Africa

Ghana proposes $13.9bn (N4.2trn) budget in 2018 with deficit of 4.5% of GDP

The Ghanaian government has proposed to spend $13.9 billion (62 billion Ghana cedis) about N4.2 trillion in its 2018 fiscal…

Ghana targets $2.2bn bill with farm support to increase trade, says president

Ghana has a target of supporting one million farmers in the next four years with plans to invest in agriculture…

South Africa’s economy faces major challenges, needs tackling policy uncertainty, corruption, apex bank head says

Lesetja Kganyago, South Africa’s central bank governor said Thursday that the country's economy faces major challenges, and the government needs to…

Zimbabwe renames national airport after Mugabe, plans $153m upgrade

Zimbabwean Government has renamed the country’s main airport after President Robert Mugabe, Joram Gumbo, Transport Minister said. Gumbo told newsmen…

Kenya’s economic growth to rebound in 2018, says treasury secretary

Henry Rotich, Kenya's Treasury Secretary said Tuesday that the country’s economy is expected to rebound in 2018 after a slowdown…

IMF sees Uganda economy growth expands 5% in 2017/18

Uganda’s economy is seen expanding by five percent in the 2017/18 fiscal year, up from four percent in the previous…