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  • 02:08 Egypt's Prime Minister Paints A Grim Review Of The Country's Performance

    Egypt's Prime Minister Paints A Grim Review Of The Country's Performance

    by Headlines Africa Added 342 Views / 0 Likes

    Egyptian Prime Minister Sherif Ismail, has presented a government report to parliament. It's a constitutional obligation, through which the House of Representatives evaluate the Cabinet's progress. Technically parliament can reject what many in Egypt see

  • 04:01 Nigerians Urged To Buy Local Products To Revive Struggling Economy

    Nigerians Urged To Buy Local Products To Revive Struggling Economy

    by Headlines Africa Added 379 Views / 0 Likes

    Nigerian government officials are pushing a "Buy Nigeria" products campaign in a bid to help deal with an economy struggling due to a slump in global oil prices. The falling Naira means imports just got more expensive and it has become necessary for Niger

  • 00:39 Inflation In Nigeria Climbs To 12.8% On Tougher Economy

    Inflation In Nigeria Climbs To 12.8% On Tougher Economy

    by Headlines Africa Added 295 Views / 0 Likes

    Nigeria's March inflation rate climbed to 12.8%, the highest in almost four years. The sharp rise is attributed to a collapse in crude prices, which has slashed government revenues, weakened the currency and slowed growth. The country's statistics bureau

  • 02:51 Zimbabwe's Growth To Slow In 2016 As Effects Of A Drought Bite

    Zimbabwe's Growth To Slow In 2016 As Effects Of A Drought Bite

    by Headlines Africa Added 326 Views / 0 Likes

    The fate of Zimbabwe's economic growth in 2016 hangs in the balance. The Southern African country could see growth slowed as the impact of a drought and a contentious empowerment deadline takes effect. Zimbabwe gave foreign owned companies up to march 31

  • 02:55 South Sudan Economy Banking On Peace Efforts

    South Sudan Economy Banking On Peace Efforts

    by Headlines Africa Added 462 Views / 0 Likes

    Lindy Mtongana talks live with CCTV Africa reporter Robert Nangila in South Sudan on the economy of the country. Looking at how economy has taken major hits due to the conflict and what the return of opposition leader Riek Machar in Juba means for the sta

  • 02:00 Seaweed Farmers In Trouble As Zanzibar's Economy Struggles

    Seaweed Farmers In Trouble As Zanzibar's Economy Struggles

    by Headlines Africa Added 383 Views / 0 Likes

    Zanzibar's position as the world's 3rd largest producer of seaweed is under threat. Climate change is warming the waters around the island and that's caused a decline in the volume of Zanzibar's key export earner. Farmers are then hit by a second blow, as

  • 00:46 Volume Of Imports Into Nigeria Decreases

    Volume Of Imports Into Nigeria Decreases

    by Headlines Africa Added 376 Views / 0 Likes

    A drop in the volume of imports in Nigeria has led to a decline in revenue generated in the first quarter of the year. [TAKE VO] At the Lagos seaports, which are the busiest in the country and in West Africa in terms of vessel traffic and cargo, a 21 perc

  • 00:32 DR Congo Government To Slash Spending Due To Low Commodity Prices

    DR Congo Government To Slash Spending Due To Low Commodity Prices

    by Headlines Africa Added 499 Views / 0 Likes

    The Democratic Republic of Congo's government is proposing slashing its 2016 budget by 22%. This is because of low global commodity prices that have led to suspension of some mining activities and closure of some businesses. Congo is Africa's leading copp

  • 01:51 Dlamini Zuma Says Africa Has Had Tremendous Growth

    Dlamini Zuma Says Africa Has Had Tremendous Growth

    by Headlines Africa Added 326 Views / 0 Likes

    The African Union Commission Chairperson Nkosazana Dlamini Zuma, says Africa has seen tremendous growth. In a special Africa Day message, Zuma said most countries have experienced sustained economic growth, improved infrastructure and a reduction in pover

  • 01:51 Dlamini Zuma Says Africa Has Had Tremendous Growth

    Dlamini Zuma Says Africa Has Had Tremendous Growth

    by Headlines Africa Added 388 Views / 0 Likes

    The African Union Commission Chairperson Nkosazana Dlamini Zuma, says Africa has seen tremendous growth. In a special Africa Day message, Zuma said most countries have experienced sustained economic growth, improved infrastructure and a reduction in pover

