South Africa’s current account deficit widens to 2.1% of GDP in Q1
South Africa’s current account deficit widened to 2.1 percent of GDP in the first quarter of this year from a deficit of 1.7 percent
Inflation to ease, firms operating cost to drop on declining diesel price
The Nigerian National Petroleum Corporation (NNPC) claims of a reduction in diesel price by 42 per cent could positively ease the
Help for Africa – all talk and no action?
Germany’s Chancellor Angela Merkel is set to host African leaders ahead of the G20 summit. Berlin would like to see the G20
Tanzania gov’t, Chinese firm sign $154m contract to expand country’s main port
Tanzania’s government signed a $154 million contract on Saturday with the state-run China Harbour Engineering Company (CHEC) to
IMF decides granting Zambia $1.3 billion funding package
The International Monetary Fund decides whether to grant Zambia up to $1.3 billion in a three-year credit facility to help plug a
PwC points to global mining rebound as profitability returns to industry
Mining industry is once again offering opportunities for investment as aggregate returns in the industry are looking north. According
South Africa’s economy faces another recession in eight years
South Africa’s economy has moved into another recession in eight years, Bloomberg reports. This is the second time the country’s
Egypt’s foreign reserves jumps to $31.126 bln in May
Egypt’s foreign reserves rise to $31.126 billion at the end of May from $28.641 billion at the end of April, boosted by last
Kenya’s economy on track, gathering steam
A railway built by the British government to tighten control over its African colony eventually played a part in ending its rule. This
Agriculture is major opportunity for African Internet of things; security No. 1 challenge
Agriculture, Africa’s largest economic sector, is likely to be central to the growth of the Internet of Things on the continent.