south africa economy

S&P Cuts South Africa’s Credit Rating to Junk

S&P Global has cut South Africa's credit rating to junk status. The ratings agency said that South Africa’s political upheaval,…

8 years ago

South Africa: Jacob Zuma Names Third Finance Minister in a Week

South Africa’s President Jacob Zuma has announced he is replacing newly appointed Finance Minister David van Rooyen with Pravin Gordhan.…

9 years ago

Nigeria is Africa’s biggest economy following GDP rebasing

Nigeria has become Africa's biggest economy after rebasing its GDP, leaving South Africa behind. Nigerian GDP (Gross Domestic Product) now…

11 years ago