Tag: Economy

Kenya’s economy poised to rebound in 2018, World Bank

Kenya’s real gross domestic product (GDP) growth is projected to rise to 5.7% in 2018—up from 4.9% in 2017—and continue to increase steadily to...

IT, Green Economy identified as future-oriented businesses in SA

South African SMEs are estimated to represent 90% of formal businesses, provide employment to about 60% of the labour force and contribute approximately 34%...

Diversified exports, agriculture boost Rwanda’s economy, IMF

An International Monetary Fund (IMF) staff team has completed the review of the 10th Rwanda Policy Support Instrument (PSI) supported program. Led by Emre Alper...

Zimbabwe post-Mugabe’s economy to grow by six

Zimbabwe's economy will grow by 6.3 per cent this year, driven mainly by agriculture and mining, the finance minister said Monday as the Government...

Chamber seeks increased SMEs’ contribution to economy

The Nigerian-American Chamber of Commerce (NACC) has called on stakeholders, including the government and operators in various sectors, to show more commitment to positioning...

Collaboration key for development of SADC’s blue economy, ECA

Southern African countries need to collaborate more in their quest to exploit opportunities presented by the blue economy, a ministerial high level roundtable agreed. Premdut...

Nigeria records $45.7bn investments in six months

The Nigerian economy recorded a total investment commitment of $45.7bn in various sectors of the economy within the first six months of this year. Figures...

President Cyril Ramaphosa says shifting budget spending will steady economy

South African President Cyril Ramaphosa said the country’s economy would be put on a firmer footing by the re-allocation of 50 billion rand ($3.5...

Blue economy can drive Africa’s economic growth if well utilized, ECA

The Economic Commission for Africa is fully committed to supporting the African Union, Regional Economic Communities (RECs) and member States to ensure that the...

Zimbabwe Secures $250m UK Loan – Finmin Lauds ‘Show of Confidence...

ZIMBABWE secured a $250 million loan from a UK-based fund Monday in a development finance minister Prof Mthuli Ncube described as a show of...