UN says Afghanistan faces ‘unprecedented’ economic shock
Kabul – Afghanistan’s GDP could contract 20% within a year, the UN predicted in a new report on Wednesday, saying... Read more
1 Dec, 2021
Lockdowns sink Australian economy in third quarter
Sydney – Pandemic-induced lockdowns caused Australia’s economy to shrink 1.9% in the third quarter, a downturn that bucked the trend... Read more
1 Dec, 2021
37.3% of women in SA are unemployed compared with 32.9% for men
Johannesburg – South Africa’s unemployment rate rose again in the third quarter of 2021 to set a new record of... Read more
30 Nov, 2021
India announces bill to ban cryptocurrencies
Mumbai – India’s government will introduce a bill to ban private cryptocurrencies and create a framework for a central... Read more
28 Nov, 2021
Telecom Italia CEO resigns after KKR buyout bid: report
Rome – Telecom Italia Chief Executive Luigi Gubitosi has resigned, news reports said Friday, amid increasing pressure on the... Read more
27 Nov, 2021
‘From Rwanda to Hollywood’: Kigali style goes global
Kigali – Matthew Rugamba knew his Rwandan fashion label had arrived when Junior Nyong’o, the brother of Oscar winner... Read more
26 Nov, 2021
Lebanese currency drops to new low
Beirut – The Lebanese pound sank to a new low on the black market Friday, with no end in sight... Read more
26 Nov, 2021
UK to make electric car charging points compulsory in new buildings
London – Britain will make electric car chargers compulsory for new buildings in England from 2022, as it switches... Read more
23 Nov, 2021
Billionaire Naguib Sawiris wants ‘level playing field’ for Egypt business
El-Gouna – Naguib Sawiris – one of Africa’s richest men, with an estimated fortune of over $3 billion –... Read more
21 Nov, 2021
South Africa sees rebound in growth
Cape Town – South Africa’s new finance minister on Thursday forecast the economy will this year rebound with 5.1% growth,... Read more
11 Nov, 2021
