Africa
South Africa in danger of missing 2017 growth target, says country’s finance minister
Malusi Gigaba, South Africa's Finance Minister said Monday that the country is in danger of missing its 1.3-percent growth target…
South Africa’s mining industry “in crisis”, Chamber says
South Africa’s mining industry is in “crisis” and its companies have lost confidence in the mining minister, whose sowing of…
Egypt’s non-oil business activity contraction slows in August- PMI
Egypt’s non-oil private sector business activity shrank in August at the slowest pace since July last year amid a decline…
Egypt’s tourism revenue rises 170% in first seven months of 2017
Egypt’s tourism revenues jumped by 170 percent in the first seven months of 2017, reaching 3.5 billion dollars, a government official…
Farming helps turn around South African economy
South Africa emerged from a recession in the second quarter as agriculture helped the economy expand more than expected, Statistics…
Egypt to lower customs exchange rate to 16 pounds from Sept. 1
Egypt will lower its customs exchange rate to 16 pounds per dollar from 16.25, effective Sept. 1, Finance, Minister Amr…
