Posts with the category “economy”
Gold To Worst Start Of Year Since 1991
February 19th, 2021
Gold To worst Start Of Year Since 1991 Gold began the year with lofty expectations on the back of a record high and its biggest annual gain in a decade. Instead, the precious metal is off to its worst...
Land Grab Leaves Hundreds of Families Destitute In Zimbabwe
September 7th, 2020
Land Grab Leaves Hundreds of Families Destitute In Zimbabwe Three hundred Banket families are set to lose their sources of livelihood after their state-allocated small-holder plots were grabbed from t...
Horsemeat seized amid fears criminals exploiting coronavirus disruption in food chain
May 23rd, 2020
Horsemeat seized amid fears criminals exploiting coronavirus disruption in food chain Shipments of horsemeat masquerading as beef have been seized across Europe as criminals take advantage of closed ...
India to provide free food grains to millions of migrant workers
May 14th, 2020
India to provide free food grains to millions of migrant workers India will provide free food grains to millions of migrant workers hardest hit by a weeks-long lockdown as well as offer employment und...
Uber and Lyft sued by California
May 5th, 2020
Uber and Lyft sued by California The state of California has sued ride-hailing firms Uber and Lyft, accusing them of denying their drivers paid sick leave and other benefits. In the lawsuit, Attorney ...
Warren Buffett's company Berkshire Hathaway sells US airline shares
May 2nd, 2020
Warren Buffett's company Berkshire Hathaway sells US airline shares Billionaire investor Warren Buffett says his company Berkshire Hathaway has sold all of its shares in the four largest US airlines. ...
Nation's Richest 3,500 Own More Than the Bottom 32 Million In South Africa
April 27th, 2020
Nation's Richest 3,500 Own More Than the Bottom 32 Million In South Africa When people call South Africa the most unequal country in the world, they're talking about income. Now, we have a clear pictu...
Ethiopia's Business Community in Limbo Regarding Stock Exchange
February 1st, 2020
Ethiopia's Business Community in Limbo Regarding Stock Exchange Members of the Addis Ababa business community have disclosed that they have been left out by the government in establishing the Addis Ab...
Japan decries unjustifiable escape of Carlos Ghosn
January 4th, 2020
Japan decries unjustifiable escape of Carlos Ghosn Japan's justice minister has criticised former car tycoon Carlos Ghosn for fleeing the country, using what she said were illegal methods, as he await...
Zimbabwe ex-President Robert Mugabe dies aged 95
September 6th, 2019
Zimbabwe ex-President Robert Mugabe dies aged 95 Former Zimbabwe President Robert Mugabe has died at the age of 95, President Emmerson Mnangagwa said."It is with the utmost sadness that I announce the...
Bob Collymore, CEO of East Africa's Largest Telecom Company Dies
June 30th, 2019
Bob Collymore, CEO of East Africa's Largest Telecom Company Dies Safaricom chief executive officer Bob Collymore has died at his home early Monday morning. The Guyanese-born British citizen took a med...
Thousands protest price hikes and corruption in Liberia
June 7th, 2019
Thousands protest price hikes and corruption Thousands of demonstrators descended on Liberia's capital, Monrovia on Friday to protest against rising prices and corruption, posing a key political test ...
Leah Chase--The Queen Of Creole
June 2nd, 2019
Leah Chase--The Queen Of Creole In the 1950s and 60s at the height of the US civil rights movement, when activists needed somewhere discreet to discuss strategy, they would go to Dooky Chase in New Or...
German Banking Giants In Merger Talks
March 17th, 2019
German Banking Giants In Merger Talks Germany's two biggest lenders, Deutsche Bank and Commerzbank, will hold formal talks about a merger. The announcement caps months of speculation that the two stru...
Gaza Thousands of Palestinians demand Abbas' resignation
February 24th, 2019
Gaza Thousands of Palestinians demand Abbas' resignation Thousands of protesters gathered in the Gaza Strip on Sunday to call for Palestinian Authority President Mahmoud Abbas to resign after his atte...
Beirut summit: Arab leaders agree 29-item economic agenda
January 20th, 2019
Beirut summit: Arab leaders agree 29-item economic agenda Arab leaders have agreed a 29-item economic agenda in addition to encouraging the safe return of Syrian refugees to their homeland at the conc...
Kumbh Mela: The World's Biggest Gathering Of People
January 14th, 2019
Kumbh Mela: The World's Biggest Gathering Of People India's Kumbh Mela festival is billed as the world's biggest gathering of people. Between now and March organisers expect about 120 million pilgrims...
North Korea marks 7th anniversary of Kim Jong Il's death
December 16th, 2018
North Korea marks 7th anniversary of Kim Jong Il's death North Koreans mark the seventh anniversary of the death of leader Kim Jong Il with visits on Monday to statues and vows of loyalty to his son a...
France protests an economic catastrophe
December 9th, 2018
France protests an economic catastrophe The "yellow vest" protests have been "a catastrophe" for the French economy, the finance minister says. France has seen four consecutive weekends of demonstrati...
Rwandans See Glimmer of Hope as Poverty Levels Drop
December 7th, 2018
Rwandans See Glimmer of Hope as Poverty Levels Drop More Rwandan sregistered a significant improvement in their living conditions despite a marginal drop in poverty levels over the last three years, a...
