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Egypt, Nigeria And South Africa Listed Among 32 Most Powerful Economies In 2030 – Africa Business Roundup

BY David Indeje · February 9, 2017 08:02 am

PricewaterhouseCoopers, one of the world’s largest professional-services firms, just released its predictions for the most powerful economies in the world by 2030.

The report, titled “The long view: how will the global economic order change by 2050?” ranked 32 countries by their projected global gross domestic product by purchasing power parity.

South Africa — $1.148 trillion, Nigeria — $1.794 trillion, Egypt — $2.049 trillion.

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Former head of Kenya’s Central Bank: Digital finance is Pro-poor

The power of digital payments to transform lives, particularly the lives of people with low incomes, is rightly a hot topic.

Although some have argued that the benefits of digital payments to poor people are overstated, mounting empirical evidence shows how digital financial system platforms can drive financial inclusion and expand economic opportunities. I warmly welcome debate on this issue. The arguments merit careful analysis so that policymakers around the world, businesses both large and small, and individuals can make an accurate assessment of the digital financial systems that have allowed payments in real time, especially in countries that had no payment systems.

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‘When the woman starts talking, the men switch off’ – Christine Lagarde on why gender parity is taking so long

The head of the IMF, who was formerly France’s first female finance minister, then gave some examples to shed light on why parity remains elusive.

“We have to identify our own biases,” she said. “Sometimes you have to identify that when a board member who happens to be a woman takes the floor, guess what, many of the male board members start to withdraw physically, they start to look at their papers, to look at the floor… and you need to disrupt that.”

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Women in Zambia are getting an extra day off per month for period pain

Zambia is ahead of many nations with the new law. It’s part of the country’s efforts to make the national labor market friendlier to women. The laws included 12 weeks paid maternity leave for employees who have been with a company at least two years. The new provisions allowed all women to stay away one day a month, without explanation and without eating into allotted vacation time.

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David Indeje is a writer and editor, with interests on how technology is changing journalism, government, Health, and Gender Development stories are his passion. Follow on Twitter @David_IndejeDavid can be reached on: (020) 528 0222 / Email: info@sokodirectory.com

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