A new report from Moody’s Ratings has revealed that nearly nine out of every ten workers in Sub-Saharan Africa operate within the informal economy, a trend that continues…
by Staff WriterTopic
GDP
Economists say the weakness in the rand shows that the currency is starting to factor in the possibilities of a credit downgrade. This comes after the release of…
by Staff WriterZimbabwe’s budget deficit will more than double to 11.1 percent of gross domestic product this year from an initial forecast of 5 percent due to runaway government spending,…
by Staff WriterMoody’s Investors Service said it has downgraded Angola‘s rating by one notch to B3 due to an increased debt burden, offset in part by higher oil revenues.
by Staff WriterWhile bitcoin and other cryptocurrencies have suffered precipitous falls in recent weeks, the units remain popular in Nigeria where they make it easier to do business.
by Staff WriterSouth Africa’s Gross Domestic Product (GDP) grew by 2% in the third quarter of 2017.
by Staff WriterThe IMF approved a $666 million, three-year extended credit facility in June for Cameroon, which has been hit hard by the global decline in crude prices. Economic growth…
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