Will Oil Bring Prosperity or Chaos to East Africa

Many in the oil industry are looking towards East Africa as the next great oil reserves. ┬áThere have been many discoveries over the last few years that seem to be commercially viable, including some in Uganda, Mozambique and Tanzania. Of course these countries have numerous problems, but if used responsibly the billions of dollars of […]

South Africa Narrowly Avoids Recession

It was close, but the latest South African economic results have delivered small growth which has meant the country is not quite dipping into recession. However the promises by the government of reinvigorating the economy seem to be fairly empty at this point. There is no doubt that the South African economy has struggled over […]