Economy

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

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 -...

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 the...

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...

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)...

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...

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...

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 Poor Country initiative makes...

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...