South Africa’s economic outlook is deteriorating rapidly, with unrest in the mining sector and national transport strikes likely to lead to job losses, central bank governor Gill Marcus said on Wednesday. Speaking to economics students in Grahamstown in the Eastern Cape province, Marcus also warned that the country faced a […]
Author: InvestAdvocate
Niger to invest $620 mln in agriculture in 2012-13 season
Niger will invest nearly $620 million dollars in agriculture during the 2012-13 growing season, a figure equivalent to just over 20 percent of this year’s budget, the government said. Landlocked Niger, which straddles the south of the Sahara desert, has faced chronic food shortages due to poor rains and failed […]
Nigeria naira firms on offshore investors’ dollar flow
Nigeria’s naira firmed against the U.S dollar on the interbank market on Wednesday, supported by dollar inflow from offshore investors buying local debt and waning demand for hard currency, traders said. The local unit strengthened to 157.25 to the dollar, firmer than the 157.39 it closed at on the previous […]
