September 22, 2016/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund, issued the following statement today at the conclusion of her participation in a United Nations High-Level Panel on “Women Economic Empowerment” on the sidelines of the UN General Assembly: “It is a great pleasure to participate in […]
Updates
Africa nominates Zimbabwe’s Tourism and Hospitality Industry Minister, Dr Walter Mzembi, as continent’s candidate for the post of UN – WTO Secretary General
September 22, 2016/ New Africa Magazine African nations have nominated a Zimbabwean, Dr Walter Mzembi, as their candidate to become the new head of the United Nations World Tourism Organisation (UN – WTO) (www.UNWTO.org/en). Should Mzembi get this post, it will be the first time in the organisation’s 43-year history that an African […]
South Africa holds repo rate, lowers inflation forecasts
September 22, 2016/Reuters South Africa’s Reserve Bank kept its benchmark repo rate unchanged at 7 percent on Thursday, with a weak economic growth outlook balancing out its concerns about the inflation trajectory. The bank’s Monetary Policy Committee (MPC) revised its forecast for growth in Africa’s most industrialised country to 0.4 […]
