Business

LONDON, Nov 23 (NNN-SANEWS) — The United Kingdom and South Africa will join forces to drive economic growth and turbocharge infrastructure investment, UK Prime Minister Rishi Sunak said.He said this at the start of President Cyril Ramaphosa’s formal St...

The International Monetary Fund (IMF) has approved financing to cope with rising global food prices for Malawi, the first low-income country to receive the help. The number of Malawians facing food insecurity has doubled to 20% of the population due to...

The Executive Board of the International Monetary Fund (IMF) approved today a disbursement of US$88.327 million (SDR 69.40 million) to Malawi under the new Food Shock Window of the Rapid Credit Facility. [1]Concurrently, the Executive Board discussed a...

Sub-Saharan Africa is projected to grow by 3.6 percent in 2022 – more than one percentage point slower than 2021 mainly due to a worldwide slowdown, tighter financial conditions, and volatile commodity prices.Rising food and energy prices are striking ...

Be smart consumer on Black Friday and Festive Season - MEC MohaleWith black Friday and the festive season ahead, consumers become vulnerable and tend to spend monies on unbudgeted items or shop beyond their budget.As custodians of Economic Development ...

BEIJING, China last week played host to the 2022 Africa-China Poverty Reduction and Development Conference in Beijing aimed at enhancing solidarity and focus of cooperation between the two sides.The inaugural forum, that is part of the Forum on China-A...

WASHINGTON, The United States said it was increasing its reward for information about key leaders of Somalia’s Al-Shabaab to $10m apiece, a move that follows a spate of deadly attacks by the jihadist group.The US State Department also said it was for t...

TUNIS, Tunisia and France on Saturday signed a 200-million-euro deal to meet Tunisia’s financing needs on the sidelines of the 18th summit of the International Organization of La Francophonie.This was announced today by the French president, Emmanuel M...