economy

Trump induced recession fear makes markets nosedive

BY BLOOMBERG / CONTRIBUTOR. STOCKS NOSEDIVE AMID FEARS OF A TRUMP-INDUCED RECESSION Markets dropped Wednesday as the president’s trade wars weigh on global economic growth. By VANITY FAIR Donald Trump Read More

Zimbabwe crisis deepens under President Emmerson Mnangagwa

Zimbabwe has struggled since longtime ruler Robert Mugabe’s reign came to an end in 2017. Analysts describe President Emmerson Mnangagwa’s first year in office as a period of indecisive and Read More

‘This is hell’: Zimbabweans say economy is worse than ever

CORRECTING PHOTO DATE TO JULY 23 – Due to lack of electricity, Learnmore Mavhura, right, helps his 9-year old nephew Lionel, left, do his homework by candlelight at a roadside Read More

Uganda’s current account deficit rises, to exceed $3bln

The 600MW Karuma hydropower plant is among projects linked to significant volumes of imported equipment in Uganda. PHOTO | MORGAN MBABAZI | NMG By THE EASTAFRICAN Uganda’s current account deficit Read More