June 30, 2020 By George Ferreira, Senior Sales Director: Applications at Oracle South Africa and SADC The recent months have likely been the biggest challenge for all organisations across the continent. With almost no warning, millions of businesses – indiscriminate of size or stature – suddenly went from operating as […]
OPINION/EDITORIAL
F&D: Remittances to Fall by $100 Billion in 2020
June 30, 2020/IMF F&D COVID-19 is crippling the economies of rich and poor countries alike. Yet for many low-income and fragile states, the economic shock will be magnified by the loss of remittances. In a new article for F&D, the IMF’s Antoinette Sayeh and Ralph Chami dig deeper into how the pandemic […]
Doubts over the global recovery
June 29, 2020/Coronation Weekly The International Monetary Fund (IMF) recently revised downwards its estimates of global economic activity. The global economy is now forecast to contract by 4.9% this year, with Nigeria due to shrink by 5.4%. Global equity markets were already nervous in June, giving up some recent gains. […]
