Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
A further decline in the already depressed price of metals – particularly iron-ore, gold and copper – would severely affect a large number of countries in sub-Saharan Africa, the World Bank’s latest Global Economic Prospects (GEP) report warns. The authors still expect the global economy to grow by 3% in 2015, up from 2.6% last year, and for the region to expand by 4.6%, with South Africa expected to growth far more slowly at 2.2%.
A further decline in the already depressed price of metals – particularly iron-ore, gold and copper – would severely affect a large number of countries in sub-Saharan Africa, the World Bank’s latest Global Economic Prospects (GEP) report warns. The authors still expect the global economy to grow by 3% in 2015, up from 2.6% last year, and for the region to expand by 4.6%, with South Africa expected to growth far more slowly at 2.2%.
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