Business

WASHINGTON— Global growth will “decelerate markedly” this year as Covid-19 outbreaks and supply chain snarls persist while government aid programs expire, the World Bank said. The Washington-based development lender forecast growth would slow to 4.1 ...

Vaal Dam decreases to manageable levelsOne sluice gate to be closed at the Vaal Dam this afternoon leaving the four gates open to further reduce capacity to a safe level.The Department of Water and Sanitation decided to open five sluice gates in early ...

The Department of Water and Sanitation (DWS) will open two more sluice gates this morning at the Vaal Dam. This implies a total of four gates will be open. This decision has been taken as the DWS continues to monitor the high inflows impacting on the I...

WASHINGTON— President Joe Biden’s administration announced that it had excluded Ethiopia, Mali and Guinea from a US-Africa trade agreement, saying the actions of the...

WASHINGTON — The United States on Saturday cut Ethiopia, Mali and Guinea from access to a duty-free trade program, following through on President Joe...

TUNIS— The Tunisian government revealed plans to borrow $7 billion more from foreign lenders and domestic sources to stimulate the country’s economy next year.According to the Tunisian finance minister Sihem Boughdiri, the 2022 finance law boosts spend...

ADDIS ABABA— Ethiopia’s trade ministry said it is unhappy with the Biden administration’s decision to revoke duty-free access for the country’s exports.The US terminated on Dec 23 Ethiopia’s eligibility for benefits under the African Growth and Opportu...

Delegates Agree on 2022-2024 Scale of Assessments, Yet Argue Over Financing for Independent Mechanism Investigating Serious Crimes in SyriaThe Fifth Committee (Administrative and Budgetary) wrapped up the main part of its seventy-sixth session on 23 De...