South Africa has regained the title of Africa’s largest economy, two years after Nigeria rebased its economy 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.
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01. The Grind with Patrick Kamara hosts Hon Dr Perez Ahabwe
Patrick Kamara hosts Hon Dr Perez Ahabwe
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The Grind – Kamara hosts Hon. Proscovia Salaamu Musumba
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The Grind – Kamara hosts Hon. Dan Wandera Ogalo
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The Grind – Kamara Hosts Mr. Julius Mukunda ED. CSBAG
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The Grind – Kamara hosts Dr. Diana Atwiine
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The Grind – Kamara hosts Hon. Betty Aol Ocan
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The Grind- Intergrity Deficit: How Powerful & Mighty Fall
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The Grind-Kamara hosts Hon. Alioni Yorke Odria
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The Grind-Kamara hosts Hon. Lydia Wanyoto Mutende
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The Grind-Kamara hosts Hon. Yusuf Nsibambi
