC vows change as Zuma exit looms

Johannesburg, South Africa | AFP | South Africa’s ruling ANC party said Saturday it would “act decisively” to rebuild its reputation, as local media reported that President Jacob Zuma could soon be forced from office. Zuma has been under growing pressure to resign since he was replaced as head of …

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