  • 01:45 Sudan's Foreign Secretary Warns That Country Could Collapse

    Sudan's Foreign Secretary Warns That Country Could Collapse

    by Headlines Africa Added 402 Views / 0 Likes

    Sudan is calling on the United States government to lift sanctions that are affecting all sectors of the country's economy. The US imposed comprehensive economic sanctions in 1997 because of Sudan's suspected links to terrorism then but these were extende

  • 02:27 Uncertainty In South Africa Over Economic Options

    Uncertainty In South Africa Over Economic Options

    by Headlines Africa Added 346 Views / 0 Likes

    Economists are warning that Britain's exit from the European Union could have widespread implications for the global economy over the next three years. Africa has strong trade ties with Europe. Just two weeks ago a new partnership was signed between the E

  • 01:54 South African Labor Unions Meet With  Government To Discuss Economic Policy

    South African Labor Unions Meet With Government To Discuss Economic Policy

    by Headlines Africa Added 373 Views / 0 Likes

    South Africa's economy remains under pressure. Growth rates have been scaled back and unemployment figures continue to climb. Efforts to stave off a credit rating downgrade have been successful meaning that the finance minister now has some much needed br

  • 01:04 Sanctions Crippled Our Capacity To Own Our International Obligations, Zimbabwe's Finance Minister

    Sanctions Crippled Our Capacity To Own Our International Obligations, Zimbabwe's Finance Minister

    by Headlines Africa Added 344 Views / 0 Likes

    Zimbabwe's finance minister Patrick Chinamasa on Sunday blamed international sanctions for the financial meltdown that has forced the government to delay wages of soldiers and civil servants as President Robert Mugabe faces rare popular protests. Speaking

  • 01:27 Uganda’s Economy Shrinks By 1.3%

    Uganda’s Economy Shrinks By 1.3%

    by Headlines Africa Added 369 Views / 0 Likes

    Uganda's economy contracted by 1.3 percent in the third quarter of the financial year ending in June, down from growth of 1.7 percent in the previous quarter. Statistics show that processed output from the farm sector declined, as well as forestry activit

  • 00:39 IMF Grants Morocco $3.5 Billion Credit To Boost Economic Growth

    IMF Grants Morocco $3.5 Billion Credit To Boost Economic Growth

    by Headlines Africa Added 499 Views / 0 Likes

    The International Monetary Fund has granted Morocco a two-year $3.5 billion credit line to boost inclusive economic growth. The fund expects the North African nation to reform its subsidies, pension and taxation systems. It's urged authorities to implemen

  • 01:06 Zimbabwe Imports Fall 13.3%

    Zimbabwe Imports Fall 13.3%

    by Headlines Africa Added 386 Views / 0 Likes

    Zimbabwe's import in the first half of the year has declined by 13.3 percent compared to the previous year. Latest trade statistics shows that the country imported a total of $2.51 billion worth of goods in the first half of the year 2016 compared to $2.9

  • 02:03 Zimbabwe Economic Troubles: Government Urged To Address Several Challenges

    Zimbabwe Economic Troubles: Government Urged To Address Several Challenges

    by Headlines Africa Added 394 Views / 0 Likes

    Zimbabwe's ruling ZANU-PF party is facing a series of challenges. Political analysts say if President Robert Mugabe doesn't address the root causes of the various crises, he may face a tough time come elections in two years' time. CCTV's Farai Mwakutuya h

  • 02:33 Tunisia Looking To New Government For Job Creation, Economy Boost

    Tunisia Looking To New Government For Job Creation, Economy Boost

    by Headlines Africa Added 477 Views / 0 Likes

    The parliament in Tuesday is set to pass a vote of confidence on the new government headed by 40 year old Youssef Chahed within the next two weeks. But as the country struggles with a budget deficit, along with difficulties in various sectors such as tour

  • 01:04 South Africa Waiting On Next Move In Finance Minister Saga

    South Africa Waiting On Next Move In Finance Minister Saga

    by Headlines Africa Added 354 Views / 0 Likes

    South Africans are awaiting the next move in the stand-off between the country's finance minister and the police. Pravin Gordhan had been called to give a statement to police in Pretoria today - but he's refused. The presidency has now released a statemen

