Economy

Fitch affirms China’s A+ rating, says short-term growth prospects are favorable

Fitch Ratings on Friday maintained its A+ rating on China with a stable outlook, citing the strength of the country's…

Nigeria ranks 21 in world’s most powerful economies in 2030

PricewaterhouseCoopers, one of the world's largest professional-services firms, just released its predictions for the most powerful economies in the world…

South Africa considers privatisation to wrestle economy out of recession

Malusi Gigaba, South Africa’s finance minister said on Thursday the country was considering the sale of non-core assets and partial…

Growth in population may worsen Nigeria’s economic expansion as government is seen doing nothing

*Economic policy trust has floundered without requisite actions.... Though Nigeria has been projected to grow by 2.5 percent this year…

Nigeria raises N106bn from local bonds at high 16.25% amid gloomy outlook on revenue

Nigeria’s Debt Management Office (DMO) Wednesday raised about N106 billion through the Federal Government of Nigeria (FGN) Bonds. The 5,…

Rwanda’s Inflation slows to 4.8% in June on reduced food prices

Rwanda’s Inflation rate dropped to 4.8 percent in June compared to 6.5 percent recorded in May, the National Institute of…

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