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Despite dodging recession, Australia risks slump

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AUSTRALIA

Australian GDP grew by 1.9% in 2016, lower than earlier forecasts by the Treasury and the Reserve Bank of Australia (RBA). The latest OECD Economic Survey, together with other…

New Australian majority must tackle a raft of problems

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AUSTRALIA

This follows May’s federal election. The coalition will still depend on independents’ support in the Senate.

South African gold mining faces terminal woes

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SOUTH AFRICA

The disruption at Sibanye-Stillwater’s gold mines reflects wider turmoil in the gold mining sector, including a 13th consecutive month of production decline in October. Meanwhile…

South African budget prompts cheer and wider divisions

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SOUTH AFRICA

However, cuts to the social grants budget and a continued focus on the planned three-year wage freeze for civil servants has annoyed (among others) the ruling ANC's ‘Tripartite…

South African polls could delay substantive reforms

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SOUTH AFRICA

Data released by Statistics South Africa last week also showed economic growth declining by 2.2% quarter-on-quarter, a reminder of the economy’s continued fragility. New President…

Slow Peru growth will still outdo regional neighbours

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PERU

The economy grew by 3.0% in the second quarter and by 2.4% in the first six months of 2015, according to figures published by the Statistics Institute (INEI). This compares with a…

Ghanaian parties' mixed records face 2020 scrutiny

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GHANA

With general elections 18 months away, the economy is under intensified scrutiny as campaigning begins in earnest. Former President John Mahama (2012-17) was recently endorsed as…

South Africa's ratings reprieve masks more fiscal woe

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SOUTH AFRICA

The decision of the three rating agencies not to downgrade is a welcome reprieve for Pretoria after months of uncertainty and severe fluctuations in the value of the rand. South…

South Africa polls may bring mining improvements

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SOUTH AFRICA

This followed just a week after AMCU and miner Sibanye-Stillwater reached a wage agreement after a protracted five-month strike at the latter’s goldmines. Meanwhile, the latest…

Latin American recovery will prove elusive in 2016

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LATIN AMERICA

Declining regional growth projections.