Vol 47 No 24 | SOUTH AFRICAECONOMY Powering up 1st December 2006 Overseas investment in aluminium helps the Eastern Cape and requires more investment in power Alcan is to build a US$2.7 billion smelter at the Coega Industrial Development Zone (IDZ) in South Africa's Eastern Cape. This could salvage the Zone's faltering fortunes -...
Vol 47 No 24 | SOUTH AFRICAECONOMY Forget the politics, say advisors 1st December 2006 An overpriced rand and government protectionism block foreign direct investment and economic growth. That is the view of a team of Harvard University economists, who are advising the...
Vol 47 No 17 | ZIMBABWEECONOMY Zapping the zeroes 25th August 2006 Despite a chaotic currency change, its architect Gideon Gono remains the President's close ally Reserve Bank Governor Gideon Gono has decided to slash three zeroes from the amount printed on currency notes and issue new notes in a bid to tackle the...