(sometimes referred to as African Championship of Nations or CHAN ) is a football tournament which was first announced on 11 September 2007. It is administered by the Confederation of African Football (CAF) and is played between the best national teams of Africa, exclusively featuring players who are active in the national championships…
Pretoria (AFP) - South Africa s gross domestic product slowed to a disappointing 1.3 percent in the first months of 2015, official data showed Tuesday, as rolling power cuts dampened manufacturing output. The figure announced by Statistics South Africa was sharply below growth of 4.1 percent in the last quarter of 2014 as the…
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A woman carries fruit to sell in the market in Lagos, Nigeria. Photograph: Sunday Alamba/AP Two years ago Ghana s statistical service announced it was revising its GDP estimates upwards by over 60%, suggesting that in the previous estimates about US$13bn worth s of economic activity had been missed. As a result, Ghana was suddenly…
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Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44, 344, ), 471, 442 sq mi (1, 221, 037 sq km), S Africa. It borders on the Atlantic Ocean in the west, on Namibia in the northwest, on Botswana and Zimbabwe in the north, on Mozambique and Swaziland in the northeast, and on the Indian Ocean…
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The right kind of interventionism by C.W. | LONDON SUB-SAHARAN Africa (SSA) can be a great place to do business. Mauritius is 20th on the World Bank’s “Doing Business” 2013 ranking. Rwanda is a better place to do business than France, a country with a per-capita GDP about 61 times higher. Another report from the bank shows that…
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Emerging markets in Asia and Africa still reign supreme: They re at the top of global growth projections over the next two years. The world is expected to grow 3.2 percent in 2015 and 3.7 percent next year after expanding 3.3 percent in each of the past two years, according to a Bloomberg survey of economists. China, the Philippines…
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Paul Kagame was born in October 1957 in Rwanda’s Southern Province. His family fled pre-independence ethnic persecution and violence in 1960, crossing into Uganda where Kagame spent thirty years as a refugee. Determined to resist oppressive regimes, as a young man, Paul Kagame joined current Ugandan President Yoweri Museveni…
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Annual growth in GDP fell to 1.5% in 2014, but is expected to rebound to 2.0% in 2015, as the large rand depreciation may stimulate an export-led recovery and the global economy gradually improves. The macroeconomic policy framework is expected to remain unchanged, as the governing African National Congress (ANC) won 62% of…
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Since 1994, over US$1-billion has been spent on upgrading and modernising South Africa s textile, clothing and footwear industry, making it efficient and ready to compete internationally. South African market demand increasingly reflects the sophistication of developed markets, and the local textile and clothing industry has…
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