Robust growth in private investment spending could lift the economy this year, helping to counter the impact of a slowing household sector and a bleak global backdrop, economists say.
This comes after several years in which consumer spending has driven what growth there has been in the economy, while investment has declined...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.
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Sponsored Content: AFSIC 2022 – Africa’s Investment Event to showcase exceptional opportunities across the continentThe Annual AFSIC - Investing in Africa forum, scheduled for October 10th and 11th in London, is about to confirm a record number of over 200 top level speakers and panellists, including a huge range of Africa’s most important investors, dealmakers and business leaders. Our speakers will unpack the increasing global investment momentum into Africa’s growing public and private sectors and highlight new growth opportunities across the continent. Competition for the Chinese 🤔
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INVESTMENT WATCH: Zambia leaves South Africa choking in its dust at the 2022 Mining IndabaInvestors are buying President Hakainde Hichelema’s narrative of ‘New Dawn’ change, but remain sceptical about South Africa’s vague promises to break bureaucratic logjams in its mining sector. Possibly because South Africa has FUCKED UP every opportunity to provide a stable growth related plan to assure investors? DILLIGAFF?
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