Tag: economy
Selling gold teeth to make ends meet in Greece
A smartly dressed woman waits as a young man behind a glass screen weighs her gold earrings, bracelets and rings and counts...
Weak US economy shadows Obama in bright areas
A bright spot for President Barack Obama in the bleak US economic picture should be that many of the "swing" states crucial...
EU wants Kenya to set election date, hasten reforms
The European Union wants Kenya to set a date for its next elections and pass laws ahead of time to avoid a...
Africa is most profitable area: Jammine
Africa is the world's most profitable region, says Econometrix chief economist Azar Jammine. At a presentation in Johannesburg yesterday, he cited an...
Botswana inflation to rise, cloud on revenues: IMF
Botswana could experience a temporary rise in inflation, while declining mineral and customs receipts might put a squeeze on government revenues, the...
Uganda hikes spending ahead of planned oil start-up
Uganda launched expansionary plans for the 2010/11 financial year, with a planned 16 percent increase in spending to $3.31 billion aimed at...
Rwanda’s growth slows to 6.5 pct in fiscal 2009-10
Rwanda's growth eased to an estimated 6.5 percent in the 2009/10 year and the government estimates expansion of 7.6 percent for the...
Rising Africa puts South Africa on the spot
Even by the extended outlook of emerging market investors, a century is a very long time. By that measurement, though, South Africa,...
Volcano market impact moves far beyond airlines
The impact of Europe's volcano flight shutdown moved beyond airlines, rippling through food and energy producers and by delaying an IMF-EU meeting...
Botswana’s recovery seen slow as diamond demand rises
Botswana's diamond-based economy should return to growth this year but the recovery from a sharp slump may be slow as demand for...
Economy on recovery path: Zuma
South Africa's economy is on the path of recovery but the government will maintain measures to boost jobs and growth, President Jacob...
Kenyan economy seen growing at 4.2 pct in 2010
Kenya's economy is seen growing by 4.2 % in 2010 and accelerating to 5.0 % in 2011, compared with an estimate of...
Ivory Coast economy to grow 4 pct in 2010: finance minister
Ivory Coast's economy is expected to grow by 4% this year, picking up to a 5% clip in 2011, according to a...
South Africa set to lag recoveries in emerging markets this year
The South African economy is likely to grow by less than three percent this year - while many of the country's emerging...
Zimbabwe’s economy slowly gaining track
Zimbabwe's battered economy is on track to expand for the first time in a decade this year and to grow by 7%...
40% of SA still mired in poverty : SAIRR
Four out of 10 South Africans still live in poverty, the South African Institute of Race Relations (SAIRR) says.
Despite this poverty levels...
Zuma spells out agenda, praises SANDF
President Jacob Zuma has praised the role of the South African National Defence in supporting foreign policy through its active participation in United Nations...