UK inflation data and New Zealand rate hike remind investors that global economy still faces many challenges
But could it be that in the event of a hot war, keeping the Cape sea route open might still be important to the West?
‘Nuggets’, ‘biltong’, ‘sausages’, ‘meatballs’, ‘patties’ and ‘burgers’ are deemed as terms for meat only
The governing party is discussing whether those criminally convicted of a serious crime should still have a home in the ANC
Tech company wants to make more products outside China
This is the steepest fall in retail activity since January 2021, showing the effects of higher inflation and interest rates
The claim by Sars that it costs the country R31bn is wrong — the real cost is about R4bn a year
Vast probe into banking irregularities targets former mayor, now chancellor, for questioning
World cricket is on a precipice and Test cricket must be allowed to survive in order to embed the basic principles of the game
German traffic police are investigating the cause of the incident, which police say involved an autonomous vehicle
Migration into and within Africa could boost economic growth and productivity and, if properly managed, could lead to a substantial increase in GDP per capita by 2030, says the UN.
The UN Conference on Trade and Development’s (UNCTAD’s) 2018 Economic Development in Africa Report: Migration for Structural Transformation found that although 17-million Africans left Africa in 2017, about 5.5-million others emigrated into it.
This influx, as well as the movement of 19-million mostly young Africans within the continent, had positive benefits for both the source and destination countries. The report estimates that global migration could boost Africa’s GDP per capita from $2,008 in 2016 to $3,249 in 2030, at an annual growth rate of 3.5%. In 2017, the top five intra-African migration destinations were SA, Ivory Coast, Uganda, Nigeria and Ethiopia.
All five countries received more than 1-million migrants.
But the report estimates that far from being a drain on the host countries’ resources,...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email email@example.com or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.