Archive

Posts Tagged ‘business’

Introduction to Financial and Management Accounting Prep Course-ACCA

May 13, 2016 Leave a comment

jobsInterested in a career in business? Knowledge of finance will be key to your success. This Introduction to Financial and Management Accounting course is an ideal starting point if you want to:

  • Start a career in business, finance or accountancy
  • Study business or finance at school or college
  • Launch your own start-up
  • Prepare for ACCA’s exams in Recording Financial Transactions (FA1) and Management Information (MA1).

And the best thing is you do not need any previous knowledge of accounting- Simply sign up and start your learning journey.

This course does not offer an edX certificate.

For learners who would like to earn an ACCA certificate for this course, please register with ACCA as a student. Once you pass ACCA’s computer-based exams on demand, you will need to complete an online and interactive module on the “Foundations in Professionalism.” Upon completion of this module, you be awarded the Introductory Certificate in Financial and Management Accounting from ACCA.

Meet the instructors

  • bio for Barry Walsh

    Barry Walsh

  • bio for Tara Askham

    Tara Askham

  • bio for Linsey Taylor

    Linsey Taylor

Categories: General

The fastest growing African Economies

November 18, 2015 Leave a comment

africa

The Economist Corporate Network (ECN) says that for the past twenty years, the center of the global economy has been shifting from the developed to the developing world. Today, growth rates in developing economies are many times higher than in developed economies. Sub-Saharan Africa, in particular, is one notable case in point. In 2015 Sub-Saharan Africa’s GDP is expected to grow at 4.5%, making it the fastest-growing economic zone in the world, outpacing Asia’s regional average of 4.3% annual growth.

The African Exponent has compiled a list of 7 countries with the highest projected compounded annual growth rate (CAGR) from 2014 through 2017 based on the forecasts from the World Bank’s Global Economic Prospects.

These countries are certainly not the most developed ones, but their economic progress is praiseworthy.

6. Rwanda

2015 GDP: +7.00%

2016 GDP: +7.00%

2017 GDP: +7.50%

2014-2017 GDP CAGR: +7.12%

Economy: 90% of the population works in subsistence agriculture, while tourism, minerals, coffee, and tea round out Rwanda’s economy. Though the country has taken significant steps forward since the 1994 genocide, 45% of the population still lives below the poverty line.

Source: World Bank, CIA World Factbook

5. Tanzania

2015 GDP: +7.20%

2016 GDP: +7.10%

2017 GDP: +7.10%

2014-2017 GDP CAGR: +7.15%

Economy: Tanzania has recently seen high growth rates because of gold production and tourism. The economy also runs on telecommunications, banking, energy, and mining, as well as agriculture. In terms of per capita income, however, the country is one of the poorest in the world.

Source: World Bank, CIA World Factbook

4. Mozambique

2015 GDP: +7.20%

2016 GDP: +7.30%

2017 GDP: +7.30%

2014-2017 GDP CAGR: +7.30%

Economy: Mozambique has attracted large investment projects in natural resources, which means the country’s high growth rates should continue. Some analysts believe that Mozambique might be able to generate revenues from natural gas, coal, and hydroelectric capacity greater than its donor assistance within five years.

But the vast majority of the country works in subsistence agriculture, and over half the population remains below the poverty line.

Source: World Bank, CIA World Factbook

3. Cote d’Ivoire

2015 GDP: +8.00%

2016 GDP: +7.70%

2017 GDP: +7.50%

2014-2017 GDP CAGR: +7.80

Economy: About two-thirds of the population works in agriculture-related industries. The country is the world’s largest producer and exporter of cocoa beans and is also a major player in the coffee and palm-oil industries.

Source: World Bank, CIA World Factbook

2. Democratic Republic of the Congo

2015 GDP: +8.00%

2016 GDP: +8.50%

2017 GDP: +9.00%

2014-2017 GDP CAGR: +8.62%

Economy: The Democratic Republic of Congo has huge natural-resource wealth, which it hasn’t been able to efficiently monetize because of systemic corruption, conflict, and political instability. That said, its economy is slowly recovering since the tumultuous 1990s.

Source: World Bank, CIA World Factbook

1. Ethiopia

2015 GDP: +9.50%

2016 GDP: +10.50%

2017 GDP: +8.50%

2014-2017 GDP CAGR: +9.70%

Economy: Ethiopia’s economy is mostly agriculture-based, but the government has made a push to diversify into manufacturing, textiles, and energy generation. But while the country has seen and (per the World Bank) will continue to see high GDP growth, per capita income remains ones of the lowest in the world.

Categories: International