  • 01:58 Possible Reshuffle Threatens South African Markets Again

    Possible Reshuffle Threatens South African Markets Again

    by Headlines Africa Added 376 Views / 0 Likes

    Uncertainty plagues South Africa's markets after Finance Minister Pravin Gordhan rejected a summons by elite crime-fighting unit, the Hawks. Analysts say if President Jacob Zuma decides to push the reshuffle button once again, the country's assets could h

  • 02:02 Nigeria Seeks Growth In Non-oil Sectors For Economic Sustainability

    Nigeria Seeks Growth In Non-oil Sectors For Economic Sustainability

    by Headlines Africa Added 382 Views / 0 Likes

    Africa's top economies will be closely watching the G20 summit. Nigeria has embarked on an economic diversification programme designed to raise revenue from non-oil sectors. The latest figures from the country's Economic Policy and Research Centre show gr

  • 01:56 Somalia Central Bank Governor Adamant Financial Institutions Remain Solid

    Somalia Central Bank Governor Adamant Financial Institutions Remain Solid

    by Headlines Africa Added 334 Views / 0 Likes

    Authorities in Somalia's capital Mogadishu are yet to arrest a teller who's accused of stealing over half a million dollars from the central bank coffers. Mohiyadin Mohamed Hassan is the subject of an intense manhunt in Somalia. However, the central bank

  • 01:43 Senegal To Raise Concerns About Economic Growth In Africa

    Senegal To Raise Concerns About Economic Growth In Africa

    by Headlines Africa Added 377 Views / 0 Likes

    Senegal is one of the African countries that will be attending the G20 as a guest. President Macky Sall will travel to Hangzhou in the coming days. Earlier, CCTV sat down with the Senegalese Commerce Minister about the upcoming summit

  • 02:27 Botswana Seeks To Diversify From Diamond-dependent Economy

    Botswana Seeks To Diversify From Diamond-dependent Economy

    by Headlines Africa Added 404 Views / 0 Likes

    Considered one of Africa's most prosperous and stable countries, Botswana owes much of its success to one commodity - diamonds. Through revenue from the precious stone, Botswana has recorded some dramatic increases in national wealth over the past century

  • 00:37 Zimbabwe's Reserve Bank To Set Up Diaspora Remittance System

    Zimbabwe's Reserve Bank To Set Up Diaspora Remittance System

    by Headlines Africa Added 371 Views / 0 Likes

    The Reserve Bank of Zimbabwe has engaged a central bank in the SADC region to help it set up a diaspora remittance system. It's estimated that about three million Zimbabweans work abroad, but don't use formal channels to send funds back home. If migration

  • 01:55 Troubled Angolan Economy Struggles With Wheat Import Costs

    Troubled Angolan Economy Struggles With Wheat Import Costs

    by Headlines Africa Added 369 Views / 0 Likes

    Bread makers in Angola are feeling some relief after months of wheat shortage caused by a persisting forex crisis that slowed imports. The government has started bringing emergency supplies. With revenues from oil down however, the country, which imports

  • 01:56 Uganda's Currency Continues to Fall To The U.S. Dollar

    Uganda's Currency Continues to Fall To The U.S. Dollar

    by Headlines Africa Added 336 Views / 0 Likes

    After months of stability, Uganda's currency has lost ground to the U.S. dollar.The Bank of Uganda says the volatility is due to increased demand for the dollar, especially from the oil sector. On Friday, the shilling was trading at three thousand four hu

  • 01:16 Tanzania  Set To Record 7.2% Growth In 2016

    Tanzania Set To Record 7.2% Growth In 2016

    by Headlines Africa Added 370 Views / 0 Likes

    Tanzania's economy is on track to grow by 7.2% this year, buoyed by investment in mining, transport and gas. President John Magufuli has been leading a campaign to cut waste and end corruption in government since he took office. He says the savings from t

  • 03:08 South Africa & Namibia Leaders Agreed On The Importance Of Cross-border Trade

    South Africa & Namibia Leaders Agreed On The Importance Of Cross-border Trade

    by Headlines Africa Added 362 Views / 0 Likes

    South Africa and Namibia's presidents have highlighted the importance of increased cross-border trade as a catalyst to stimulate economic growth. The two countries are consolidating their efforts to cooperate on various initiatives. President Jacob Zuma h

