Jacobo Zuma afauli kizingi cha uchumi ni baada ya Afrika kusin kushika nafasi ya 1 kiuchumi Afrika.soma zaid
Afrika Kusini ndiyo yenye uchumi mkubwa
Afrika. Kwa miaka mwili iliyopita, Nigeria
ilidai kuwa kileleni, lakini mahesabu
mapya ya matumizi ya viwango vya sarafu
yameliweka taifa la Afrika Kusini tena
kileleni.
Mahesabu mapya yanazingatia kiwango
vya shirika la fedha la kimataifa(IMF) vya
tarakimu za pato la jumla la ndani ya nchi
kwa nchi zote mbili katika mwaka 2015.
Katika kipindi cha mwaka huu kufikia
sasa, randi ya Afrika kusini na naira ya
Nigeria zimekua na mwelekeo tofauti
dhidi ya dola. Thamani ya randi
iliongezeka kwa takriban asilimia 16%,
huku naira ikipoteza robo ya thamani yake
dhidi ya dola ya Marekani.
Lakini hakuna cha mno sana - kwani kwa
dola bilioni 301 Afrika kusini imeipiku
Nigeria kwa dola bilioni 5 tu.
Uchumi wa mataifa hayo mawili uko
katika hatari ya kuanguka katika msuko
suko kutokana na kwamba uchumi wa
mataifa haya mawili ulididimia katika
kipindi cha robo ya kwanza ya mwaka
huu.
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South Africa has regained the title of
Africa's largest economy, two years after
Nigeria rebased its GDP to claim the spot,
according to IMF data.
A recalculation using current exchange
rates put South Africa on top because the
rand has strengthened against the dollar.
Nigeria's currency has fallen sharply
since a peg to the dollar was dropped.
But BBC Africa Business Report editor
Matthew Davies says both economies
could be on the brink of recession.
Nigeria rebased its economy in 2014 to
include previously uncounted industries
like telecoms, information technology,
music, online sales, airlines, and film
production.
Most countries do rebasing, updating the
measure of the size of the economy, at
least every three years or so, but Nigeria
had not updated the components in its
GDP base year since 1990.
On the basis of these numbers, there's
not a lot between the two. South Africa's
economy is worth around $301bn
(£232bn) and Nigeria comes in at $
296bn.
The exercise in calculating the numbers
using last year's IMF figures and this
year's currency exchange numbers,
technically puts South Africa back on top.
But look behind the league table and the
light-hearted jostling about who has the
largest economy in Africa and things,
economically speaking, are a little
bleaker.
Both economies contracted in the first
quarter. Another contraction and they'll
both be in recession.
Nigeria is almost entirely dependent on
its oil exports. And as the price of oil
slumps so does the flow of petrodollars
coming into the country's coffers. South
Africa's economy is more diverse.
Indeed, after Nigeria knocked it off the
top spot two years ago, we started
describing it as "Africa's most
industrialised economy", rather than
Africa second-largest economy.
But economic growth is unlikely to make
it above 1% in South Africa this year and
many, including the country's Reserve
Bank, are forecasting it at zero.
Unemployment remains stubbornly high
and a credit rating review is looming at
the end of the year.
If the whole "largest economy in Africa"
competition was a horse race, the two
leading contenders would be virtually
neck and neck.
But they wouldn't be galloping, they'd be
trotting at best. And looking increasingly
tired and in need of sustenance.
Source: BBC
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