Page 3 - Jeff Gable News Today

It is often debated whether the reported existing trade finance gap, which over the last 3 years has oscillated between $100 billion and $120 billion, will diminish or whether the nature of illiquid, growth-focused, emerging market economies means that the gap will never truly close.

Jeff Gable of Absa explains how African markets are adopting new trends to get future-ready.

The score, however, ranks Uganda in fifth position among 23 Africa countries, which was an improvement from the tenth positions last year

In terms of architecture, enabling legislation, products and depth, Sub-saharan African (SSA) capital markets are, at best, ‘a work in progress’.

The 2021 Africa Financial Markets Index shows that other African countries are pulling all stops to help ordinary consumers trade on their exchanges.

Gable was speaking at a Ford SA industry update breakfast on Tuesday at which the motor manufacturer reaffirmed its commitment to supporting the national government’s Covid-19 initiatives, by donating R2.5 million to help fund the enhancement of the national Occupational Health Surveillance System (OHSS). The OHSS, a programme implemented by the National Institute for Occupational Health (NIOH), monitors workers in the public and private sectors using data supplied by employers on Covid-19...

SA economy could take four years to recover from Covid-19 MoneyWeb Picture: iStock Load shedding and job losses at the heart of the South African Economy need four years to recover from the Covid-19 pandemic. The South African economy will take three to four years to get back to where it was before the Covid-19 pandemic, according to Absa chief economist and head of research Jeff Gable. This is a very different outlook to the global financial crisis in 2008/09, when it took the economy only...