south africas usd 296 billion tourism industry represents 86 of economy South Africa’s USD 29.6 billion tourism industry represents 8.6% of economy

15:30 | 22/03/2019 Global Economy

For the last few years the world of travel and hospitality has been all about the rise of China and Asia, not just for vast numbers of travellers flowing out of the region to discover the world but also as destination for tourists and the tourism industry to explore and prospect.
fitch raises polands gdp growth forecast Fitch raises Poland's GDP growth forecast

15:03 | 21/03/2019 Global Economy

The credit rating agency Fitch on Wednesday revised upwards expected GDP growth rates for Poland, following social spending plans announced by the government in February.
uk reaches post brexit trade agreement with iceland and norway UK reaches post-Brexit trade agreement with Iceland and Norway

10:36 | 20/03/2019 Global Economy

Britain on Monday reached an a deal with Iceland and Norway to allow trade to continue unchanged if it leaves the European Union without a deal, trade minister Liam Fox said.
philippines revises down 2019 gdp growth target Philippines revises down 2019 GDP growth target

09:54 | 19/03/2019 Global Economy

The Philippines on March 13 lowered its GDP growth target for this year to 6-7 percent, instead of 7-8 percent, citing the impact of a delay in the approval from the legislature for this year's budget. 
indias slumping economy could hurt modis re election bid India's slumping economy could hurt Modi's re-election bid

14:12 | 18/03/2019 Global Economy

India's economy has hit a soft patch just as national elections loom.
737 max crisis wipes more than 25 billion off boeings market value 737 Max crisis wipes more than $25 billion off Boeing's market value

10:15 | 15/03/2019 Global Economy

The latest bad news for Boeing arrived on Wednesday afternoon. The United States joined other countries and grounded its 737 Max planes.
global gdp forecast to grow 21 in q1 Global GDP forecast to grow 2.1% in Q1

14:17 | 14/03/2019 Global Economy

The global economy during the first three months of the year is forecast to have expanded in the slowest pace since the financial crisis of 2009.
british mps reject brexit deal for second time British MPs reject Brexit deal for second time

15:56 | 13/03/2019 Global Economy

British MPs overwhelmingly rejected Prime Minister Theresa May’s Brexit deal for a second time on Tuesday, throwing the country’s political and economic future into confusion with just 17 days before it is due to exit from the European Union.
slovakias economic freedom worst in central europe Slovakia's economic freedom worst in central Europe

15:07 | 12/03/2019 Global Economy

Slovakia reported the worst economic freedom results in central Europe. The country ranked 65th place in the latest Economic Freedom Index, published by the Heritage Foundation. It scored only 65 points.
italy set to endorse chinas one belt one road intuitive Italy set to endorse China's 'One Belt, One Road' intuitive

14:10 | 11/03/2019 Global Economy

Rome is preparing to sign an MOU on the One Belt, One Road Initiative later this month when it hosts Chinese President Xi Jinping. 
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