Rand strengthens as Cyril Ramaphosa is re-elected ANC president
Cape Town – The South African rand gained strength on Monday after the re-election of President Cyril Ramaphosa as... Read more
20 Dec, 2022
Ghana suspends part of external debt payments
Accra – Ghana suspended payments on part of its foreign debt on Monday as the country undertakes debt restructuring... Read more
19 Dec, 2022
IMF approves $3 billion loan to Egypt
Washington – The Executive Board of the International Monetary Fund on Friday approved a $3 billion loan to Egypt,... Read more
18 Dec, 2022
M23 rebels tighten economic vice around east DRC
Goma – M23 rebels have cut major supply routes to Goma, eastern Democratic Republic of Congo (DRC), sending prices... Read more
17 Dec, 2022
Philippine Congress passes controversial $2 billion wealth fund bill
Manila – Philippine legislators endorsed on Thursday a proposed law to create a $2 billion sovereign wealth fund but... Read more
15 Dec, 2022
Once a star, Ghana battles economic crisis
Accra – The packing machine at Nakobs’ Pac factory in the outskirts of Ghana’s capital Accra is running at... Read more
15 Dec, 2022
Cash-strapped Moroccans find joy in World Cup run
Sale – Moroccan moped driver El Haj Mohamed is in high spirits as his country’s top footballers gear up... Read more
14 Dec, 2022
Ghana reaches $3 billion deal with IMF
Accra – Ghana on Tuesday agreed on a $3 billion credit deal with the International Monetary Fund (IMF) as... Read more
13 Dec, 2022
Skills shortages are plaguing South Africa’s economy – policy and social conditions must support their development
Stephanie Allais, University of the Witwatersrand Many South Africans argue that the country has a skills crisis. An equal... Read more
11 Dec, 2022
‘Everything increasing except wages’: inflation batters Ethiopia
Addis Ababa – “Everything is increasing except our wages,” Ethiopian porter Zerihun told AFP, summing up the financial crisis... Read more
11 Dec, 2022
