Africa
Namibia GDP growth seen accelerating to 2.2% this year- finance minister
Calle Schlettwein, Namibia’s finance minister said on Friday that the country's economic growth is expected to accelerate to 2.2 percent this…
Angola seeks to rescue economy, joins other oil nations to drop dollar peg
Angola is poised to become the latest emerging nation to abandon its currency peg as it seeks to rescue an…
South African rand, bank stocks rally on hopes of Ramaphosa victory
South African assets rallied early Monday as investor hopes grew that pro-reform candidate Cyril Ramaphosa was likely to have secured…
Zimbabwe to relax black ownership laws, increase tax revenues for economic growth
Zimbabwe will trim spending and relax laws that require black citizens to hold majority stakes in companies as well as…
World Bank cuts down Kenya growth outlook over credit, spending
The World Bank lowered its economic growth forecasts for Kenya as delays in spending cuts, weak credit extension, and political…
End in sight for year-long ‘dry spell’ of cashless economy in Zimbabwe
Some Zimbabweans were able to withdraw U.S. dollars from automated teller machines this week for the first time in about…
