Benin is seeking support from the International Monetary Fund (IMF), to help cushion it from a widening fiscal deficit and slowing economic growth caused by the sharp deceleration in its giant West African neighbour Nigeria linked to falling oil prices. “The government found a difficult macroeconomic and treasury situation upon assuming office in April 2016. […]
South Africa’s demise is an affront to the memory of Nelson Mandela
South African President Jacob Zuma Not since OJ Simpson was charged with murder has a trial captivated global media quite like that of Oscar Pistorius. The former paralympian’s murder of Reeva Steenkamp, his girlfriend, has prompted remarkable scenes inside and outside the North Gauteng High Court in Pretoria where his sentencing will soon be complete. […]
Malawi: Agriculture and Manufacturing driving 5%+ growth to counter falls in mining earnings.
Malawi’s economy continued to recover from the contraction in GDP experienced in 2012 as a result of slippage in macro-economic policies and withdrawal of budgetary support by development partners (DPs) over governance concerns, which precipitated an acute shortage of foreign exchange and fuel, crippling the economy. In 2014, the country’s economy is estimated to have […]
Zim, SA open for deeper economic co-operation
President Robert Mugabe’s visit to South Africa earlier this month (April 7-9) marked the second state visit to the republic in 21 years. His last state visit was in 1994. While a number of issues were on the agenda, it is clear that discussions on bilateral and regional economic co-operation took centre stage. Nesbert Ruwo/Jotham […]