Tag Archives: GDP

More than half of the people in South Africa live in poverty – study

The results of a government survey show that over half of the population of South Africa lives in poverty in the wealthiest African nation. The national agency Statistics South Africa conducted the survey in 2009 and released the results on … read more »

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At What Rate Is Ethiopia Growing? The IMF Vs. Ethiopia

By Eskinder Haile The IMF Vs. Ethiopia Alternative Methods Of Measuring Economic Growth ” If all economists were laid end to end, they would not reach a conclusion.” -George Bernard Shaw Ethiopia is clearly booming, not only the Ethiopian government … read more »

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Could China’s slowdown mark the end of Africa’s decade of growth?

By Barbara Njau, Senior Reporter at fDi Magazine, fDi Intelligence Sub-Saharan Africa’s accelerated economic growth over the last decade has been well documented. Feted as the next boom market, especially with the backdrop of the economic slowdown in the West, … read more »

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Africa innovations: 15 ideas helping to transform a continent

Guardian Reporters Bright ideas: A cellphone database for dairy farmers and a strain of sweet potato that can help fight child blindness. These are just two of the imaginative new ideas that are tackling Africa’s old problems 1. Hippo water … read more »

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‘Nigeria’s economy third fastest growing in the world’

ABUJA – Despite security challenge posed by the Boko Haram sect and other issues, Nigeria’s economy recorded an unprecedented growth as it is said to be the third fastest growing economy in the world. Briefing State House correspondents after yesterday’s … read more »

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Europe on the Brink

Vladimir NESTEROV At the moment, it is open to debate whether the Greek default is a fairly inescapable outcome or an accomplished fact, but, clearly, getting the Greeks out of trouble is not the point for those who handle the … read more »

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Press Statement by the IMF Mission to Tanzania

An International Monetary Fund (IMF) mission, led by Mr. Peter Allum, visited Dar es Salaam during March 1–14, 2012 to conduct discussions for the fourth review under the Policy Support Instrument (PSI).1 The mission met with Finance Minister Mkulo, Bank … read more »

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Ghana at 55 – poised for a great leap forward?

By Nana Ampofo at Songhai Advisory Ghana marked 55 years of independence from colonial rule on 6 March 2012 – “no mean achievement” in the life of any nation, according to President John Evans Atta Mills speaking at the national … read more »

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IMF Executive Board Concludes 2011 Article IV Consultation with Nigeria

ABUJA, Nigeria, February 28, 2012/African Press Organization (APO)/ — On February 22, 2012, the Executive Board of the International Monetary Fund (IMF) concluded the 2011 Article IV consultation with Nigeria.1 Background Economic growth remains strong in Nigeria, with non-oil real … read more »

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IMF Executive Board Concludes 2011 Article IV Consultation with Namibia

WINDHOEK, Namibia, February 9, 2012/African Press Organization (APO)/ — On February 6, 2012, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Namibia.1 Background The Namibian economy rebounded strongly in 2010 following the mild … read more »

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IMF Executive Board Concludes 2011 Article IV Consultation with Algeria

ALGIERS, Algeria, January 30, 2012/African Press Organization (APO)/ — On January 11, 2012, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Algeria on a lapse of time basis.1 Background Despite an uncertain international … read more »

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IMF Executive Board Concludes 2011 Article IV Consultation with Kenya

NAIROBI, Kenya, January 18, 2012/African Press Organization (APO)/ — On December 9, 2011 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Kenya.1 Background Kenya’s economy has continued to expand, but high inflation and … read more »

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Ethiopia One of the Saddest Countries in the World?

Last week Forbes Magazine, in its list of the happiest and saddest countries in the world, disclosed that we are one of three saddest nations in the world. The recently released 2011 index, billed as an “inquiry into global wealth … read more »

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SA apathetic over Swaziland debt crisis

South African authorities this week appeared to be unconcerned about the effect Swaziland’s debt crisis may have on the country and the rand. An International Monetary Fund (IMF) report stated last week that Swaziland might be close to financial collapse, … read more »

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Toronto the most miserable city in Canada: study

Bigger may not be better after all. A study conducted by the Canadian Centre for the Study of Living Standards has concluded what many Canadians have long believed: That Toronto is the most miserable city in the country. Despite having … read more »

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