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The International Monetary Fund revises its 2023 global economic growth forecast slightly upwards, including for South Africa

What difference a few months makes. In October last year, the International Monetary Fund cut its forecast for global economic growth to 2.7% from 2.9% and warned of an imminent recession. After a few weeks, he said things were looking “much darker”. Read more at The Daily Maverick: IMF’s global growth outlook worsens from ‘bleak’ … Read more

The CAF Champions League draw is favorable with Al-Ahly and Mamelodi Sundowns

Mamelodi Sundowns coach Rolani Mokoena. (Photo by Lee Warren/Gallow Images) African club giants Al-Ahly and Mamelodi Sundowns will not face much difficulty in reaching the group stage of the African Champions League after they obtained a positive qualifying draw. The Cairo Red Devils, winners of the premier continental competition 11 times, will launch their title … Read more

Women should be “part of the procurement value chain” – ANCWL

Sissy Tulash is the new president of ANCWL. Ziad Douglas / Gallo Images Sissy Tulash said the ANCWL’s 13th conference was a success. Nokuthula Nqaba said the call for 40% of purchases was an issue that needed to be addressed. Additional leader in ANCWL is Bimi Magodina. The African National Congress Women’s League (ANCWL) has … Read more

The competition watchdog approves SAA and Takatso’s deal – but bans minority shareholders, and cuts costs

The competition tribunal approved Takatso Aviation’s proposed acquisition of a 51% stake in South African Airways, but gave conditions – including a moratorium on reductions, as well as the sale of the stake held by minority shareholders. In a brief statement, the court said it would issue reasons for its decision “in due course” to … Read more