  • 00:58 40-person Chinese Delegation Due To Arrive In Nigeria

    40-person Chinese Delegation Due To Arrive In Nigeria

    by Headlines Africa Added 428 Views / 0 Likes

    A 40-person delegation from China is due to arrive in Nigeria, after the countries signed $ 70 Billion worth of infrastructure contracts. According to the Centre for the Studies of Economies in Africa, China is the largest trading partner, for African eco

  • 03:20 Nigeria Set To Increase Spending To Bolster Growth

    Nigeria Set To Increase Spending To Bolster Growth

    by Headlines Africa Added 483 Views / 0 Likes

    Nigeria's government aims to spend around $ 21.8 B next year in the hope of bootstrapping its economy out of its first recession in decades. This year, Nigeria's economy is forecast to shrink by anywhere between 1.3% and 1.7%. As Deji Badmus reports, the

  • 03:43 Zimbabwe Reporter Sheds Light On State Of Economy

    Zimbabwe Reporter Sheds Light On State Of Economy

    by Headlines Africa Added 336 Views / 0 Likes

    Host Vincent Makori of VOA's Africa 54 TV program interviewed Zimbabwe Service reporter Marvelous Mhlanga-Nyahuye on the economy, following her interviews with Finance Minister Patrick Chinamasa and Reserve Bank Governor John Mangudya, who are both in Was

  • 02:52 Release Of Controversial Zimbabwe Bond Notes Pushed Back To November

    Release Of Controversial Zimbabwe Bond Notes Pushed Back To November

    by Headlines Africa Added 348 Views / 0 Likes

    Zimbabwe’s central bank has shifted launch dates for local bond notes from October to November. The controversial notes have been the cause of heated debate, with some fearing they could trigger inflation last seen during the Zimbabwe dollar era. The gove

  • 02:33 Mixed Reaction To The Introduction Of Bond Notes In Zimbabwe

    Mixed Reaction To The Introduction Of Bond Notes In Zimbabwe

    by Headlines Africa Added 355 Views / 0 Likes

    Zimbabwe's fragile economy is once again battling cash shortages. Next month the country's Reserve Bank will be introducing bond notes to help alleviate the shortage. Many Zimbabweans are still reeling from the 500 B % inflation that plagued the southern

  • 07:16 Zimbabwe Clears 15 Year Old Arrears With The IMF

    Zimbabwe Clears 15 Year Old Arrears With The IMF

    by Headlines Africa Added 280 Views / 0 Likes

    Zimbabwe has cleared its 15-year-old financial arrears with the International Monetary Fund in a first step towards a new loan program. Zimbabwe settled obligations of about 107.9 million dollars by transferring part of its cash holdings at the IMF to the

  • 01:53 Introduction Of Local Bank Notes Brings Uncertainty In Zimbabwe

    Introduction Of Local Bank Notes Brings Uncertainty In Zimbabwe

    by Headlines Africa Added 344 Views / 0 Likes

    Zimbabwe’s fragile economic situation is sinking to even greater depths. That's amid indications that U.S. dollar denominations are disappearing from circulation. The government has planned to circulate local bond notes, with residents wary of yet another

  • 02:30 EU: Critical Reforms Needed In Zimbabwe

    EU: Critical Reforms Needed In Zimbabwe

    by Headlines Africa Added 356 Views / 0 Likes

    European Union Ambassador to Zimbabwe, Phillip van Damme, says the Zimbabwe government needs to fully implement the Lima Agreement in order to attract the required lines of credit to revitalize the ailing economy. He speaks with Nigel Mugamu of 263Chat. V

  • 02:56 Uganda's Finance Ministry Says Economy Is Stable But Slow

    Uganda's Finance Ministry Says Economy Is Stable But Slow

    by Headlines Africa Added 361 Views / 0 Likes

    Uganda's government says the country's economy is stressed but not in a recession. This follows a new report by the International Monetary Fund (IMF) that shows that Uganda's economy is performing relatively well, but in a complex environment. CCTV's Mich

  • 05:07 Equity Bank CEO Says Bank Can Lend To Any Kenyan Who Needs A Loan

    Equity Bank CEO Says Bank Can Lend To Any Kenyan Who Needs A Loan

    by Headlines Africa Added 746 Views / 0 Likes

    For weeks, after legislators approved a law capping retail lending rates, the Kenya Bankers Association warned that price controls would restrict lending. August's data from the Central Bank, which indicated that private sector credit growth had fallen to

