Fitch downgrades S Africa outlook

Mr. Charles Brewer, Managing Director of DHL Express SSA 

The government has announced strategies to curb inflation rate and lower the cost of living in the Isles as it announced the 2013/14 economic outlook as well as the 2014/15 development plan.

At the weekend the ruling party conducted its countrywide primary election for councillors and Members of parliament ahead of the October General Election. The polls which came after a two week campaign period was conducted using the same arrangement as during the single party rule.

Spain’s government upgraded the economic growth outlook for 2014 yesterday as the nation shook off five years of stop-start recession that have pushed the unemployment rate above 26 per cent.

Emerging markets were facing headwinds going into 2014, but January’s rout surprised even the gloomiest of investors, with big declines in stocks, bonds, and currencies.

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