Economy

Reserve Bank Governor Gideon Gono has decided to slash three zeroes from the amount printed on currency notes and issue new notes in a bid to tackle the world's fastest shrinking e...

Off to a strong start, 2005 is set to be both eventful and decisive for Africa's economies. Firstly, the International Monetary Fund is forecasting gross domestic product (GDP) gro...

The International Monetary Fund's forecast of average growth of 5.8 per cent for sub-Saharan Africa this year is the region's best out-turn for 30 years. The bigger question is how...

Alongside Côte d'Ivoire's horrific descent into civil war has been the almost equally devastating economic fall out and its effects on lives and jobs. Several major factories have ...

For many Africans, the new year confirms the most pessimistic forecasts of economic gloom. Nigerians face a 50 per cent increase in fuel prices, South Africans must cope with a cur...

World Bank President Jim Wolfensohn, together with internationalist anti-debt campaigners, will get joint credit if the Bank and the international Monetary Fund's Heavily Indebted ...

The Union Economique et Monétaire Ouest-Africaine (UEMOA), the economic and monetary union of the eight West African states of the Franc Zone, is nine months away from a brave expe...

Fending off a globalised recession is top of the agenda for world financial leaders gathering in Washington for the annual meeting of the World Bank and International Monetary Fund...

Most of Africa’s 18 stock markets are well insulated from successive financial crises in East Asia, Russia and now, Brazil. Africa’s biggest worries are in its most open and most l...