Zimbabwe to cut budget deficit by half in 2018 as economy slows down 3%
Businessam Staff
October 18, 2017
Zimbabwe expects to cut its budget deficit by half next year to 4 percent of the gross domestic product, while economic growth will
0Asia
Chinese economy gains strong momentum for growth amid global slowdown
Businessam Staff
October 17, 2017
China has full confidence in the positive long-term outlook and sound growth of its economy despite the global slowdown, the ruling
Mugabe bans importation of fruit, vegetable into Zimbabwe as forex crunch deepens
Businessam Staff
October 17, 2017
Joseph Made, Zimbabwe agriculture minister said Tuesday that the country has banned the importation of fruit and vegetables with
Canada named world’s most cashless society as study claims switch to digital payments boosts economy
Businessam Staff
October 16, 2017
Canada has been adjudged number one in the ranking of world’s most cashless societies, according to studies as reported by the
Watching inflation closely but economy is strong, says US Fed’s Yellen
Businessam Staff
October 16, 2017
The US economy remains strong and the strength of the labour market calls for continued gradual increases in interest rates despite
0Asia
China’s anti-pollution drive will hit economic growth, raise prices, economist says
Businessam Staff
October 2, 2017
China’s drive to cut pollution could reduce economic growth by 0.25 percentage points in the next six months while boosting factory
Ravio Entertainment, Angry Birds maker, pitches IPO price at €11.50 high
Businessam Staff
September 28, 2017
Rovio Entertainment has priced its stock market flotation at the top of its price range as investors showed strong interest in the
0Asia
Saudi Arabia raises $12.5bn from dollar bond sale to bolster budget
Businessam Staff
September 27, 2017
Saudi Arabia is raising $12.5 billion from its second dollar bond sale this year as the kingdom taps debt markets to bolster its
0Asia
Dubai economy launches partnership to expedite emCash
Businessam Staff
September 26, 2017
The partnership brings Emcredit, a subsidiary of Dubai Economy, and the UK-based Object Tech Grp Ltd together under the Dubai Economy
Bank of Ghana holds key rate at 2015 low as inflation rose in August from lowest in 4 years
Businessam Staff
September 26, 2017
Ghana’s central bank kept its key lending rate at the lowest since 2015 after inflation accelerated for the first time in four months.