Global Economy
Supply chains
US blockade of Iran ports deepens global oil uncertainty after Hormuz standoff
US blockade of Iranian ports raises risks for oil supply, fertilisers and global trade flows
Middle East war
The Middle East war is hurting Africa. Here is how the continent fights back
As the Middle East war pushes African currencies lower and borrowing costs higher, a Pretoria scholar sets out how the continent must respond
The G20 must end the cost-of-capital penalty imposed on Africa
Africa's cost of capital crisis is not rooted in economics alone, but is perpetuated by perception and precedent, as well as the structural inertia of a global financial system that systematically overprices African risk
Africa’s debt crisis demands more than G20 declarations
African nations are trapped: spending more on debt servicing than on health or education, whilst climate shocks compound their struggles. South Africa's G20 tenure has highlighted the crisis, but substantive solutions remain elusive
Growth in sub-Saharan Africa set to strengthen as other regions struggle with the impact of US trade barriers
Sub-Saharan Africa is one of two regions expected to strengthen their economies this year, despite the fact that most of the world is set to experience its slowest pace of growth since 2008
Africa’s debt crisis demands a bold new approach
Africa cannot rely on the global community to provide adequate funding or debt relief to address its development needs and crises, such as pandemics or extreme weather events
The conceptual roots of the debt crisis in the Global South
Growing debt crisis in the Global South largely the result of a flawed multilateral system, and also reflects inadequacies of the dominant analytical and policy frameworks
African ideas for reforming global institutions by far the best
Africans bear the brunt of the failings of global institutions; they are therefore strong advocates for global governance and financial reform, and for new, bold, sustainable investments
India’s Covid crisis is bad news for the world economy
India’s second coronavirus wave has had a devastating impact, with over 300,000 new cases and 3,000 deaths each dayMore Global Economy
2 December 2018
It’s time Africa played a greater role in the G20
Rather than including Africa in wider discussions about global trade architecture, climate change, and the future of work, the G20 has largely limited its engagement with the continent to addressing narrower development issues
30 January 2018
Top job for South African gives African countries sway at the IMF
South Africa’s Reserve Bank Governor, Lesetja Kganyago, has been selected as the first sub-Saharan African to serve as chair of the International Monetary and Finance Committee