Day: October 18, 2020

President Cyril Ramaphosa unveiled a plan on Friday, to return South Africa’s economy back on track by focusing on massive public works and job-creation. Following a record gross domestic product (GDP) contraction in the second quarter, Ramaphosa said that his plan will unlock more than 60 billion dollars in investment in the next four years…

Zimbabwe’s average annual inflation rate will drop to 134% in 2020, according to a new report published by the Ministry of Finance. The Southern African country has been grappling with dire economic declines for more than ten years, with runaway inflation hitting the 659.4% mark in September. As a result, there have been severe shortages…