Africa
Namibia’s economy declines 2.7 percent in Q1
Namibia's economy shrunk by 2.7 percent in the first quarter of this year after a revised contraction of 1.4 percent…
Central bank row now among South Africa’s economic, political woes
A major row in South Africa over the independence of its central bank escalated on Tuesday, with both sides trading…
South Africa’s current account deficit widens to 2.1% of GDP in Q1
South Africa’s current account deficit widened to 2.1 percent of GDP in the first quarter of this year from a…
IMF decides granting Zambia $1.3 billion funding package
The International Monetary Fund decides whether to grant Zambia up to $1.3 billion in a three-year credit facility to help plug…
Update-South Africa enters recession as economy shrinks 0.7% in Q1 2017
South Africa’s economy contracted in the first quarter of 2017, pushing the continent’s second largest economy into its first recession…
South Africa’s economy faces another recession in eight years
South Africa’s economy has moved into another recession in eight years, Bloomberg reports. This is the second time the country's…
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