South Africa's in a recession. Here's what that means: The bad news keeps piling up for South Africa's economy. ShutterstockSouth Africa has been rocked by news that it has slipped into a recession after its gross domestic product (GDP) declined 0.7% during the first quarter of 2017 after contracting by 0.3% in the fourth quarter of 2016. Jannie Rossouw explains what it … [Read more...] about South Africa’s in a recession. Here’s what that means | The Conversation
recession
SA News: South Africa’s unemployment hits 14-year high as recession looms
South Africa’s unemployment hits 14-year high as recession looms: An unemployed man pulls a trolley full of recyclable waste material which he sells for a living, in Daveland near Soweto, South Africa August 4, 2015. REUTERS/Siphiwe Sibeko PRETORIA – South Africa’s unemployment rose to its highest in 14 years in ... Source: "South Africa" - BingNews South Africa eager to … [Read more...] about SA News: South Africa’s unemployment hits 14-year high as recession looms
Recession: Nigerian businesses can remain profitable with outsourced Data Center and Cloud solutions
Recession: Nigerian businesses can remain profitable with outsourced Data Center and Cloud solutions: For companies in Nigeria currently battling the recession, the challenges are slowing sales and reduced earnings due to spiraling costs from high inflation and forex rates. To manage cash flows, businesses may have had to reduce or halt spending totally. However, the companies … [Read more...] about Recession: Nigerian businesses can remain profitable with outsourced Data Center and Cloud solutions
Africa Business-Nigerian property crash attracts funds looking beyond recession
Africa Business-Nigerian property crash attracts funds looking beyond recession: LAGOS, Oct 20 A property market crash in Nigeria offers opportunities for brave investors betting that Africa's most populous nation will deliver high returns when it climbs out of recession. Rents for residential and office property in the commercial capital Lagos have dropped by around 20 … [Read more...] about Africa Business-Nigerian property crash attracts funds looking beyond recession