insert_link Africa Polls open in Malawai presidential election Voters queue at the Civic Centre polling station in the capital Lilongwe for Malawi's presidential and parliamentary elections on 16 September 2025 (Photo: Amos Gumulira/AFP) Polls have opened in Malawi as voters head to the polls for the presidential election on 16 September. The incumbent president and his predecessor are competing for a second term in a closely contested race. The southern African nation is facing an economic crisis marked […] today16 September, 2025
insert_link South Africa DA Warns of Economic Risks as S.A. GDP Growth Slows In S.A, the DA says the weak 0.6-percent gross domestic product growth rate in the fourth quarter of 2024 is a warning sign that unless urgent action is taken, the country will continue to slide deeper into economic decline. Statistics South Africa attributed the growth to, among others, an increase of 17.2-percent in the agriculture, forestry, and fishing industries. The DA’s, Mark Burke, says the economy is clearly in crisis, […] today5 March, 2025
insert_link Business / Economics Labor Expert Weighs In On NSA Unemployment Stats release According to the Statistics Agency, the local unemployment rate now stands at 36.9%, compared to 33.4% in 2018. Statistician General Alex Shimuafeni announced the figures yesterday: For comment, Labor Analyst Herbert Jauch: Josef Kefas Sheehama, an Economics and Business Researcher, raises concerns about the accuracy of unemployment data, questioning survey definitions and government use for planning. Commenting on a social media post, the expert cautions that the rising unemployment […] today30 January, 2025
insert_link Africa Ghana’s Economic Crisis Dominates Election Campaign Public frustration over Ghana's economic struggles, including soaring prices and high unemployment, has overshadowed the lead-up to Saturday's general election. CNBCAfrica reports that support for outgoing President Nana Akufo-Addo and his New Patriotic Party has waned, as the country faces its worst economic crisis in decades. Protests over the cost of living and turmoil in key industries, such as cocoa and gold, have further fueled discontent. today5 December, 2024
insert_link Business / Economics Economist Urges Reforms as South Africa’s GDP Shrinks by 0.3% In S.A, North-West University Business School economist, Raymond Parsons, has called for urgent economic reforms following the disappointing gross domestic product growth figures for the third quarter, when it decreased by 0.3-percent. Parsons calls for more investment and faster reforms from both the public and private sectors to drive job-rich growth and improve the economy: today4 December, 2024
insert_link South Africa Cosatu Expresses Disappointment with S.A’s Treasury’s Economic Strategies S.A union, Cosatu says it remains underwhelmed and disappointed by the Treasury’s continued approach to tackling South Africa’s deep-seated economic and governance crises. The union federation was responding to the Medium-Term Budget Policy Statement. Cosatu’s, Matthew Parks, says the fundamental challenges facing the nation are a stagnant economy and a rising unemployment rate of 42.6-percent: today31 October, 2024
insert_link Africa Nigeria under cost of living pressure: 8 essential reads on rising tensions By Adejuwon Soyinka, The Conversation In recent times, Nigeria, Africa’s largest democracy, has been under intense pressure. Assailed by rising inflation, food insecurity and the rising cost of fuel and energy, Nigerians have had to endure diminished purchasing power, hunger and youth unrest. These factors have led to agitations by various segments of society, including demands for higher wages by government workers. At The […] today1 August, 2024
insert_link Business / Economics Egypt raises fuel prices as part of IMF-backed reforms Egypt announced Thursday a 15-percent increase in petrol prices, part of a reform package requested by the International Monetary Fund to proceed with a $5 billion loan to the cash-strapped government. The Egyptian petroleum ministry said the price hike would come into effect on Friday. The announcement comes ahead of an IMF meeting on Monday to review the April payout package, unlocking $820 million in funds after […] today25 July, 2024
insert_link Africa The IMF is failing countries like Kenya: why, and what can be done about it By Danny Bradlow, University of Pretoria The recent Kenyan protests are a warning that the International Monetary Fund (IMF) is failing. The public does not think it is helping its member countries manage their economic and financial problems, which are being exacerbated by a rapidly changing global political economy. To be sure, the IMF is not the only cause of Kenya’s problems with raising […] today3 July, 2024
