Economy

Aug 08, 2017
South Africa's assets gained on Monday with the rand surging as much as 1.7 percent in part because a parliamentary speaker allowed a secret ballot in Tuesday's vote of no-confidence…
Aug 07, 2017
The democratic ideal visualises a government in which supreme power is vested in the people. They exercise this power indirectly through a system of representation that allows them to elect…
Aug 04, 2017
Nigeria and the International Monetary Fund disagree over how much the economy will grow this year, with the government saying 2.2 percent and the Fund opting for just 0.8 percent.…
Aug 04, 2017
The threat of controversy and unrest looms over Kenya’s elections, which will be held on 8 August. Incumbent President Uhuru Kenyatta is ahead by a whisker in the most recent…
Aug 03, 2017
The Zimbabwe Electoral Commission (ZEC) says it has submitted a $274 million funding proposal to enable the southern African country to hold polls next year, a development seen loading more…
Aug 03, 2017
The High Court of Zimbabwe on Tuesday ordered the state-owned Zimbabwe Consolidated Diamond Company (ZCDC) to stop diamond mining activities in Chiadzwa with immediate effect until it has been granted…
Aug 02, 2017
President Joseph Kabila of the Democratic Republic of the Congo has barely five months to save his 17-year regime from a cataclysmic ending. According to the 31 December 2016 all-inclusive…
Jul 31, 2017
On 4 August 2017, Rwandans head to the polls to elect a president. They will choose between Frank Habineza, Philippe Mpayimana and the incumbent Paul Kagame. Most observers expect a…
Jul 30, 2017
The Tanzanian government has asked Acacia Mining, a subsidiary of the world’s largest gold mining company Barrick Gold, to pay approximately USD$190 billion in revised taxes, interest and fines. This…
Jul 24, 2017
South Africa needs bold structural reforms to boost the ailing economy as there is limited room for monetary and fiscal stimulus, the Organisation for Economic Cooperation and Development (OECD) Economic…
Jul 17, 2017
Annual inflation in Nigeria stood at 16.10 percent in June, compared to 16.25 percent in May, the National Bureau of Statistics said in a report. A separate food price index…
Jul 13, 2017
Zimbabwe collected $1.8 billion in taxes during the first six months of this year, exceeding its target by 8 percent, while its full-year forecast has been revised up on better…
Jul 30, 2017
Last week, the Government of Liberia received a grant of EUR 10 million (USD 11.2 million) from the European Union (EU). The EU disbursed the money directly into the treasury…
Jul 12, 2017
South Africa's consumer confidence slipped deeper into negative territory in the second quarter, highlighting households' concerns about the weak outlook for the economy, a survey showed on Wednesday. The consumer…

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