Wednesday, June 7, 2023
  • Login
Upgrade
The Southern African Times
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • Events
  • SAT Jobs
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • Events
  • SAT Jobs
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
The Southern African Times
No Result
View All Result
Home Finance

Standard Bank’s Africa Trade Barometer aims to be the continent’s leading trade index

by SAT Reporter
June 8, 2022
in Finance, Just In
0
Standard Bank’s Africa Trade Barometer aims to be the continent’s leading trade index
0
VIEWS

Earlier on Tuesday morning  Standard Bank launched its first ever Africa Trade Barometer. As the name would suggest, the inaugural publishing of the Barometer will look at rapidly emerging enterprises heavily focused on domestic, cross-border and global trade.

The financial institution is planning to make the Africa Trade Barometer a biannual publication, with Standard Bank leveraging the insights it is able to glean from operating in more than 20 markets across the continent.

According to Philip Myburgh (pictured above), head of Trade and Africa-China at Standard Bank, “Since insight is key to leveraging trade to build resilience, our Africa Trade Barometer couldn’t be launching at a better time.”

Some of the early insights from the Barometer show that the short-term challenges facing the continent as regards trade will demand closer coordination between different authorities and nations.

“Over the long term, rapidly growing markets in East and West Africa and the re-emergence of global growth post Covid-19, currently combine with the broadly ratified African Continental Free Trade Area (AfCFTA) to present considerable opportunity for Africa’s small, medium, and larger domestic businesses,” highlights Standard Bank in a press release sent to Hypertext.

As mentioned, the Barometer will be a biannual publication and will initially focus on Angola, Ghana, Kenya, Mozambique, Namibia, Nigeria, South Africa, Uganda, Tanzania and Zambia.

Added to this will be a sharing comparative data on trade openness, access to finance, macroeconomic stability, infrastructure, foreign trade, governance, economy and trade finance behaviour.

“Qualitative and quantitative intelligence gathered from 2 400 firms representing SMEs, large family businesses, corporates and multinationals across all 10 economies is analysed and then augmented with third-party sources including the World Bank, International Trade Center, and individual country central banks,” explains Standard Bank.

“We expect the Africa Trade Barometer to become the leading index of African trade trends, activities and developments as Africa’s small, medium and large businesses define the continent’s next stage of domestic growth and regional and global expansion,” notes Myburgh.

The financial institution believes this index will offer a unique view of African trade and become a valuable resource for business people, students, governments, NGOs and investors considering the continent, along entrepreneurs on the continent.

With trade opportunities in Africa currently estimated at $70 billion annually, there is certainly a space for an index like this to provide greater insights. Whether it will become the trade index on the continent, remains to be seen.

Previous Post

Aspen debacle shows global vaccine funds must buy African

Next Post

The supply solution to stagflation

SAT Reporter

Related Posts

World Bank Releases $150 Million to Assist Ghana’s Poverty Alleviation Efforts
Finance

World Bank Releases $150 Million to Assist Ghana’s Poverty Alleviation Efforts

by SAT Reporter
June 7, 2023
Reserve Bank of Zimbabwe Raises Interest Rates in Bid to Tame Inflation
Finance

Reserve Bank of Zimbabwe Raises Interest Rates in Bid to Tame Inflation

by SAT Reporter
June 7, 2023
Top 5 economies in Sub-Saharan Africa to watch out for in 2023 – IMF
Finance

Top 5 economies in Sub-Saharan Africa to watch out for in 2023 – IMF

by SAT Reporter
June 5, 2023
Kenya Secures $500 Million Commercial Loan Amidst World Bank Support
Finance

Kenya Secures $500 Million Commercial Loan Amidst World Bank Support

by SAT Reporter
June 5, 2023
Zimbabwe Implements Measures to Stabilise Local Currency and Prevent Externalisation
Finance

Zimbabwe Implements Measures to Stabilise Local Currency and Prevent Externalisation

by SAT Reporter
May 30, 2023
Next Post
The supply solution to stagflation

The supply solution to stagflation

Browse by Category

  • African Continental Free Trade Area
  • African Debt
  • African Start ups
  • Algeria
  • Analysis
  • Angola
  • Asia
  • Botswana
  • BOTSWANA
  • BRICS
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Cameroon
  • Central Africa
  • China
  • Climate Change
  • Climate Changev
  • Congo Republic
  • COVID 19
  • CRYPTOCURRENCY
  • Culture
  • Democratic Republic of Congo
  • Eastern Africa
  • Education
  • Egypt
  • Energy
  • Entertainment
  • Environment
  • Ethiopia
  • Europe
  • Fashion
  • Feature
  • Finance
  • Food
  • Food and Drink
  • Foods
  • Ghana
  • Global
  • Guinea
  • Health
  • Immigration
  • in Southern Africa
  • International news
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Middle East
  • Mozambique
  • Namibia
  • Nigeria
  • North Africa
  • North-Eastern Africa
  • Opinion
  • Politics
  • Racism
  • Rwanda
  • SAT Jobs
  • Senegal
  • Seychelles
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Sustainablity
  • Tanzania
  • Tech
  • Togo
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • ZIMBABWE
  • Zimbabwe

Browse by Tags

africa African business news Africa News african footballer African investments African news African start-up Agriculture banking Business China Classic Climate change Content currency economy Explore Bali Finance football Health Investment Kenya Life Style Markets Market Stories Nigeria oil and gas Opinion Pandemic Politics Premium Russia South Africa Southern African News sports Stay Home technology Travel United Kingdom United Stated Vaccine Work From Home Wuhan Zambia Zimbabwe

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and the world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Facebook Twitter Youtube Instagram Rss

Copyright © 2022 The Southern African Times | Powered by The Southern African Times

Privacy Policy

Terms and Conditions

  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • Events
  • SAT Jobs
  • About Us
    • Advertise with Us
    • Contact Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?