Impact of External Factor

PESA Editorial – Zimbabwe - 1Q2017/18

Impact of External Factors on Zimbabwe

The Zimbabwean economy has lost economic impetus since 2012 after there was indication of an economic resurgence in the period 2009 to 2012, with economic growth averaging 11% annually. In 2009, Zimbabwe introduced a multiple currency system, accepting the US dollar and the South African rand as legal tender.

PESA Editorial – South Africa - 1Q2017/18

Impact of External Factors on South Africa

The African Growth and Opportunity Act (AGOA) is an Act from the United States (US) that was passed on 18 May 2000 as Public Law 106 of the 200th Congress and has been renewed to last until 2025. Its primary aim is to strengthen market access for sub-Saharan African (SSA) countries that qualify to be a part of this Act.

PESA Editorial - Seychelles - 1Q2017/18

Impact of External Factors on Seychelles

The top two trade agreements signed by this small island are the Common Market for Eastern and Southern Africa (COMESA), and the Cotonou Partnership Agreement (CPA). COMESA is a free trade area that was formed in December 1994, taking the place of a Preferential Trade Area (PTA) which was in existence since 1981.

PESA Editorial - Namibia - 1Q2017/18

Impact of External Factors on Namibia

In 2014 Namibia’s biggest exports where diamonds, Uranium, copper cathodes and fish. While most of its imported goods where from South Africa, which were worth USD 4.8 billion.

PESA Editorial - Lesotho - 1Q2017/18

Impact of External Factors on Lesotho

Lesotho is known for its white diamond-water, which it exports to South Africa. Apart from water, the country exports garments, diamonds, wool and mohair. A significant amount of Lesotho’s imports come from South Africa. Some of the country’s exports, particularly textiles, go to North America.

PESA Editorial - Botswana - 1Q2017/18

Impact of External Factors on Botswana

Botswana has extensive trade relations with multiple countries. The most prominent trade agreements are the Southern African Customs Union (SACU), the Interim Economic Partnership Agreement (IEPA) with the European Union, and the Southern African Development Community (SADC) trade agreement.

PESA Editorial - Angola - 1Q2017/18

Impact of External Factors on Angola

Inflation is expected to ease towards Angola’s target of 15.8% after closing FY2016/17 at over 40%. Angola’s government expects economic growth to expand in FY2017/18 due to the slowing of inflationary pressure, the economy is expected to grow at a rate of 3.5%.