Tag Archives | long-term growth
Accurate short term prediction of iron ore pricing is said to more an art than a science, yet many financial institutions and mining companies are making decision on projects with 10 year development time and 30 year life with this price volatility front of mind.
Many JSE companies are seeing Africa as the new frontier and an important source of long-term growth, especially those companies doing business in mature markets. The International Monetary Fund forecast the region to grow at 5.5% both this year and next. By comparison, South Africa’s economic growth rate is forecast at just 2.7%.