Africa : Africa's top 4 economies are in trouble

Clyde C Coger Jr

Well-Known Member
PREMIUM MEMBER
Nov 17, 2006
61,020
11,965
www.amazon.com
Occupation
Speaker/Teacher/Author
In the Spirit of Sankofa,



Video: Africa's top 4 economies are in trouble



Growth in Africa has outpaced most emerging markets in recent years, but that's changing fast as a slew of problems beset its leading economies.

Cheap oil, political uncertainty and weak banks are all to blame.

Here's what you need to know about sub-Saharan Africa's big four:

South Africa

The prospects for Africa's most advanced economy are not looking good. The country is set to grow by just 0.6% this year, according to the International Monetary Fund. It's one of the slowest growing countries in one of the world's fastest growing territories ...



http://money.cnn.com/2016/04/15/new...-south-africa-nigeria-kenya-angola/index.html



...

 

Clyde C Coger Jr

Well-Known Member
PREMIUM MEMBER
Nov 17, 2006
61,020
11,965
www.amazon.com
Occupation
Speaker/Teacher/Author
...


We're about to find out what happens when you give poor people basic income for life


... So where do we go from there? The organization that we founded, GiveDirectly, has decided to try to permanently end extreme poverty across dozens of villages and thousands of people in Kenya by guaranteeing them an ongoing income high enough to meet their basic needs—a universal basic income, or basic income guarantee ...


http://www.businessinsider.com/givedirectly-gives-kenyans-basic-income-2016-4

gettyimages-93066238.jpg

Getty Imags/Christopher Furlong
The organization GiveDirectly will be providing 6,000 Kenyans with a basic income for 10 to 15 years

...


 

Latest profile posts

Destee wrote on Ms Drea's profile.
Hi My Dear Darling Sister! :kiss: :love: :kiss:
Destee wrote on beautifulblkw's profile.
Hi Sister!!!! :wave: :wave: :wave: So good to see you! Thanks for coming home! YAAAAAY! :yaay: Much Love and Peace! :love:
Massey Ferguson Tractors and farm implements for Sale in Africa especially in Botswana, Kenya, Tanzania, Zambia, Ghana, Nigeria and many more. Our tractor company in Africa having huge stock of brand new tractors and farm implements for tractor dealers.
sekou kasimu wrote on ZIbijah's profile.
Have you read "The Iceman Inheritance: Prehistoric Origins of Western Man's Racism, Sexism, and Aggression"?
$1 Billion Black dollars in 30 days
Top