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south africa economy Business 

Surprise Growth Makes South Africa’s Economy Bigger Than Before Pandemic Struck

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  (Bloomberg) — South Africa’s economy is bigger than before the coronavirus pandemic struck, after growing faster than expected in the third quarter on increased farm output. Gross domestic product expanded 1.6% in the three months through September, compared with a contraction of 0.7% in the previous quarter, Statistics South Africa said Tuesday in a report released in the capital, Pretoria. The median of 12 economists’ estimates in a Bloomberg survey was for growth of 0.4%. The economy grew 4.1% from a year earlier. Full-year growth may also surprise on…

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The COVID-19 case has increased to 2M+ globally. The rising death toll is over 145,000, collapsing economies while leaving the most vulnerable without food and shelter. Yet in the wake of the global pandemic, the president of the United States, Donald Trump, has put a stop to the US' financial support to the WHO. Trump justifies halting aid to the WHO on claims that it is "China Centric." It raises enormous questions about the ability of the WHO to curb the virus at a time with insufficient funding with the proliferation of a virus to which there is no cure. This, given the escalation of the situation, gives no hope for our ability to overcome the virus. Op-ed 

Post COVID-19-Economic Recovery & the potential threats to environmental sustainability

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    The Editor, The COVID-19 case has increased to 2M+ globally. The rising death toll is over 145,000, collapsing economies while leaving the most vulnerable without food and shelter. Yet in the wake of the global pandemic, the president of the United States, Donald Trump, has put a stop to the US’ financial support to the World Health Organization or WHO. Trump justifies halting aid to the WHO on claims that it is “China Centric.” It raises enormous questions about the ability of the WHO to curb the virus…

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Weah: “What was damaged during the 14 years of civil war,” he said, “cannot be fixed in a day’s time. This government is focused on rehabilitating Liberians whose lives were damaged. I want you not to join those who are undermining the country through protests. Join me to rebuild the country.” As part of his development plans, President Weah said the government was exerting efforts to change the lives of Liberians, by building concrete homes in place of the huts they have been living in over so many decades. Op-ed 

Liberian economy looted by Tweah on order of Weah

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    The Editor, Samuel Jackson and others want us to believe that a George Weah government has the credibility to print new banknotes in the sum of 35billion and use such amount to replace current Liberian dollars in circulation. They say such a government which is inundated with scandal, scandal, and scandal can do so without increasing the money supply through the dubious infusion of newly printed notes. And thus, avoiding the escalation of the inflation crisis as we will not have billions of LD chasing a small supply…

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The Minister, with no higher level public service experience in planning and development prior to this job, boasted he could take President William V.S. Tubman plans of the 1950s and build a nation like the United States. Op-ed 

Hanging on Thin Rope: Salary Harmonization or Salary Cut?

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      In this first edition of my new writing series titled “Under The Sycamore Tree”, I hereby present this brief but strong case on behalf of approximately 70,000 civil servants in Liberia. This case has 3 basic parameters, namely: economic, legal, and logical. The new ruling class was overwhelmingly voted for by civil servants in December 2017. Their ‘Change for Hope’ slogan became so popular and enchanting among members of the working poor of Liberia. After just 18 months, this ‘Change for Hope’ mantra has completely lost essence…

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It has become a pungent phenomenon in the history of humanity that discredited regimes faced with the heroic defiance of a mobilized people against all the filths and dirty tricks of the establishment, fearing that playing hardball would lead to its decisive crushing under the revolutionary weight of the enraged masses, agents of such bankrupt order would collapse into political posturing and dangle before the people a call for unity and dialogue—an inglorious pretext meant to save the neck of the regime from the noose in order to continue the spree of social domination. Business News 

George Weah Call For Roundtable Talks On Economy Absurd

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  Resistance 10– George Weah Calls for a roundtable on the economy: an infantile hot air beyond absurdity   The Editor,   It has become a pungent phenomenon in the history of humanity that discredited regimes faced with the heroic defiance of a mobilized people against all the filths and dirty tricks of the establishment, fearing that playing hardball would lead to its decisive crushing under the revolutionary weight of the enraged masses, agents of such bankrupt order would collapse into political posturing and dangle before the people a call…

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Business News 

Five ways to revive Zimbabwe’s economy

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Current events in Zimbabwe show that while a week may be a long time in politics, it is really a very short blink of an eye in economics. Zimbabweans on the streets of Harare and Bulawayo may be hopeful for political change, but they are much more sanguine and realistic when it comes to improving the country’s economy. Presidents can be impeached in days or weeks. It takes years to wreck economies and usually even longer to repair them. So, will Emmerson Mnangagwa be able to take Zimbabwe’s economy off…

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Business Editor's Desk News 

Arts and culture, an alternative to grow African economies

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By Dasmani Laary Economic Community of West African States (ECOWAS) governments have been urged to shift their focus from timber, cocoa and minerals exports, and introduce relevant polices and funding into arts and culture to rapidly expand their economies. “Giving meaning to the role of arts and culture manifested in traditional music, dance, clothing and drama can earn countries billions of dollars to spur growth and create jobs,” culture experts meeting in Ghana’s capital, Accra said. Culture is a powerful tool for poverty eradication, helping to meet the ambitious goal…

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Business 

Liberian Central Bank Announced Stimulus

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By George Kennedy The Central Bank of Liberia (CBL) has announced a major financial sector stimulus reducing interest rates on existing stimuli with banks for Liberian businesses and paying off the outstanding loan obligations of all private schools, from kindergarten through high school. According to the CBL, the commercial banks have already provided the CBL with the list of schools and the amounts involved. In a special statement on the impact of the Ebola virus disease (EVD) on the economy on yesterday, CBL Executive Governor Dr. J. Mills Jones said…

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Business News 

Liberia’s Central Bank Chief Speaks on Economy

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By Calvin Brooks MONROVIA (LINA) – The Executive Governor of the Central Bank of Liberia (CBL), Dr. J. Mills Jones, has cautioned that any attempt to restrict the dual currency regime currently in place will worsen inflation in Liberia. Governor Jones made the statement Friday night at a dinner to climax a week celebration organized by the Liberia Bankers Association at the Monrovia City Hall. Jones observed that countries which have minted their own currencies are faced with serious inflation problems as a result of the unfavorable exchange rate of…

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