Wednesday, April 14African Business News
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Tag: African Union

Enabling the Dream

Enabling the Dream

Corporate Stories
In today’s troubled world, the African Union is projecting that exports and imports of African countries will reduce by at least 35 per cent from the level reached in 2019, which is a loss estimated at around $270-billion. The UN Economic Commission for Africa (UNECA) has also estimated that the continent may lose half of its GDP growth (from 3.2% to 1.8%), particularly due to supply chain disruptions, shrinking investment and lower remittances. With this scenario top of mind for those companies doing business in Africa, we need to ask ourselves: How are we going to continue working in Africa knowing this? Strong ethics First and foremost, for us at Tata, is the ability to draw on the strong ethics entrenched in all of our businesses, and this is what has always and will continue ...