Wednesday, June 2, 2010

Africa leads the charge of emerging markets

Emerging markets would see estimated economic growth of 6 percent this year, Stanlib chief economist Kevin Lings said yesterday, as he urged investors to build this into investment strategies.

"We are looking at the sub-par growth in the developed world," Lings told journalists in Johannesburg.

"This means growth between the developed world and emerging markets would be uneven." In recessions past, it has been the US economy that has led the world back to growth but this time around experts are punting emerging markets. read more

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