Biden also said the money would be spent helping "develop cutting-edge energy solutions like clean hydrogen, a deal worth $2 billion to build solar energy projects in Angola, $600 million high-speed c
Dec 16, 2022
Nigerian Banks started issuing new naira notes today in conformity with directions from the Central Bank of Nigeria. Today, commercial banks will start dispersing the eagerly anticipated, newly redesi
The money made from the sale of goods and services has been increasing steadily between FY2016 and FY2021, with revenue growing at a Compound Annual Growth Rate (CARG) of 4.79%. However, it should be
20,000 metric tons of fertilizer made in Russia were shipped from the Netherlands to Malawi as part of a pact mediated by the United Nations to maintain agricultural products flowing to international
Zimbabwe just topped the list for food inflation with a 351% spike, and the situation at the Kariba dam would only exacerbate the country's critical food security concerns. Low-income workers are most
Africa has remained the major supplier of primary commodities, particularly agricultural products and mineral resources, to the rest of the world since the turn of the century.
OPEC+ has Made a decision to maintain production levels at current levels despite widening supply gaps in the market. The decision comes at a time China is expected to see spikes in demand as the late
At 321%, Zimbabwe tops the World Bank's (WB) list of countries severely afflicted by food inflation, among war-torn Lebanon and Venezuela, whose political and economic crises have left worrisome rates
Increasing economic activity in various key sectors of the economy such as, among others, mining, agriculture and construction coupled with cushioning the public service from global shocks and domesti
In March 2022, Russian President Vladimir Putin demanded that "unfriendly countries" use rubles to purchase his country's oil and gas, sending energy prices even higher as markets continue bearishly.
BlockFi cryptocurrency company is the latest casualty in the crypto business following the collapse of Sam Bankman-Fried’s FTX Bahamas-based company. On Monday, Nov. 28, BlockFi filed for bankruptcy p
Zimbabwe's merchandise exports continue to narrow down the undying trade deficit with the latest skyrocket of 11.9% recorded during month of September . That has seen off the nation's trade deficit by
According to the International Monetary Fund, other economies are also having difficulties (IMF). However, in terms of economic growth, the UK ranks last within the G7 group of advanced industrial
The Reserve Bank of Zimbabwe (RBZ) has introduced a Collateral Registry as it moves to enhance financial inclusion and increased access to finance through expanding the range of qualifying collateral
ZSE- listed, Innscor Limited subsidiary, National Foods Limited recorded unpleasing Q3 volumes accusing the recent unusual presiding fiscal and monetary stance. The food processing company was greatly
ZSE-listed beverages giant, Delta Corporation, released a stellar financial performance for the six months ended 30 September 2022 despite operating in a trading environment characterized by unstable
ZSE-listed retail and distribution cooperation company, Axia Cooperation Limited, recorded a decline in volumes, pointing fingers at the presiding fiscal and monetary policy environment.
ZSE-listed Quick Service Restaurant (QSR) provider, Simbisa Brands, recorded a 36.2% increase in total customer count for the first quarter ended September 30th 2022.
On the 10th of November, the Reserve Bank of Zimbabwe rolled out the Central Bank Digital Currency (CBDC) consumer survey, which seeks to gauge the readiness of the public in accepting the financial i