Economy in Africa Won’t Bottom Out Soon

Displaced families in the Central African Republic (CAR) seek shelter at the Bangui airport fearing further attacks. Photo: UNHCR/L. Wiseberg

Africa – Economy Continues Downslide

THE Zimbabwe Stock Exchange (ZSE) — as effective a barometer of the state of the economy as other bourses elsewhere — continued its retreat for the sixth month in a row to August, falling a further 7,19% to close at a total market capitalisation of US$3,74 billion. This reflects the dire state of the economy as…