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Africa

Uganda makes sub-Sahara's first major move to tighten policy

Oct 03 2018 17:30

Uganda has become the first major sub-Saharan African economy to increase interest rates this year to counter inflation pressures caused by weakening currency and rising oil prices.

Africa

Land reform at the heart of Zim's economic woes, says economist

Oct 02 2018 16:44

Most of Zimbabwe's economic challenges, including its budget deficit, trade deficit and crippling foreign currency shortages, can be traced back to how the country handled land reform, a leading economist has said.

Africa

Namibia to consider land expropriation, says president

Oct 02 2018 13:49

Namibian President Hage Geingob says the country should carefully consider expropriating land because 'willing buyer, willing seller' hasn’t delivered results.

Africa

Mini-refineries race billionaire to fix Nigerian fuel crisis

Oct 02 2018 12:09

In the race to solve a fuel-import crisis in Nigeria, Africa’s richest person faces competition from a swarm of tiny challengers.

Africa

Ghana's economy is now a quarter bigger after data overhaul

Sep 30 2018 07:00

Ghana’s economy is almost a quarter bigger than previously estimated after the West African nation’s statistical agency changed its base for measuring gross domestic product.

Economy

Zimbabwe's economy is worsening

Sep 23 2018 12:56

Mnangagwa’s new Cabinet is already knee-deep ineconomic woes, with a sombre forecast owing to forex issuesand the black market.

Industrial

Mauritius should continue to focus on aviation as strategic enabler - IATA

Sep 19 2018 21:57

The International Air Transport Association has called on the government of Mauritius to continue to focus on aviation as a strategic enabler of economic and social development.

Economy

Secure ownership rights critical for successful wealth creation - report

Sep 17 2018 21:11

Safety and security as well as strong ownership rights are among the top factors needed to encourage growth in wealth in African countries, research shows.

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Financial Services

Nigeria fires back at HSBC after bank criticises President

Sep 17 2018 18:10

Nigeria has accused HSBC of money laundering after an analyst working for the lender said that a second term for President Muhammadu Buhari may stall economic recovery.

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