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Economy

 

news by category: Economy

Found 87 articles.

Displaying 71-80 out of 87 results.

The clock turns back

He came to power in 2005 with a reputation as a nationalist bruiser with hardline views and a dubious past of Marxist policies and human rights abuses. Since then, President Armand...


Africa's new debtors

As Western campaigners congratulate themselves on achieving the cancellation or reduction of African countries' foreign debts, the grateful recipients are seeking new ways to borro...


Stop thief

British High Court Justice Peter Smith has found that ex-President Frederick Chiluba stole US$46 million of state funds from Zambia between 1991 and 2002 (AC Vol 46 No 20). In a 22...


Enter the capitalists

The World Bank and IMF are bullish about African economic growth in 2007, predicting rates of 5.3% and 5.9% respectively

Africa's economies were buoyed by international conditions, improved domestic policies, increased exports to China and high commodity prices. However, African economies are more se...


Powering up

Overseas investment in aluminium helps the Eastern Cape and requires more investment in power

Alcan is to build a US$2.7 billion smelter at the Coega Industrial Development Zone (IDZ) in South Africa's Eastern Cape. This could salvage the Zone's faltering fortunes - and the...


Forget the politics, say advisors

An overpriced rand and government protectionism block foreign direct investment and economic growth. That is the view of a team of Harvard University economists, who are advising t...


Zapping the zeroes

Despite a chaotic currency change, its architect Gideon Gono remains the President's close ally

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...


Aid, trade and reform

Hopes are high for faster growth this year as G8 countries promise more backing for Africa

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...


Displaying 71-80 out of 87 results.