Standard Bank’s Tshabalala: Geopolitical tensions hurting trade & investment
At the IMF-World Bank 2023 Annual Meetings in Morroco's Marrakech, CNBC Africa’s Godfrey Mutizwa caught up with the Sim Tshabalala, CEO of Africa's largest banks by assets, Standard Bank Group, where they discussed the impact of geopolitics on trade and investments.
Tue, 17 Oct 2023 15:57:25 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Impact of Geopolitical Tensions on Global Economy and Interest Rates
- Debt Reform and Fiscal Rectitude in African Economies
- Outlook for 2024: Economic Growth and Increasing Private Sector Participation
The CEO of Africa's largest bank by assets, Standard Bank Group, Sim Tshabalala, recently sat down with CNBC Africa's Godfrey Mutizwa at the IMF-World Bank 2023 Annual Meetings in Marrakech, Morocco. The conversation focused on the significant impact of geopolitics on global trade and investments. Tshabalala highlighted several key issues that are currently shaping economic growth in Africa and around the world. One of the key themes that emerged from the discussion was the importance of addressing geopolitical tensions and the implications for trade and investment. Tshabalala pointed out that the global economy is facing challenges, with projections for growth slowing across continents. He emphasized the need for countries to navigate these uncertainties to ensure sustainable development. Additionally, the conversation delved into the critical topics of digitization, financial inclusion, and climate change, highlighting their importance in shaping the future landscape of African economies. Tshabalala stressed the need for proactive measures to address these challenges and underscored the significance of transparent budgetary processes and fiscal discipline in ensuring economic stability.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.
