The Africa Wealth Report is the continent’s annual benchmark for private wealth research. Now in its 7th year, the report provides the most comprehensive review of the wealth sector in Africa, including trends among high-net-worth individuals, the luxury market, and wealth management.
South Africa must lead in revitalising a post-COVID-19 social compact for Southern Africa as a foundational inspiration for Africa’s socio-economic and democratic recovery. A core assumption held by observers of global affairs is that societies and economies benefit from close cooperation.
COVID-19 is a watershed moment for the digital transformation of business. The rules for success have changed and are ever more reliant on harnessing the power of digital models to create new value and experiences. Accelerating digital transformation, with purpose, is essential for companies to survive and thrive in the new normal.
COVID-19 is deepening the hunger crisis in the world’s hunger hotspots and creating new epicentres of hunger across the globe. By the end of the year 12,000 people per day could die from COVID-19 linked hunger, potentially more than the disease.
Consumers shrinking wallets have sparked drastic shifts in spend, purchasing habits and routines as they try to cope with the harsh economic effects of COVID 19, a new report by marketing agency SCANAD shows.Dubbed 'Understanding the New Normal Consumer', the report aims to help brands understand the massive changes in the consumer environment a
Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, and the recovery is projected to be more gradual than previously forecast.
Global investment sentiment waned amid the sharp economic downturn triggered by the coronavirus disease (COVID-19). The governments and central banks of many economies launched fiscal stimulus packages and eased monetary policies to mitigate the economic impact of COVID-19.
The rapid expansion of access to digital payments has made it possible for consumers to conveniently make purchases for goods and services from merchants around the world. The current COVID-19 public health crisis will only accelerate digital trade and cross-border e-commerce as physical commerce contracts and digital commerce expands.
This publication provides updated economic forecasts for Asia and the Pacific, taking into consideration the impact of coronavirus disease (COVID-19). Developing Asia is now projected to grow by only 0.1% in 2020, which would be the lowest regional growth outcome since 1961. Contraction is expected in all subregions except in East Asia.
