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African Project and Trade Insights
Inside Analysis of Trade & Project-Related Developments in Sub-Saharan Africa
African Project and Trade Insights is a monthly publication compiled by a joint team from Whitehouse & Associates and Africa Project Access. The focus of both companies is Africa and during the course of conducting our everyday business, the team travels extensively and networks with numerous stakeholders and decision makers. The result is a keen and unique insight into trends in both project activity and trade in sub-Saharan Africa. This publication aims to share these insights with our subscribers, giving them the edge in Africa.
Annual subscription for 11 issues costs ZAR1,500 (South African Rand)
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Zimbabwe Business News
Zimbabwe becomes fashionable once more: The battered and moribund Zimbabwean economy is once again showing signs of life. It’s too early to tell if the unity government will survive or if these are the false ‘green shoots’ seen elsewhere in the world, but a snapshot of South Africa’s trade with Zimbabwe is illustrative.
South Africa generally accounts for roughly 50% of Zimbabwe’s recorded trade and probably has a far higher percentage of actual trade as much is unrecorded across the borders, particularly for consumer goods. South Africa’s exports to Zimbabwe doubled year on year in Q1 from 2006 to 2009, illustrating that there are still pockets of economic activity in the country. Of more interest however, is that year on year growth in the first quarter of 2009 was 45% up in value terms over 2008 – a sure sign that things are changing.
Much of the growth is related to exports of basic grains and prepared foodstuffs as both donor and commercial food distribution resume a degree of normality, but exports of capital goods and base metals and articles have picked up pace since the unity government came into being. These are direct inputs into the mining and manufacturing sectors and it bodes well for a recovery in the economy – assuming the political situation continues to improve.
It is against this background that we have decided to launch Zimbabwe Business News, an essential tool for business people interested in Zimbabwe.
Brief Guide Aid Agencies: International Development Finance
Institutions and Selected Related Organisations.
