African Economies: Rmb’s 2020 Where To Invest In Africa Report

Loading player...
Gugu talks to Daniel Kavishe Economist For Sub-Saharan Africa At Rmb about RMB Global Markets Research is proud to present its ninth edition of Where to Invest in Africa, which analyses 54 African economies according to their investment attractiveness.
The focus is on South Africa’s position and the reasons for it. The release provided the top 10 rankings.
- Major indicators for the top ten economies are resources, manufacturing, real estate and construction, ICT, retail, banking and finance.
- Economic fundamentals, ease of doing business and the attractiveness of doing business enabled countries in the top 10 position to score better than other states.

THE REPORT
-In the top 10 is a blend of West, East and Northern African countries with South Africa emerging as the only southern country. Morocco overtakes South Africa in the RMB investment attractiveness rankings. Meanwhile, Ghana remains one of the top 10 attractive investment destinations in Africa.
-South Africa, Ethiopia and Tanzania were among the prominent countries to have taken a tumble
- Tanzania’s fall from grace had reshuffled the top 10 investment destinations. Tunisia returned to the fold at number 10, while Ivory Coast and Ghana edged closer to the top five. Morocco displaced South Africa, rising to second place.
-The top destination was Egypt. The big size of the market and a sophisticated business sector relative to other countries made it the most attractive investment destination in Africa.
10 Feb 2020 11AM English South Africa Business News · Investing

Other recent episodes

Why your CV isn’t landing interviews and how to fix it

On today’s Career Feature, we’re getting back to basics. We’re looking at how job seekers can make sure their CVs are actually working for them, how to avoid common mistakes that could be costing them opportunities, and what it really takes to stand out in an increasingly competitive job market…
26 Jan 2PM 21 min

South Africa’s sugar industry faces import pressures

SA Canegrowers will participate constructively in the newly gazetted International Trade Administration Commission of South Africa (ITAC) sugar tariff review process, with the expectation that full and proper regard is given to the risk facing rural jobs and livelihoods. Were there to be a collapse in domestic sugar production as…
26 Jan 2PM 14 min

Blockchain meets wealth creation with South Africa’s new stablecoin

Super Money SA (Pty) Ltd recently announced the launch of ZAR Supercoin, a new stablecoin purpose-built for South Africa and the wider African market. ZAR Supercoin combines the speed and accessibility of blockchain technology with the trust and oversight of regulated finance. Warren Ross, Managing Director of Super Money SA…
26 Jan 2PM 15 min

Gold climbed to a fresh all-time high, crossing $5,100

Gold climbed to a fresh all-time high, crossing $5,100 an ounce on Monday and extending its record-breaking run as investors seek the safety of the yellow metal amid rising geopolitical tensions and global fiscal risks. Andre Cilliers, Currency Strategist at Treasuryone helps listeners understand the impact of this on businesses,…
26 Jan 2PM 15 min

MISA welcomes Chery investment in Nissan’s historic Rosslyn plant

The Motor Industry Staff Association (MISA) has welcomed Chery’s acquisition of Nissan’s historic Rosslyn plant in Pretoria, calling it a positive step for job retention and the broader automotive sector. The union emphasised that local manufacturing and assembly of Chinese vehicles are vital for sustaining employment, supporting supplier networks, and…
26 Jan 2PM 22 min