South Africa economy

African economy shows no sign of recovery in 2016

The sub-Saharan African economy could face a serious decline in 2016, far behind the rest of the economies in the world.

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Investment in South Africa might provoke additional risk

South Africa's economy, which was once considered a darling among foreign investors, have slumped over the previous 18-month period. Market experts view the current economic situation as a major risk factor for further investment in the country.

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Zimbabwe purchases corn from Ukraine and Zambia as poor rainfall fails harvest

Zimbabwe purchased nearly 650,000 metric tons of corn from Ukraine and Zambia following a poor harvest. Dry climate has also limited grains output in Zambia, where the harvest is anticipated to fall nearly 30% in 2016.

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