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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Economic Reform

5 Results / Page 1 of 1

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South Africa

DA says the latest unemployment figures attest to its commitment to South Africans

The DA says the latest unemployment figures attest to its commitment to South Africans, sustainable, inclusive economic growth, and meaningful job creation. StatsSA’s latest Quarterly Labour Force Survey reveals a decrease in the unemployment rate from 33.5-percent to 32.1-percent. However, youth unemployment continues to sit high at 43.2-percent. The DA says this green shoots in jobs numbers must accelerate economic reform including breaking Eskom’s power monopoly and addressing weak service […]

todayNovember 13, 2024 15

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South Africa

South Africa’s Deputy President Outlines Steps to Boost Foreign Investment and Economic Reform

South Africa's Deputy president Paul Mashatile says the government has implemented several steps to stimulate foreign investment including simple tax rules, and a competitive regulatory framework. He answered questions in the National Assembly yesterday on a range of issues including the economy, the water crisis, and challenges in municipalities. Mashatile says the government of national unity intends to continue with fundamental economic reform and improve the business operating environment:  

todayNovember 1, 2024 11

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Africa

Ethiopia eases forex curbs as it awaits crucial bailout

      By Aymeric Vincenot     Ethiopia said Monday it is easing foreign exchange curbs as part of a broader economic reform package, as the deeply-indebted nation awaits a multi-billion dollar bailout from international lenders. The value of the local currency, the birr, slid by around 30 percent against the dollar after the announcement of the measures by the central bank. "The reform introduces a competitive market-based determination […]

todayJuly 29, 2024 10

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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 […]

todayJuly 25, 2024 10

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