World
Gold going to US$ 3,000 as U.S. deficit rises sharply as a percentage of GDP
Season factors like quieter summer months could weigh on gold prices in the short-term, but one Asian trading firm sees...
China and Huawei propose reinvention of the internet
China has suggested a radical change to the way the internet works to the UN, in a proposal that claims to enable...
UBA announces US$14m COVID-19 Relief Support for Africa
United Bank for Africa Plc (UBA) today announced a donation of over (USD14 million), through the UBA Foundation, to catalyse...
IMF chief says the world is in a recession, containment will dictate strength of recovery
International Monetary Fund chief Kristalina Georgieva said Friday that the global economy is now in a recession thanks to COVID-19,...
America soars past 100,000 coronavirus cases as NYC fights ‘catastrophe’
The number of coronavirus cases in the United States has soared past 100,000 cases, and the situation in New York City has become...
South African port closures add to commodity market turmoil
South Africa’s main export terminals will close to mineral exports from midnight, when a nationwide 21-day lockdown to try to...
Ghana, 6 others receive US$ 379m to strengthen statistical systems
The Board of the World Bank Group has allocated today a total of US$ 379 million in International Development Association...
Coronavirus: Kenya bans second-hand clothing imports
Kenya has banned the importation of second-hand clothes, popularly known as "mitumba", as a way of limiting the spread of...
African finance ministers call for US$ 100 billion stimulus, debt holiday
African finance ministers have called for a $100 billion stimulus package, including a suspension of debt service payments, to help...
