Economy

Sep 13, 2019
South Africa's economic growth is unlikely to reach the treasury's target of 1.5% in 2019 because conditions have changed and the country is facing increasing headwinds, Finance Minister Tito Mboweni…
Sep 08, 2019
It started with a scary WhatsApp message. “Somalis are kidnapping children in schools,” the message said. Worried parents rushed to schools to save their children from what was thought to…
Sep 06, 2019
Robert Mugabe, the African revolutionary hero who liberated his country from white rule but then turned the new, independent nation of Zimbabwe into his personal fiefdom and a virtual one-party…
Sep 05, 2019
Zimbabwean public sector doctors went on strike on Tuesday for the second time in less than a year to demand a further salary increase amid soaring living costs, as President…
Sep 05, 2019
Gaslighting The oilfield fires of the Niger Delta burn day and night. Metal pipes snake through the swampland, spewing flames so vast they cast the sky in apocalyptic orange. Southern…
Aug 28, 2019
Ghana is one of the few countries in Africa where more than 50% of the population is permanently resident in cities. This urban population is located primarily in two cities;…
Aug 26, 2019
Nigeria’s government stands accused of letting down its 201 million residents by failing to complete a gas supply and production agreement that would have transformed their lives. Instead, the country…
Aug 26, 2019
An Angolan ex-transport minister was last week jailed for 14 years for corruption, making him the first high profile official to be convicted since President Joao Lourenco took office two…
Aug 25, 2019
Zimbabwe’s government said it is ready to settle with global lenders, sell assets and make the difficult spending decisions needed for financial recovery. But with opposition protests against plunging living…
Aug 15, 2019
The Nigerian central bank held a treasury auction on Wednesday to try to lure foreign investors, traders said, hours after it was announced that the president told the bank to…
Aug 14, 2019
When Cyril Ramaphosa succeeded Jacob Zuma as South Africa’s president, he promised a “new dawn” after nine years of misrule that hobbled the economy. Eighteen months later, hopes have dissipated…
Aug 13, 2019
Ethiopia has survived several dark epochs in its long history. One of them is known as Zemene Mesafint – the era of princes. This period, between the mid-18th and mid-19th…
Aug 07, 2019
South African President Cyril Ramaphosa is standing his ground in a deepening campaign funding scandal that threatens to scar his reputation and undermine his drive to tackle rampant graft, insisting…
Aug 05, 2019
The latest price hike announced by energy regulators on Saturday is the second last week and comes 48 hours after Zimbabwe Finance Minister Mthuli Ncube increased the excise duty on…
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