US Credit crunch unlikely to affect Africa - the Economist

The current United States credit crisis will not have a major effect on the economies of African countries in the short-term, a report by the Economist Intelligence Unit.

This is because economies in the sub-Saharan region are not directly integrated into the larger economy of the world.

The report, titled Heading For The Rocks: Will Financial Turmoil Sink The World Economy?, puts African economies at a much more immune stage compared to the economies of Europe, Asia and Latin America which are more closely linked to international financial markets.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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