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South Africa government losing millions to trade mis-invoicing

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 Insights

21-Nov-18 The South African government has lost an estimated USD37 bn from 'misinvoicing' between 2010 and 2014. The losses can be traced back to the practice of misinvoicing, where companies illicitly misrepresent the value of cross-border trade on an invoice. [image: Pymnts]

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Rail to form backbone of South African transport by 2050

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 Insights

11-Oct-18 South Africa's proposed National Rail Policy will focus on increasing investment in rail, ZAR170 bn (USD11.9 bn) over the next ten years, to position rail as South Africa’s transport backbone by 2050 and support the commitment to greenhouse-gas reduction. [image: Railway Pro]

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India boosts Asian growth, as Latam and the Middle East look positive

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 Insights

Jul-18 Growth in emerging market commodity importers is expected to remain robust, while the rebound in commodity exporters is projected to mature, says the World Bank. Risks include escalating trade protectionism and rising geopolitical tensions. A slowdown in China is partly offset by the rest of Asia, led by 7% growth in India. Prospects in Latam and the Middle East look positive, though with growth projected at much lower levels than in Asia.

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