Page 22 - Msingi Afrika Magazine Issue 16
P. 22

Leadership
         Economy

























































          AN AFRIKAN CULTURAL

          ECONOMY IN PERSPECTIVE


          First posted on April 17, 2014 by MJ Bhengu







                       hen the United        South African economy. Those on
                       Nations Statistical   the economic peripheries of the two   Dr Mfuniselwa Bhengu
                       Commission recently   African countries neither mourn nor   Independent Researcher on Afrikan philos-
          Wrebased its statistical           celebrate the announcement.        ophy,  Afrikology and Egyptology.  author,
          calculation of the Nigerian econo-                                    self-publisher  and  managing director of
          my and discovered that what they   The change is noteworthy. The
          thought was a ‘$270bn economy is   international community will pay          Phindela Publishing Group
          actually worth $510bn’, and then   greater attention to Nigeria now that
          recommended that the Nigerian      its economy casts a larger shadow
          economy was actually more than the   than South Africa’s and display



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