Economy

February 14, 2018

Africa Update: South Africa declares drought a ‘national disaster’

South Africa on Tuesday declared a “national disaster” over a drought that has ravaged parts of the country and threatened to leave homes in Cape Town […]
February 12, 2018

Africa Update: Zimbabwe won’t return land to white farmers, says Mnangagwa

Zimbabwean President Emmerson Mnangagwa on Saturday said the country will not return land seized from former white commercial farmers almost two decades ago. “It will never […]
February 12, 2018

World Update: Cryptocurrencies are Ponzi schemes, says Kim

The President of the World Bank Group, Jim Yong Kim, has compared cryptocurrencies to “Ponzi schemes,” and thus, becoming the latest financial voice to raise questions […]
February 9, 2018

Africa Update: Ghana president says ‘no reason’ to return to IMF

Ghana’s President Nana Akufo-Addo on Thursday hailed the country’s economic recovery and said he saw “no reason” to seek further help from the International Monetary Fund. […]