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Economy

Mar 22, 2020
Angola on Saturday confirmed its first two cases of coronavirus, while Mauritius recorded its first death as the virus spreads across Africa. The continent has been slower to feel the…
As travellers cancel flights, businesses ask workers to stay home, and stocks fall, a global health crisis becomes a global economic crisis. In any health crisis, our first concern is…
Mar 15, 2020
The constitution of Lesotho has come under international scrutiny over an unusual question: does it give the prime minister immunity from prosecution? Previously, constitutional questions that attracted attention in relation…
Mar 12, 2020
Zimbabwe will adopt a “managed float” exchange rate regime, Finance Minister Mthuli Ncube said on Wednesday, abandoning strict control of foreign exchange by the central bank in the latest in…
Feb 17, 2020
Late last year Bissau-Guineans went to the polls to decide who would replace José Mário Vaz as president of Guinea-Bissau. It was viewed as a crucial poll. Decades of instability…
Feb 06, 2020
Standard Chartered Bank’s Chief Economist for Africa and Middle East, Ms. Razia Khan, has projected a three per cent economic growth for Nigeria in 2020. Khan, also projected that for the first…
Jan 28, 2020
João Lourenço was supposed to be a relatively safe pair of hands. A liberation party stalwart, a veteran of Angola's long wars, an ambitious but unremarkable Soviet-trained artillery general hand-picked…
Jan 27, 2020
The Sudanese government signed a preliminary deal with one rebel group on Friday, a move that is seen as the possibility for reconciliation in Sudan. The deal, signed by Sudan’s…
Jan 27, 2020
Lake Victoria, in East Africa, is the world’s largest tropical freshwater lake. At 68,800km², it’s also the second largest freshwater lake in the world after Lake Superior in North America.…
Jan 26, 2020
A billionaire has offered to pay striking doctors in Zimbabwe to help end a months-long protest over grave hospital conditions as the economy crumbles, and a doctors' group on Thursday…
Jan 24, 2020
Angola rose 19 places in the international ranking of countries that fight corruption, impunity and promote respect for human rights. The information was provided on Thursday by the Minister of…
Jan 20, 2020
Mozambican President Filipe Nyusi announced his new government on Friday evening, and reappointed Carlos Agostinho do Rosario as Prime Minister. Under the Mozambican system, the Prime Minister is not the…
Jan 19, 2020
Rwanda's economy is expected to grow by 8% this year and in 2021 versus an estimated 8.5% in 2019, boosted by private investment and trade, the International Monetary Fund (IMF)…
Jan 19, 2020
South African President Cyril Ramaphosa has announced plans to reduce his administration’s fiscal distress, with a decision to cut thousands of telecommunications jobs. LEFTIST POLICY Indirectly employed by the government…
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