Economy

Nigeria’s NBS links 14% Q4 2016 unemployment rate to rising labour population

Economic recession, job lay-offs and a 0.6 percent rise in labour force helped push Nigeria’s unemployment rate to 14.2 percent…

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…

India’s slowing growth blamed on ‘big mistake’ of demonetisation

India has posted its slowest growth rate in two years, ceding its status as the world's fastest-growing major economy to…

Japan’s services sector grows at fastest pace in almost two years in May: PMI

Activity in Japan's services sector expanded at the fastest pace in almost two years in May, a private survey showed…

Economists expect slower US growth- Survey

Forecasts for U.S. economic growth are coming in slightly lower after a weak first quarter, according to a survey of…

Kenya’s economy on track, gathering steam

A railway built by the British government to tighten control over its African colony eventually played a part in ending…

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