South Africa will not move into the light until the social value of access to electricity is affirmed.
The IMF recently published the conditions attached to a newly agreed programme with Zambia. The IMF wants Zambia to reduce expenditure in the billions of dollars between now and 2025 and the austerity measures, which will hurt the poor make for very sad reading.
Academics provide their insights into the state of the country’s economy, Ruto’s economic promises and what to expect.
Kenya is struggling with its public debt, a heavy burden to the long-suffering citizens. Debt servicing currently sits at 65% of the total national budget. For every 100 shilling that the government has been collecting, 65 shillings has been going to debt repayment. As the debt spirals out of control, the corresponding poverty level is rising sharply.
Zimbabwe’s central bank should focus on tackling the underlying drivers of inflation rather than blaming the war in Ukraine.
A 170-carat pink diamond believed to be one of the largest rough diamonds globally has been found in Angola. The diamond was named the “Lulo Rose” because it was recovered from the Lulo alluvial mine.
The deal that Zambia strikes with its many international creditors could set a precedent for Africa.
Ghana hasn’t been able to withstand economic shocks or manage its debt because it hasn’t dealt with structural economic problems.
There are links between the #EndSARS protests and greater engagement among young Nigerians in the electoral process.