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Tag Archives: economy

Trump sets up stormy G20 with Putin snub

Buenos Aires, Argentina | AFP |  US President Donald Trump headed to Argentina Thursday for a fractious weekend of G20 summitry, cancelling planned talks with the Russian leader and boasting that his trade war with China was paying off. Rumblings of resistance to Trump’s assault on the international order were …

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BUDGET: Zimbabwe to cut govt salaries to curb spending

  Harare, Zimbabwe | AFP | Zimbabwe’s new finance minister Mthuli Ncube announced a five-percent cut to senior government officials’ salaries on Thursday in a bid to mend the shattered economy. Ncube’s budget also set out plans for the biometric registration of civil servants to weed out “ghost” workers who …

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DOS SANTOS: I did not leave the Angola state coffers empty

Former Angolan president rejects he left state coffers ’empty’ Luanda, Angola | AFP |  Former Angolan president Jose Eduardo dos Santos on Wednesday refuted allegations by his successor Joao Lourenco that he left the country’s finances “empty”. The row comes just over a year after Dos Santos stepped down in …

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Angola still waiting for promised ‘economic miracle’

Luanda, Angola | AFP | “Things are going badly,” said Delta, sitting on a stool and glancing at a bag stuffed with Chinese mobile phones. As one of scores of traders trying to legally sell her wares in one of Luanda’s most famous markets, known as “The Congolese”, the 32-year-old …

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Now, S.Africa’s ex-president Zuma backs fired tax boss

Johannesburg, South Africa | AFP |  South Africa’s former president Jacob Zuma on Tuesday threw his weight behind the ex-head of the country’s tax collection agency who was recently sacked by President Cyril Ramaphosa. The move pitted Zuma directly against his successor Ramaphosa, who came to power in February when …

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