Mines nationalisation not SA policy - Zuma-continued

February 10, 2012--President Jacob Zuma squashed more than two years of talk on Friday about the nationalisation of South Africa's massive mining sector, saying state control or ownership of the mines in the world's biggest platinum producer could not work.
Asked during a televised breakfast briefing if the government planned to nationalise mines, Zuma said emphatically: “We’re very clear. It is not our policy. We’ve been saying this inside the country, outside the country. It cannot be.”

“We have answered this question many times. We are very clear,” he added. “Our policy is mixed economy.”

read more

Source: FIN24

AFRICA ETP News
Investors spend N12.9m on ETPs
October 27, 2014--Investors spent N12.9m investing in the country's growing Exchange Traded Products market last week, data from the Nigerian Stock Exchange showed.
read more
IMF-Regional Economic Outlook: Sub-Saharan Africa region---Staying the Course, October, 2014
October 20, 2014--he October 2014 Regional Economic Outlook: Sub-Saharan Africa anticipates continued strong growth in much of Sub-Saharan Africa, driven by efforts to invest in infrastructure and by strong agricultural production.
read more
Africa: Growth May Exceed Five Per Cent in 2015-16, but Ebola, Terrorism and Other Risks Pose Concern
October 8, 2014--Despite weaker than expected global growth and stable or declining commodity prices, African economies continue to expand at a moderately rapid pace, with regional GDP growth projected to strengthen to 5.2 percent yearly in 2015-16 from 4.6 percent in 2014, according to the World Bank's new Africa's Pulse, a twice-yearly analysis of the issues shaping Africa's economic prospects.
read more