United States rate hike may put Nigeria, others under pressure
The U.S. Federal Reserves decision to hike rates from 1.0 percent to 1.25 percent as announced by its chair, Janet Yellen, on
Update-South Africa enters recession as economy shrinks 0.7% in Q1 2017
South Africa’s economy contracted in the first quarter of 2017, pushing the continent’s second largest economy into its first
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