Mo Ibrahim Foundation’s Post

Biggest Finance and Investing Publications in South Africa.

Join us in exploring the evolving transfer pricing landscape in African countries! The rapid economic growth in developing African nations has drawn the attention of multinational companies, leading to increased participation in international trade and investments across the continent. Gain in-depth insights and detailed analysis shared by Disebo Makhetha and the #GrantThornton Africa network. You can download the latest #TransferPricing Africa Landscape Guide here or on our website - https://lnkd.in/d6Yhabyd #AfricanEconomy #InternationalTrade #Investment 

The transfer pricing landscape in Africa keeps evolving. Our Africa Tax Desk has put together the TP landscape guide to help you navigate through transfer pricing requirements and developments in African countries. #transferpricing #africa

Africa will launch its own credit ratings agency in 2025. This agency is established to meet the unique needs of Africa’s sovereign borrowers. Aims to provide tailored ratings that reflect the continent's specific economic conditions. This move is significant. It addresses the long-standing issue of unfair ratings from global agencies. It will better serve Africa's financial landscape. It could reshape how African nations are perceived in global markets.

Our 2024 Regional Outlooks Webinar Series kicked off yesterday with an insightful discussion between Razia Khan, Head of Research, Africa & Middle East at Standard Chartered and Timothy Cox, Partner - West Africa at Control Risks, on what lies ahead for West Africa this year. Some key takeaways from the webinar include: ⭐ 2023 was an encouraging year for Nigeria's economy as the Government implemented a series of bold reforms including the fuel subsidy and FX reform. If Nigeria can continue with the reform momentum to complete these reforms and address the costs, Nigeria should see healthier levels of foreign inflows and investment. ⭐ This year, 12 national-level elections are scheduled to take place in Africa. To ensure peaceful transitions of power throughout West Africa, the Ghanaian and Senegalese elections will be critical, particularly as Ghana's economy remains constrained by the IMF debt restructuring programme. 💻 To watch a recording of the webinar, click below. 🎧 You can also find the webinar on our podcast channel here: https://t.ly/CGQNL

Fascinating read. Few comments: - Key conclusion: our countries took a poisoned gift without being ready nor understanding what it meant... all for political expediency at the detriment of citizens. - Pity that the journos did not question the methodologies applied by the large Credit Rating Agencies (neither did our countries ask for them until it got sticky!). Rather they took it at face-value (which of course would lead to the conclusion that the methodology is not applied in a biased way! Dah!) and in my opinion missed the point on criticism of CRMs role in Africa. https://lnkd.in/eCRxsmQJ

International Monetary Fund(IMF) sees stable but slow economic growth in Africa The International Monetary Fund (IMF) is projecting a 4.2 per cent growth for Africa by 2025, as it sees a stable but slow growth on the continent. Read more: https://lnkd.in/datxHR8Y #Ghanadaily

Earlier this month I was honored to represent Global Recovery Group, LLC as a proud sponsor of Global Trade Review (GTR) West Africa 2024 in Lagos, Nigeria. Congratulations to Sam Cheung, Ed Virtue, and the GTR Team in London for putting on a first-class event. Despite the challenges of nascent institutions and near-term pressures from FX markets, trade fragmentation, and financing gaps, the Continent is well positioned to grow in the next economic cycle. Societies that can implement good governance, leverage inter-African trade, and uncover scale from their informal economies stand to bring the most benefit to their communities and maximize the gains from Africa's demographic opportunities. Strengthening partnerships with US entities can play a key role in facilitating and accelerating these outcomes. #tradefinance, #internationaltrade, #economicdevelopment, #internationalrelations, #Africatrade, #USTrade, #internationalfinance, #exportcredit

[ICYMI] "There has been a significant increase from 60 billion USD to 90 billion USD annually in the fight for income to African countries from Africa. If you match that to the amount of income that our joint EOI initiatives are gaining, the gap is increasing, and therefore the challenge to benefit and work better so that instruments such as exchange of information and multilateral instruments such as the African Mutual Administrative Agreement offers us, that the work we need to do has to increase if we want to catch up on the increasing amount of illicit money that leaves our continent." The Executive Secretary, Mr Logan Wort, said during the 'Tax Transparency in Africa 2024: Africa Initiative Progress Report' launch. The report is a joint publication of ATAF, the African Union and the Global Forum. #ATAF #AfricaInitiative

Find out how SA’s Government of National Unity could shape the local market outlook, in an article from the Q3 Fundamentals series. Portfolio Manager Jason Swartz writes that political instability often leads to higher risk premiums for investor assets, as seen in South Africa's volatile pre-election period. However, since the establishment of the #GNU, investor sentiment has improved with key appointments like Enoch Godongwana as Finance Minister and Khumbudzo Ntshavheni in the Presidency, supporting fiscal and structural reforms. The GNU also included opposition parties in significant roles, which could foster growth. Investors are cautiously optimistic, awaiting progress on energy capacity and governance, with South African assets remaining undervalued, as foreign investors look for signs of further reform that could drive economic growth in the country. https://lnkd.in/d22mQdZX #InvestmentInsights #SouthAfricanEconomy #FiscalReform