Economy

IMF loan payback: It’s a stupid economy

The current R70-billion loan by the International Monetary Fund (IMF) to South Africa has been acquired with combined critiques via…

July 30, 2020

Socio-economic status in Egypt is hindering its modernisation

Trust displays positively on nations’ speedy monetary growth argues renowned political scientist Francis Fukuyama. To further illustrate his point, Fukuyama…

July 30, 2020

Business: Gold skyrockets due to financial boom fears

Gold is heading for its seventh weekly acquire as it advantages from a especially weak dollar and inflation expectations globally.…

July 25, 2020

Angola can become the fourth largest economy in Africa

According to forecasts from the Institute for Studies and Security (ISS), based in Pretoria , South Africa, Angola could become…

July 21, 2020

NEWS: SAA staff want say on decisions

Employees of the troubled national carrier SAA are demanding to be part of the decision-making structures at the reconfigured airline…

July 16, 2020

Business: Now is the time to invest in Africa’s creative industries

Despite the effects of COVID-19, Africa’s young creative industries remain ripe for investment opportunities. African music, film, and fashion continue…

July 16, 2020

The World: China becomes first economy to grow since coronavirus pandemic

China became the first major economy to grow since the start of the coronavirus pandemic, recording an unexpectedly strong 3.2…

July 16, 2020

Business: SA business gives Mboweni’s zero-based budgeting thumbs up, but calls for no tax increases

Zero-based budgeting will be instrumental in curbing public debt, according to Business For South Africa. The organisation, which represents a…

July 12, 2020

Nigeria: Buhari bars VIPs’ aides from airport terminals

The President, Major General Muhammadu Buhari (retd.), has given an approval to the Federal Ministry of Aviation to stop all…

July 7, 2020

African nations reopening airspace despite rising COVID-19 cases

As COVID-19 cases surged in many parts of the world, the island nation of the Seychelles was looking good: 70-plus…

July 6, 2020

Business: IMF says South Africa loan talks occurring at measured pace

The International Monetary Fund's discussions with South Africa over a $4.2 billion loan to support its fight against the coronavirus…

June 30, 2020

Business: Junior miners fight for survival in COVID-19 storm

While the mining industry overall was hard hit by the coronavirus pandemic, it is junior miners who sustained the heaviest…

June 18, 2020

Business: Kenya Tops Angola as Sub-Saharan Africa’s No. 3 Economy

Kenya surpassed Angola as sub-Saharan Africa’s third-largest economy in dollar terms, according to International Monetary Fund estimates. Angola has contracted…

June 16, 2020

Thabi Leoka SA is in a precarious position-but this is not due to Reserve Bank inaction

There is a lot of talk about the role and the mandate of the SA Reserve Bank and emotions seem…

June 11, 2020

News: Nigeria stands by AfDB president Akinwunmi Adesina

President of the African Development Bank AFDB Akinwunmi Adesina is in the news! A brewing crisis of succession at the…

June 3, 2020

Business: Stock Exchanges in Ghana and Nigeria set to deepen West African capital markets

The economy of Nigeria – the most populous country in Africa, with more than 200 million inhabitants – was transformed…

June 3, 2020

Business: Will Nigerians pay more for fuel as crude price rallies

The federal government slashed the pump price of PMS when the price of crude fell at the global market with…

June 1, 2020

Kenya: May inflation eases to 5.47% despite rising Consumer Price Index

The country's year-on-year inflation rate eased to 5.47 per cent in May from 5.62 per cent in April, latest data…

May 30, 2020

Business: Libya’s Economic Losses From Ports Blockade Reach About $5 Billion

The company added that these losses were a serious blow to the national economy. In January, the NOC announced an…

May 28, 2020

South African Airways aims to resume domestic flights in mid-June

South African Airways (SAA) aims to resume domestic flights between Johannesburg and Cape Town from mid-June, the cash-strapped airline said…

May 27, 2020

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