ARTICLES RELATING TO AFRICA ECONOMY

Rallying rand sweet news for Zim exporters

2017-03-24 12:10

The rallying rand has been sweet news for Zimbabwean exporters, whose products will now be more competitive against those from South Africa.

Zim swings back into inflation as tobacco sales open

2017-03-15 17:53

Zimbabwe has swung back into inflation zone as the 2017 tobacco marketing season opened at the country’s auction floors.

Rand may benefit from desperate search for yield - economist

2017-03-10 15:34

The rand has done well over the past few months due to a desperate search for yield, according to Dr Edward George, head of Ecobank UK.

Traditional big guns in Africa being replaced

2017-03-09 19:32

Traditional big guns in Africa like SA and Nigeria have increasingly been replaced over the past ten years in the eyes of investors, says a risk consultant.

Banks line up to do business in Africa's fastest-growing economy

2017-03-08 09:59

Lenders are lining up to set up businesses in Ethiopia, one of Africa’s fastest-growing and most under-banked economies.

IMF expects Egypt inflation to ease after reform impact wears off

2017-02-15 17:52

The IMF expects Egypt’s inflation, which surged to almost 30% in January, to ease once the impact of measures including the floating of the currency wears off.

Commodities boom may prolong Zim's economic crisis - report

2017-02-08 15:12

Rising commodity prices will allow a continuation of policy decisions that will only prolong long-term economic stagnation in Zimbabwe, says a report by a research house.

Investor interest in mining in Africa surges

2017-02-05 12:16

The annual Investing in Africa Mining Indaba is attracting 32% more mining companies and 71% more investors compared to 2016.

Conference on sustainable buildings in Africa

2017-01-25 16:25

A new conference in Nairobi will explore sustainability for Africa's buildings.

Ghana may cut rate for second meeting as inflation slows

2017-01-23 15:16

Ghana’s reserve bank is likely to cut its benchmark interest rate for a second straight meeting after consumer prices rose at the slowest pace since July 2014.

 

Resilient Zim firms rise to economic challenges

2017-03-23 18:30

Zimbabwean businesses have continued to hold their own in a tough operating environment, as shown by their results in the ongoing reporting season

Friends and friction: We risk a slide to the Stone Age

2017-03-12 06:26

Africa runs the risk of falling back into the Stone Age when compared with our trading partners and the rest of the world.

Zim 3.7% GDP growth 'unlikely' to be met - analysts

2017-03-10 12:07

Zimbabwe has revised its 2017 GDP growth rate to 3.7% from 1.7% on the back of an expected bumper maize harvest, but analysts say it is highly unlikely to be met.

How Trump could benefit Africa

2017-03-09 19:05

Although Africa is not high on the agenda for US President Donald Trump, there is a way his approach could benefit the continent, says an economist.

Ex-boss of Nigerian oil firm in $10m cash probe

2017-02-19 14:31

A former head of Nigeria's state-run oil company is under investigation after almost $10m in cash was found at a property he owns.

African countries must unite to negotiate against nativism, nationalisation - Unctad

2017-02-09 08:54

Individual African countries cannot negotiate trade agreements bilaterally against a wave of nativism and nationalisation, says the secretary general of Unctad.

Strong metal price growth seen, but SA poses risk to platinum

2017-02-05 19:33

The price of metals is projected to increase by 11% in 2017 due to tightening markets, especially those facing imminent resource constraints, a World Bank report says.

Zim faces 15% hike in basic foods with new VAT rules

2017-01-31 19:01

Zimbabwe is set to introduce a 15% value added tax on several basic foodstuffs with effect from February 1 2017, following the publication of new legislation.

Regional airlines flock to Zim as it opens its skies

2017-01-24 12:22

RwandAir and Ethiopian Airlines are the newest airlines to fly to Zimbabwe, banking on growing prospects for business travel between Harare and other destinations.

Low growth, politics pose risk to sub-Saharan countries - Moody's

2017-01-10 10:00

Rating agency Moody’s says liquidity stress, low growth and political risk are contributing to the negative outlook placed on sub-Saharan African countries.

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