Women Keeping Peace In Some Of The Deadliest Places On Earth
November 17th, 2018
Women Keeping Peace In Some Of The Deadliest Places On Earth Superintendent Catherine Ugorji is settling in for another 24-hour shift monitoring UN patrols in the troubled Malian city of Gao. This for...
Historic Kenya Airways Maiden Nonstop Flight to U.S. Takes Off
October 28th, 2018
Historic Kenya Airways Maiden Nonstop Flight to U.S. Takes Off Kenya Airways (KQ) told the Sunday Nation that they anticipate very few complaints given the care they have taken with the flight. At 10....
IMF approves $56bn loan package for Argentina
October 26th, 2018
IMF approves $56bn loan package for Argentina The executive board of the International Monetary Fund (IMF) has approved a $56bn loan package for Argentina to help stabilise the crisis-battered country...
World's longest sea crossing Hong Kong-Zhuhai bridge opens
October 22nd, 2018
World's longest sea crossing Hong Kong-Zhuhai bridge opens Chinese President Xi Jinping has officially opened the world's longest sea crossing bridge, nine years after construction first began. Includ...
Fear grows as DR Congo Ebola death toll climbs
October 12th, 2018
Fear grows as DR Congo Ebola death toll climbs Humanitarian workers are struggling to calm community fears in eastern Democratic Republic of Congo, where 125 people have died from Ebola, and cases of ...
Mohammed Dewji: Africa's youngest billionaire abducted in Tanzania
October 11th, 2018
Mohammed Dewji: Africa's 'youngest billionaire' abducted in Tanzania The man said to be Africa's youngest billionaire has been kidnapped by masked gunmen in Tanzania's main city Dar es Salaam, police ...
Indigenous Seeds Key in Ensuring Food Security in Kenya
October 7th, 2018
Indigenous Seeds Key in Ensuring Food Security in Kenya The solution to achieving food security for the country is based on access to seeds.This is especially because the quality of seeds determines t...
Why Nordic countries might not be as happy as you think
August 25th, 2018
Why Nordic countries might not be as happy as you think Nordic countries like Finland and Norway may regularly come out on top of world happiness indexes for wellbeing year-on-year - but new research ...
Millennials turn to dating apps for something more than romance--a new job
August 5th, 2018
Millennials turn to dating apps for something more than romance - a new job They are less hedonistic than their parents' generation - more likely to be tee-total and less likely to engage in casual se...
Denmark issues first face veil fine after tussle
August 4th, 2018
Denmark issues first face veil fine after tussle Police in Denmark fined a 28-year-old woman for wearing a full face veil, the first time a punishment was meted out since it became illegal on Wednesda...
Zimbabwe’s Transitional Election: An Opportunity to Rebrand
July 28th, 2018
Zimbabwe’s Transitional Election: An Opportunity to Rebrand Zimbabwe will elect Emmerson Mnangagwa as the new president this month. Amidst global trends of divisive politics, Zimbabwe will hope to bu...
Italy restricts vehicle access to the Dolomites to protect mountains from excessive tourism
July 24th, 2018
Italy restricts vehicle access to the Dolomites to protect mountains from excessive tourism Italian authorities have started restricting motor traffic into the Dolomite mountains during summer to prev...
France strikes back against Netflix to protect its cultural exception
July 14th, 2018
France strikes back against Netflix to protect its cultural exception France has long defended its ‘exception culturelle' with subsidies, quotas and tax breaks to protect French films, music and tele...
Ethiopia and Eritrea declare end of war
July 9th, 2018
Ethiopia's Abiy and Eritrea's Afewerki declare end of war The leaders of Ethiopia and Eritrea have signed a declaration saying that the state of war between the two countries is over. A peace deal end...
The Louisiana Purchase Was Driven by a Slave Rebellion
July 3rd, 2018
The Louisiana Purchase Was Driven by a Slave Rebellion Children in pens. The overwhelming stink of human waste. Auctions at which human bodies were prodded, compared, and purchased. It was all in a da...
Tata Steel and Thyssenkrupp merger welcomed by unions
June 30th, 2018
Tata Steel and Thyssenkrupp merger welcomed by unions Unions have welcomed a merger between Tata Steel and Thyssenkrupp which will create Europe's second-biggest steelmaker. The deal will mean Indian-...
The Deadly Speedboat Shooting That Ended Prohibition
June 25th, 2018
The Deadly Speedboat Shooting That Spurred an End to Prohibition On December 29, 1929, just after 2:00 a.m., the Coast Guard patrol boat C.G. 290 lay in wait by a small group of islands in Naragansett...
African Nations Pledge to Use Trade to Reduce Poverty
June 15th, 2018
African Nations Pledge to Use Trade to Reduce Poverty Geneva — Gambia's Vice President and Minister for Women's Affairs, Fatoumata Jallow-Tambajang, says trade has been a strategic tool for reducing p...
Pope to oil execs: World must convert to clean fuel
June 9th, 2018
Pope to oil execs: World must convert to clean fuel Pope Francis has told oil executives the world should convert to renewable fuels, calling the continued search for fossil fuels "worrying".The pope ...
South African world's oldest man wants to stop smoking
May 29th, 2018
South African world's oldest man wants to stop smoking Fredie Blom spent most of his life as a labourer - on a farm and in the construction industry - in apartheid South Africa but he might soon be re...