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‘Ramaphoria’ Evaporates as Reality Sets In for South Africa

‘Ramaphoria’ Evaporates as Reality Sets In for South Africa

If there were any doubts that the euphoria following Cyril Ramaphosa’s election as president of South Africa has worn off, this week’s slump in the rand has removed them. The currency has plunged to a level last seen when Jacob Zuma was still in charge, having retreated from a three-year high against the dollar amid […]

President Buhari Soon To Sign African Free-Trade Agreement

President Buhari Soon To Sign African Free-Trade Agreement

Nigeria is one of Africa’s two largest economies, the other being South Africa. Buhari’s government had refused to join a continental free-trade zone established in March, on the grounds that it wishes to defend its own businesses and industry. The administration later said it wanted more time to consult business leaders. “In trying to guarantee […]