Economy

African Union mulls 0.2% levy on imports to check foreign donor reliance

  The African Union is planning a 0.2 percent levy on all eligible imports that enter a member country from…

South Africa unveils action plan to boost economy growth- Finance minister

South Africa's Treasury will unveil an action plan on Friday detailing structural changes and timelines to boost growth to 6…

Kenya’s GDP drops to 4.7 percent at Q1 2017 GDP

Kenya's economy expanded 4.7 percent in the first quarter of this year, down from 5.9 percent in the same period…

Russia sticks to conservative $40 oil forecast for 2018 budget

The Russian government is sticking to its conservative assumptions for oil prices as it drafts the budget for the next…

The global economy will be $16 trillion bigger by 2030, thanks to artificial intelligence

It's widely accepted that artificial intelligence (AI) will have a huge impact on our lives in the coming decades -…

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…

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