To what extent do you think freight flow can be used as a barometer for economic activity?
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Interviews & Viewpoints | OBG talks to Alan Olivier, CEO, Grindrod from The Report: South Africa 2013
Articles & Analysis | Air turbulence: The airline industry continues to face a number of challenges from The Report: South Africa 2013
The aviation sector remains a crucial driver of growth, contributing R50.9bn ($6.2bn) or 2.1% to GDP. When catalytic benefits, such as tourism spending, are included, this rises to R74.3bn ($9.1bn) or 3.1% of GDP, according to a 2011 report by Oxford Economics. This comes on the back of solid performance by local airports, which saw total...
Oil production retains its key role in the economy, however plans are under way to encourage diversification away from hydrocarbons towards an economy that is more knowledge based. The political climate has been characterised of late by a number of disputes, often resulting in either the resignation of the government or the dissolution of parliament, which has contributed to the slow progress of some projects.
The government in Thailand has strongly reiterated its commitment to an ambitious Bt2trn-plus ($60bn) transport system investment plan. The massive programme of spending would focus on rail, urban rapid transit and ports, and the government asserts that it would strongly enhance Thailand’s competitiveness in trade and investment, helping the country make up lost ground.
More than any other sector, the Ivoirian government has placed transport and infrastructure at the centre of its plans to revitalise the national economy after a decade of political instability and under-investment. The improvement of Côte d’Ivoire’s transport network is essential to increasing growth in its export-led agriculture sector and the nascent mining industry, as well as capitalising...
A leading cocoa producer and exporter of low-cost power, Côte d’Ivoire is one of the more economically diverse and mineral-rich countries in West Africa. The country is a member of ECOWAS and the Economic and Monetary Community of Central Africa, as well as party to several international trade agreements, which help improve macro stability.