Economy

October 13, 2017

World Update: Pound jumps versus dollar on report UK may get 2-year Brexit extension

The British pound erased earlier losses against the dollar on Thursday after a German newspaper Handelsblatt reported the United Kingdom could stay in the European Union for another […]
October 13, 2017

Africa Update: Sub-Saharan Africa’s growth forecast loses ‘steam’

The Sub-Saharan African economy would retain its growth expectations, but not at the pace earlier forecast by the World Bank Group in April.According to its latest […]
October 12, 2017

Africa Update: South Africa to woo investors at IMF meetings

South Africa’s Finance Minister Malusi Gigaba and central bank governor Lesetja Kganyago head to Washington this weekend to meet ratings agencies and international investors in a […]
October 12, 2017

Africa Update: There’s a strong chance that one-third of all people will be African by 2100

The population of Africa is increasing rapidly. From an estimated 140 million in 1900, it had grown to a billion in 2010. According to United Nations […]