Seychelles and Mauritius topped a ranking of African investment destinations, as the attractiveness of South Africa deteriorated because of the nation's weak economic indicators, according to Rand Merchant Bank (RMB).
The two Indian Ocean island nations outperform the continent when measured by a combination of their economic performance, market accessibility, investment climate and social and human development, the Johannesburg-based lender said in a report published on Tuesday.
Egypt was third in RMB's ranking, which assessed 31 nations on the continent in the report published on Tuesday.
The two economies stand out in an investment climate in which Africa is being buffeted by "significant turbulence", RMB chief economist Isaah Mhlanga said.
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Denne historien er fra August 08, 2024-utgaven av The Citizen.
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Mud paintings go global
Reproduced on saleable items for overseas market
China's 'Motown' has charms of its own
Not a tourist city but Wuhu's growing fast
Keeping the tradition alive
BATHING RITUALS: ISTANBUL'S HISTORIC HAMMAMS REOPEN AFTER 13-YEAR RESTORATION
India trounce the Proteas
The Proteas were demolished by India last night, crumbling to a record 135-run defeat as the tourists wrapped up a 3-1 series victory in the fourth and final T20 International at the Wanderers.
Boks wary of England
KOLISI: KNOWS EXACTLY HOW IT FEELS TO ENDURE LENGTHY LOSING SPREE
Player safety is high on agenda
Australia's Brett Robinson said it was a \"proud moment\" for him after he became the first chairman of World Rugby from the southern hemisphere on Thursday and vowed to unify all the different factions.
Rugby needs more 'superstars'
Wales rugby coach Warren Gatland believes \"the game needs superstars\" as his struggling side prepare to face Wallaby wonder Joseph-Aukuso Suaalii (right) tomorrow.
Challenge is 'immense'
GALTHIE: LES BLEUS HOPE TO MAINTAIN STRANGLEHOLD ON THE ALL BLACKS
Williamson boost for the Black Caps
Prolific batsman Kane Williamson was yesterday included in New Zealand's Test squad to face England after missing their recent 3-0 sweep in India with a groin injury.
Southee makes his career call
STALWART: ENGLAND TEST SERIES WILL BE SWANSONG
