Home » Posts tagged with » Economy Growth

Mutharika Says Economy To Grow By 6 Percent in 2019

Mutharika Says Economy To Grow By 6 Percent in 2019

Malawi’s economy will grow by as much as 6 percent in 2019 from a 4 percent expansion expected in 2018, President Peter Mutharika said on Friday, in remarks ahead of the presentation of the national budget in parliament. Malawi, which is heavily reliant on financing from foreign donors, mostly Britain, other European Union countries and […]

South African Tourism Has “Huge Growth Potential”: Minister

South African Tourism Has “Huge Growth Potential”: Minister

South Africa will speed up visa processes and lure major conferences in an effort to boost foreign arrivals by 40 percent by 2021, said its tourism minister. The new measures are part of a goal to attract five million additional travellers – four million international tourists and one million extra local holiday trips and will […]

Sub-Saharan Africa To Grow At A Slower Rate This Year, World Bank Says

Sub-Saharan Africa To Grow At A Slower Rate This Year, World Bank Says

The economy of sub-Saharan Africa is seen growing more slowly this year than previously forecast, largely due to weak investment and productivity, the World Bank said on Wednesday. In a report, it forecast growth in the region to be 2.4 percent in 2017, down from the 2.6 percent that it projected in April. But growth […]

Nigeria Needs Aggressive Tax Revenue Generation to Drive Growth

Nigeria Needs Aggressive Tax Revenue Generation to Drive Growth

The Minister of Finance, Kemi Adeosun, says Nigeria needs to focus on aggressive tax revenue generation to drive economic growth. A statement signed by Festus Akanbi, Mrs. Adeosun’s media aide, said the minister gave the advice during a Finance Ministers ‘ meeting convened by the G 24 Group at the ongoing IMF/ World Bank Spring […]