Fitch Ratings
Namibia’s economy Shrank in Second Quarter
WINDHOEK – Namibia’s economy shrunk by 1.2 percent in the second quarter of 2016 compared with a revised 3.4 percent expansion in the first three months of the year, data on the statistics agency’s website showed on Tuesday. ... Full story
SA property groups ready for a downgrade
African property developers could soon see more competition from South African funds as they look to invest out of South Africa with that country expected to receive a credit ratings downgrade in the near future. ... Full story
Rand weakness dampens SA Property
Listed property in many developing countries has had difficult year. Currency weakness weakened its returns. Nevertheless some African property funds have held up well and many listed property companies in South Africa outperformed equities and cash. ... Full story
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Big sub-Saharan African economies to get potent lift this year
Sub-Saharan Africa’s biggest economies will benefit from a global upswing this year - as long as the U.S.-China tariff dispute does not disturb improving global trade flows, a Reuters poll ... Full story
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