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G20 leaders pledge boost for economic recovery

G20 leaders economy boost

The Group of 20 (G20) leaders have called for more collective action to achieve strong, sustainable and balanced growth that can be universally beneficial for economic recovery. [Read more…]

Gloves are off for the global mining industry

Miners

JOHANNESBURG, South-Africa, June 4, 2015/ — 2014 was expected to be a tough fight for the global mining industry with commodity prices down and short-term volatility increasing. The initial scorecard for the largest 40 miners was mixed and now the gloves are off for the industry with widespread government intervention, internal industry conflicts and rising shareholder activism, according to PwC’s annual Mine report released today [Read more…]

Marc Walton shares success in Forex Trading

Desk Trader

Marc Walton of ForexTrainingAcademy.com has placed his resources in providing a website that looks to train the beginner, inexperienced and not so experienced Forex Traders in the art of Forex Trading. [Read more…]

Airbus delivers first A400M

a400m military aircraft

European aircraft manufacturer Airbus has delivered its first A400M military transport plane to France. [Read more…]

AEC seeks to end Japanese dominance

ASEAN Economic Community

ASEAN Economic Community

The implementation of ASEAN Economic Community (AEC) in 2015 is likely to reduce the dominance of big Japanese automakers in the region introducing a more level playing field. Smaller Japanese players such as Suzuki, Mitsubishi and Isuzu and new entrants will gain the most from the implementation of AEC, as the level playing field will make it easier to expand their presence and challenge incumbents. However, big Japanese OEMs are still likely to continue to lead the market. [Read more…]

Amplats commits to consultations

Amplats accepts consultations

Amplats accepts consultations

Pretoria – Chris Griffiths, Amplats Chief Executive Officer, has assured the North West Provincial Government delegation, led by Premier Thandi Modise, that the mine will intensify its consultation processes before it implements its business review proposals. [Read more…]

Jamaica supports BRICS-Led Developmental Bank

BRICS Development Bank

BRICS Development Bank

Pretoria – The Government of Jamaica has come up in support of the establishment of the BRICS-led Developmental Bank.

Jamaican Minister of Foreign Affairs and Foreign Trade, Senator Arnold Joseph Nicholson, told the Minister of Trade and Industry, Rob Davies during their bilateral meeting in Jamaica on Friday that a BRICS Bank was good for Jamaica and that his country was in support of it. [Read more…]

World Bank chief prioritises tackling growth

World Bank Group

World Bank Group

Washington – On his first day as president of the World Bank Group, Jim Yong Kim stressed the role of the 188-member organisation in helping address global growth risks and providing development assistance. [Read more…]

SA economic outlook modest

South Africa Reserve Bank

South Africa Reserve Bank

Pretoria – South Africa’s economic outlook remains modest, says the Reserve Bank in its Monetary Policy Review (MPR).

“The economic outlook for South Africa remains modest with a gradual recovery in domestic demand and supply expected, barring further international turbulence,” said the central bank as it released the MPR on Tuesday. [Read more…]

Modest growth predicted in 2012

The Global Economy

The Global Economy

Mexico City – Finance ministers and central bank governors of the Group of 20 (G20) nations expect modest growth this year as downside risks continue to threaten the global economy. [Read more…]