Old Mutual Unit Trust Managers off the hook for R1.7 billion claim arising from Fidentia scandal.
Read moreNigeria now has the largest economy on the continent following the release of much-anticipated preliminary rebased GDP statistics. The previous base year of 1990 has become outdated due to changes in the structure […]
Despite delaying salary payments for public sector workers this month due to financial constraints, the Zimbabwean government has basically rejected an International Monetary Fund (IMF) condition of reducing the state payroll in order […]
The Zimbabwe National Statistics Agency (Zimstat) has published its consumer price index (CPI) for February. The organisation measured a 0.48% y-o-y decline in the cost of the benchmark consumer basket, putting Zimbabwe […]
The Tobacco Industry and Marketing Board (TIMB) has reported a y-o-y decline in tobacco prices since auctions started on February 19. Farmers have received on average $2.87/kg compared to a figure of $3.42/kg […]
The Monetary Policy Committee (MPC) of the Bank of Zambia (BoZ, the central bank) elected to raise the policy rate for the first time in eight months at their meeting held on February […]
If President Jacob Zuma seems a little confused over who would be in charge after the May 7 elections, Minister of Finance Pravin Gordhan had absolutely no doubt as he set sail away […]
In a little over three months the US government will put Swaziland under the spotlight and evaluate its eligibility for trade benefits under the African Growth and Opportunity Act (AGOA). The outcome is […]
The government has decided to allow only the Grain Marketing Board (GMB) to import grains and has stopped issuing import permits to independent millers and traders, at a time when an estimated 2.2 […]
The International Monetary Fund (IMF) concluded its 2013 Article IV consultation with Namibia on 29 January 2014. The Fund staff’s appraisal acknowledged that Namibia managed to make significant progress in relation to the […]
The South African rand has nose-dived past the R11/$ mark at a time when newswires are suggesting that a sell off in emerging market assets has only just begun. The rand earned the […]
On Thursday, January 16, President Goodluck Jonathan sacked his high command and brought in fresh blood. The president was spurred by infighting among his military commanders that hindered the fight against Boko Haram […]
The Heritage Foundation and Wall Street Journal released the 2014 version of the Index of Economic Freedom on January 14. Globally, this measure of economic freedom is improving, with the global average freedom […]
The Zimbabwean economy is starting the year off with a shortage of staple food and paper money on top of its long-standing challenges. On the one hand, people in rural areas need to […]
A great man has gone, a massive spirit has moved on. In the imaginary world of George Lucas and Star Wars it took the destruction of an entire planet to cause a “disturbance […]
The Central Statistics Office (CSO) of Zambia released its latest monthly report on Thursday, November 28. Consumer price inflation rose in November, halting a three-month decline since reaching a y-t-d high of 7.3% […]
Nigeria’s real GDP growth improved in the third quarter on the back of higher oil production as well as an increase in non-oil GDP growth. Real GDP at factor cost expanded by 6.81% […]
