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Economy

Feb 15, 2016
Zimbabwe's consumer inflation stood at 2.19 percent year-on-year in January after gaining 0,29 percentage points on the December 2015 rate of 2.47 percent, the statistical agency Zimstat reported on Monday. …
Feb 13, 2016
Swaziland Investor Roadmap Unit Director Albert Chibi announces the introduction of taxation of residents on their worldwide income as an initiative to mobilize additional resources for protecting essential services, APA…
Feb 13, 2016
The country’s consumer prices surged to 19% year-on-year in January 2016, compared to a 17.7% recorded in December 2015, latest consumer price index has shown. The latest inflation figure, which…
Feb 12, 2016
South African President Jacob Zuma on Thursday delivered his 8th State of the Nation Address (SONA), expressing deep concern about the country's low economic growth as a result of both…
Feb 10, 2016
Kenya’s business climate will this year continue to suffer sentiments associated with terrorist attacks, corruption, a shaky judiciary and upcoming general elections. Parts of the explosive that was found in…
Feb 09, 2016
Ethiopia is leaning on public spending, Chinese investment for its 8 percent-plus growth pace. Ethiopia is the new flavor of the month for Africa watchers. The East African nation led…
Feb 07, 2016
DR Congo have entered their names in CHAN history books after becoming the first team to win the tournament twice thanks to a 1-0 vicory over Mali in the CHAN…
Feb 06, 2016
Nigeria's wealthy elite would be hard pushed to find a clear road in this traffic-clogged city that would allow them to floor the pedal and get anywhere near approaching top…
Feb 05, 2016
The current drop and vagaries in global oil prices will not derail Nigeria's 2016 budget, authorities said. Although the situation has caused Nigeria's oil revenue to drop, recording a total…
Feb 04, 2016
A new study by professional services firm, PriceWaterhouseCoopers, PwC has shown that Nigeria will lose 30 per cent of its GDP to corruption by 2030. Country and Regional Senior Partner,…
Feb 02, 2016
Nigeria is holding talks with the World Bank to help it fund a forecast record $11bn (£7.7bn) budget deficit. However, Finance Minister Kemi Adeosun told Reuters it was not applying…
Feb 01, 2016
The rand gained to the strongest level in three weeks against the dollar to trim a third straight month of losses after South Africa’s central bank ramped up the magnitude…
Jan 26, 2016
The ECOWAS biometric Identity Card, which aims at facilitating mobility and promoting security in the region, will become operational this January. The identity card will help to ensure freedom of…
Jan 25, 2016
Ploughing investment into the small business sector is the only way to boost growth, says Goldman Sachs. South Africa’s economy can grow by 5% over the next five years if…

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