World Business Report
Africa's economic future: growth or uncertainty?
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:26:27
- More information
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Synopsis
Some forecasts place Africa as the world’s second-fastest-growing region in 2025, trailing only East Asia. But with uncertainty clouding the global economic outlook, Ed Butler explores whether the continent can maintain its growth momentum with Sim Tshabalala, CEO of Standard Bank, Africa's largest commercial lender.Meanwhile, Ethiopia’s parliament has introduced a new tax on workers and businesses aimed at bridging the funding gap left by the suspension of USAID support.And at London's Heathrow Airport, questions are being asked about its resilience, after a fire at a nearby electrical substation forced Europe’s busiest airport to shut down, leaving hundreds of thousands of passengers stranded.