Morocco border closure spells doom for tourism sector
Rabat – Moroccan tourism operators are facing potential ruin after the country abruptly shut its borders over the Omicron... Read more
2 Dec, 2021
Fuel price hike: ‘Adjustment of petrol price was erroneous,’ govt admits
Cape Town – The Department of Mineral Resources and Energy has admitted that it made a mistake when it... Read more
1 Dec, 2021
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
