Tag Archives: economy

Luanda, Angola | AFP |  Angolan President Joao Lourenco on Monday denied “any tension” with his long-serving predecessor Jose Eduardo dos Santos, many of whose relatives and friends he has sacked from public office in a fight against corruption in the oil-rich southern African nation. In November, within three months …

Khartoum, Sudan | AFP |  Hundreds of Sudanese students from the University of Khartoum threw stones at anti-riot police Monday on a third day of protests against soaring bread prices, an AFP correspondent reported. Bread prices more than doubled last week as flour manufacturers raised prices on dwindling wheat supplies …

Khartoum, Sudan | AFP | A student was killed in Sudan on Sunday during protests against soaring bread prices, officials and witnesses said. Protests broke out in areas of war-torn Darfur and Blue Nile states as well as the capital Khartoum with demonstrators burning tyres and blocking roads and police …

Khartoum, Sudan | AFP |  Police fired tear gas on Saturday at groups of students protesting in a central Sudanese town against soaring bread prices, witnesses said, as opposition parties called for anti-government demonstrations. Bread prices almost doubled on Friday across Sudan after flour manufacturers raised prices amid dwindling supply …

Washington, United States | AFP | The US economy’s job creation ability disappointed in December, despite solid hiring in manufacturing and construction, according to government data reported Friday. But with the country believed to be near full employment, the jobless rate still held steady at its 17-year low of 4.1 …

Doha, Qatar | AFP | Qatar has approved legislation allowing 100-percent ownership for foreign investors in most sectors of the economy in a bid to boost non-energy revenues, the government said on Thursday. The move comes at a time of political crisis in the Gulf, with Qatar under an economic and …

Key indicators remain largely unchanged Kampala, Uganda | JULIUS BUSINGE | 2017 appears to have been a good and bad year for Uganda’s economy even as key indicators remained largely unchanged. Bank of Uganda’s monetary policy tamed inflation to below the set target of around 5% as well as stabilised exchange rate …

Paris, France | AFP |  International Monetary Fund chief Christine Lagarde has urged France and other countries to push through reforms “while the sun is shining” on the global economy. In an interview with France’s Le Journal du Dimanche published Sunday Lagarde said the strength of the global economic recovery …

London, United Kingdom | AFP | The Economist named France as its country of the year on Thursday, saying new President Emmanuel Macron had upset the odds to strike a victory for open societies and reform. The London-based weekly news magazine said the battle between open and closed visions of society …

Brazzaville, Congo | AFP | A team from the International Monetary Fund on Thursday wound up a mission to the Republic of Congo by expressing concern at debt and corruption before considering any bailout. “Congo’s economy continues to suffer from the effects of low oil prices, unsustainable debt, and significant governance …