Jeremy Stevens, economist at South Africa’s Standard Bank Group, feels that an internationalised renminbi is one of the only permanents going forward in a volatile world.
A case-study on the Best Retail Bank in South Africa and the Best Mobile Phone Banking Initiative in the international category at The Asian Banker Excellence in Retail Financial Services Awards 2011.
Africa should be wary of the infrastructure-for-resources model of countries like China says Paul Collier, Professor of Economics and Director, Centre for the Study of African Economies, University of Oxford.
