Global economy forecast to pick up after a lacklustre last year – IMF

8426350208_8fda16aded_k.jpg

After a lacklustre outturn in 2016, economic activity is projected to pick up pace in 2017 and 2018, especially in emerging market and developing economies, the International Monetary Fund (IMF) said, but warned there is a wide dispersion of possible outcomes around the projections given uncertainty surrounding the policy stance of the incoming U.S. administration […]

Read more

South African gold and diamond miners shine but base metals face a slow recovery

Diamonds.jpg

The credit quality of gold and diamond miners will continue to strengthen in contrast to base metals miners, where conditions are unlikely to improve meaningfully, Moody’s Investors Service said. “The gold and diamond miners that we rate in South Africa have already re-set their operations to prevailing price conditions and are decoupled from the weak […]

Read more