• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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With Covid-19 facilitating the widespread adoption of remote working practices, some emerging markets are seeking to attract digital nomads through a series of incentives and special visas.

– Global supply chains severely disrupted by Covid-19

– Multinationals turn to China +1 and nearshoring

– Worldwide increase in regionalisation and localisation

– Major regional trade deals signed or accelerated

– Efforts to address structural vulnerabilities to the economic and health effects of Covid-19

– Significant private sector stimulus complemented the public response

– Despite severe economic fallout, a number of countries recorded positive growth

– Implementation of AfCFTA to support greater regional trade in the future

– Economies in the region were hit by reduced trade volumes and lower oil prices

– Governments launched extensive stimulus packages to stabilise their economies

– Short-term recovery will be tied to oil prices and the resumption of travel

– The pandemic looks set to accelerate economic diversification efforts

 

In what ways have personal interactions and networking changed in the business community during the Covid-19 pandemic?

 

HEALTH: The government declared different levels of lockdowns and social distancing measures to mitigate the impact of the Covid-19 pandemic. As in many countries, the strictness of the measures varies according to the number of confirmed Covid-19 cases at the time. Entry may also be restricted depending on the purpose of the trip. As...

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