  • 02:58 South Africa's Growth Forecast Has Been Revised Down To 0.5% For 2016

    South Africa's Growth Forecast Has Been Revised Down To 0.5% For 2016

    by Headlines Africa Added 340 Views / 0 Likes

    South Africa's growth forecast has been revised down to 0.5% for 2016. Finance Minister Pravin Gordhan made the announcement in Parliament Wednesday when he delivered the Medium Term Budget Statement. The mid term policy document sets out the government's

  • 01:36 Egypt To Issue Dollar Bonds In Mid-November

    Egypt To Issue Dollar Bonds In Mid-November

    by Headlines Africa Added 337 Views / 0 Likes

    Egypt P.M Sheriff Ismael says Egypt will issue Dollar bonds in mid-November. They plan to raise $2.5billion to $3billion. The Egyptian government is trying to increase its foreign reserves according to a $12 billion deal to be signed with the IMF. Yasser

  • 02:12 Higher Taxes, Spending Cuts Tabled By South African Finance Minister  For 2017

    Higher Taxes, Spending Cuts Tabled By South African Finance Minister For 2017

    by Headlines Africa Added 340 Views / 0 Likes

    South Africans will have to contend with higher taxes and spending cuts next year. Finance Minister Pravin Gordhan delivered the government's medium term budget on Wednesday, warning of tough times ahead. The budget showed some fiscal consolidation, but a

  • 07:19 South Africa's Growth Forecast Revised Down To 0.5% For 2016

    South Africa's Growth Forecast Revised Down To 0.5% For 2016

    by Headlines Africa Added 320 Views / 0 Likes

    South Africa's growth forecast has been revised down to 0.5% for 2016. Finance Minister Pravin Gordhan made the announcement in Parliament Wednesday when he delivered the Medium Term Budget Statement. The mid term policy document sets out the government's

  • 02:10 Minerals And Tobacco Sales Boost Zimbabwe's Exports By 25%

    Minerals And Tobacco Sales Boost Zimbabwe's Exports By 25%

    by Headlines Africa Added 333 Views / 0 Likes

    Zimbabwe's exports jumped 25% in September buoyed by sales of its minerals and tobacco. The increase was reported in the latest statistics from the country's national statistics agency. CCTV's Farai Mwakutuya reports that this has been good news in a coun

  • 01:42 Uganda’s Energy Ministry Considering Exploring Oil In Northeastern Region

    Uganda’s Energy Ministry Considering Exploring Oil In Northeastern Region

    by Headlines Africa Added 336 Views / 0 Likes

    Uganda believes more oil could be found in the country. The Energy Ministry is considering exploring oil in North Eastern Uganda, which borders Kenya. CCTV's Michael Baleke has that report.

  • 05:29 South African Carrier Must Cut Costs To Stay Afloat

    South African Carrier Must Cut Costs To Stay Afloat

    by Headlines Africa Added 375 Views / 0 Likes

    Troubled flag carrier, South African Airways says that it is committed to navigate the turbulent skies it is currently in and remain afloat. The national airline has had to be bailed out by the treasury to the tune of $1.45 billion, and only recently publ

  • 02:00 IMF Urges Egypt To Devalue Its Currency Urgently

    IMF Urges Egypt To Devalue Its Currency Urgently

    by Headlines Africa Added 345 Views / 0 Likes

    Managing Director of the International Monetary Fund Christine Lagarde wants Egypt to devalue its currency urgently to remain on the right track of reforms. Currency devaluation is part of conditions Egypt needs to meet to access a 12 billion dollar loan

  • 01:25 Rating Agencies Likely To Downgrade South Africa In December

    Rating Agencies Likely To Downgrade South Africa In December

    by Headlines Africa Added 264 Views / 0 Likes

    South Africa’s efforts to rein in fiscal discipline may be bold but not quite enough to prevent a ratings downgrade later this year. Ratings agencies, Moody's Fitch and S&P, who have the country on a negative outlook, say there's still a 30% chance South

  • 03:46 Walter Mzembi Criticises Bond Notes, Backs Use Of Rand In Zimbabwe

    Walter Mzembi Criticises Bond Notes, Backs Use Of Rand In Zimbabwe

    by Headlines Africa Added 343 Views / 0 Likes

    Tourism Minister Walter Mzembi expresses his reservations about the use of Bond Notes and instead proposes that Zimbabwe adopts the South African Rand. Listen to his arguments.