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In 3months, South Africa Exits Recession

In 3months, South Africa Exits Recession Farms and factories dragged South Africa out of its first recession in almost a decade, data showed on Tuesday, as the economy grew by more than expected in the third quarter. The positive data was a boost for President Cyril...

Africa’s Growth: Nigeria, S/Africa, Angola Tasked To Ensure Solid Economic Footing

Africa's Growth: Nigeria, S/Africa, Angola Tasked To Ensure Solid Economic Footing   The International Monetary Fund (IMF) has called on Nigeria, South Africa and Angola to ensure solid economic footing to accelerate African economic growth. The IMF Chief Economist, Mr Maurice Obstfeld, made this call on Tuesday...

Ramaphosa Unveils Plan To Reduce High Unemployment In S/Africa

Ramaphosa Unveils Plan To Reduce High Unemployment In S/Africa   The President South Africa, Mr. Cyril Ramaphosa, has announced a package of reforms, which would create more 275,000 jobs a year, to bring down high unemployment and improve the economy. More than two decades after the end...

Kenya, Nigeria & South-Africa: Tales of Reasoning!

Kenya, Nigeria & South-Africa: Tales of Reasoning! By Taiwo Lawrence Adeyemi   “Leadership is an elusive concept, defined by many, but achieved by few.” John W Stanko Kenya with a population of about 51.10 million, speaks Swahili, Dholuo, and Sheng languages. Regaled in African Safari, Magnificent Indian Ocean...

Nigeria Leads South Africa In Foreign Reserves

Nigeria Leads South Africa In Foreign Reserves   Nigeria is leading South Africa in net foreign reserves as Nigeria’s reserve hits $47.37 billion (N17 trillion) in March, 2018 to beat South Africa which has $43.15 billion. Nigeria which recently recovered from economic recession with less than $21...

$2.5bn Arms Deal: “I am innocent” says Zuma

$2.5bn Arms Deal: “I am innocent” says Zuma Former South African president Jacob Zuma told thousands of supporters outside court in Durban that his opponents were telling lies and he would be proven innocent in a $2.5bn Arms deal corruption case against him. Speaking in Zulu...