Economics

CRAN running out of reserves

22 hours ago | Economics

The Communications Regulatory Authority of Namibia (CRAN) could soon join the bulging queue of bankrupt state-owned enterprises as the entity is forced to dig into its reserves to compensate for the shortfall in revenue to...

Stranded Africans plead to be brought home

22 hours ago | Economics

Elias Biryabarema and Josiane Kouagheu – When Margaret Ntale Namusisi's three daughters called her in Uganda to say they were being quarantined at their university in Wuhan, China, because of the coronavirus outbreak, she sent...

Pressured by sanctions, Cuba struggles to pay its debts

22 hours ago | Economics

Katell Abiven - Foreign companies going unpaid, creditor countries told to be patient: as Cuba struggles under the weight of US sanctions it has also been struggling to pay its debts, raising serious concern among...

Growth is back, says Calle

4 days ago - 21 February 2020 | Economics

Augetto Graig Despite the legislative framework for public private partnerships (PPP) being in place, not a single such project is on the finance ministry books.“Why is it we don't have a single PPP while the...

BoN: Coronavirus an ‘unfolding catastrophe’

4 days ago - 21 February 2020 | Economics

Jo-Maré Duddy - The coronavirus is a “catastrophe that is still unfolding” and it is too early to estimate its impact on Namibia, the governor of the Bank of Namibia (BoN), Iipumbu Shiimi, says.At his...

Covid-19: SA at ‘high risk’ of virus

4 days ago - 21 February 2020 | Economics

South Africa, Egypt and Algeria are at high risk of suffering from the deadly coronavirus, a study released Wednesday suggested.The Lancet medical journal reported that...

Covid-19 slows Belt and Road push

4 days ago - 21 February 2020 | Economics

Keith Zhai and Matthew Tostevin - When president Xi Jinping made his first state visit this year to Myanmar and signed new infrastructure contracts, there...

Pandemic bond under pressure as virus spreads

4 days ago - 21 February 2020 | Economics

Karin Strohecker - A World Bank bond designed to deliver funding to help the world's poorest countries to tackle fast-spreading diseases has lost half its...

'Party's over,' Shiimi tells consumer

5 days ago - 20 February 2020 | Economics

The latest cut in interest rates is to help create a conducive business environment to boost economic growth, not to encourage more consumption-driven borrowing among...

China craving for Senegal peanuts rattles local business

5 days ago - 20 February 2020 | Economics

Large peanut orders from Chinese traders have cut Senegal's traditional selling season short this year, rewarding farmers with fat profits but leaving local buyers with...

Pompeo takes swipe at Beijingin Addis

5 days ago - 20 February 2020 | Economics

Robbie Corey-Boulet - US Secretary of State Mike Pompeo yesterday closed a three-nation Africa tour with a thinly-veiled swipe at China as he talked up...

Africa Briefs

5 days ago - 20 February 2020 | Economics

Zim threatens to withdraw mining licencesZimbabwe has given holders of mining concessions up to the end of April to pay US$11 million in outstanding annual...

Economics

Africa Briefs

6 days ago - 19 February 2020 | Economics

Moody's cuts SA’s GDP growth forecastRatings agency Moody's has cut its 2020 growth forecast for South Africa to 0.7%, saying the economy remained stuck in...

Price monster throws consumer a...

1 week ago - 18 February 2020 | Economics

Consumers had to wait 15 years to kick off a new year with meat in deflation and last month didn't disappoint: Annual meat inflation in...

Africa Briefs

1 week ago - 18 February 2020 | Economics

SA union says wage deal not open for reviewSouth African trade union NEHAWU, one of the country's largest public sector unions, said on Friday that...

SE Asia feels the burn...

1 week ago - 18 February 2020 | Economics

Elephant parks unvisited, curios at markets unsold as tuk-tuks sit idle: Southeast Asia is facing billions of dollars in losses from a collapse in Chinese...

Africa Briefs

1 week ago - 17 February 2020 | Economics

SA plans summit to finalise AfCFTASouth Africa will in May hold an extraordinary summit of the African Union to finalise a continental free trade agreement,...

World Bank chief's criticism ‘misleading’,...

1 week ago - 17 February 2020 | Economics

WASHINGTON - The African Development Bank has pushed back against World Bank president David Malpass' comments that it and similar regional development banks were contributing...

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