AfCFTA could boost African incomes by 9%, says World Bank report

Full implementation of the African Continental Free Trade Agreement (AfCFTA) could increase FDI by up to 159%, with positive impacts for trade and incomes. Charles Dietz Reforms set in motion by the implementation of the African Continental Free Trade Area (AfCFTA) could lead to a rise in foreign direct investment (FDI) that would boost incomes

The Five Richest Countries in Africa for 2021

A trivia compilation by Rev Walter Mwambazi Here are the five richest countries in Africa according to GDP-PPP from bottom up for 2021 #5. Gabon $16,559*#4. Botswana $17,163*#3. Equatorial Guinea $18,698*#2. Mauritius $22,311*#1. Seychelles $28,060* As can be seen, Seychelles has more than double the earning capacity and wealth than South Africa factoring in the

Building Bridges

Yohane Mbeeya Moono Zambia my country which has enjoyed political sovereignty for 58 years now but still grapples with a lot of poverty. For far too long, we apportioned the blame for our predicament to the Imperialist. But truth be told, in the 21st Century, we have stayed for too long as a sovereign state

President Hakainde Hichilema Targets Single-Digit Inflation

The dividends of our ongoing macro-economic stabilization programme have started yielding positive results. One critical fundamental that has so far responded positively is the inflation rate, which has reduced to 15.1 percent in January 2022 from 16.4 percent recorded in December 2021. On track to achieving a single-digit inflation rate by the end of the

EuroBonds vs Brentwood Institutions (IMF and World Bank)

By Yohane Mbeeya Moono The August elections brought a serious debate on the state of the Zambian economy and the future of the country’s Economic Transformation and Development. The biggest issue has centred around which source of financing the capital projects in the country is better. Looking at the conditions of the such financial Institutions