Tag Archives: economies

  Johannesburg, SA | XINHUA | Headquartered in Johannesburg, the African Energy Chamber (AEC) on Friday called for African governments to create a conducive environment and introduce tax concessions for the sector to contribute to economic growth. NJ Ayuk, AEC executive chairperson, made the remarks on Friday while speaking on …

Kampala, Uganda | XINHUA | The immediate introduction of a temporary basic income for the world’s poorest people could slow the current surge in COVID-19 cases by enabling nearly 3 billion people to stay at home, according to a United Nations Development Programme (UNDP) report released Thursday. The report, Temporary …

London, United Kingdom | AFP | Global stock markets built on strong pre-weekend gains on Monday as optimism that economies are emerging from coronavirus gloom kept buyers onside. On Wall Street, the Dow index was up just over 200 points at the opening bell, while in Europe London and Frankfurt were …

London, United Kingdom | AFP | Stock markets mostly rose and the dollar advanced Thursday, gaining traction from optimism over reopening economies and a huge EU coronavirus recovery package, dealers said. Asia bounded higher but Hong Kong failed to maintain early gains as investors fretted over a US decision to revoke …

  Paris, France | AFP | Global stock markets were firmer Monday, buoyed by the prospect of further easing of coronavirus lockdowns despite sharp increases in case rates in some countries such as Brazil. On the downside, an upsurge in Sino-US tensions, especially over Chinese plans to introduce a national security …

London, United Kingdom | AFP | Stock markets mostly slipped Thursday after rallying for much of the week amid concerns over the long-term impact of the virus and worsening China-US relations. On Wall Street, the Dow Jones index slipped into negative territory at the opening bell, while in Europe, Frankfurt and …

Washington, United States | AFP | Smartphone use has become the norm in most developed nations, while many emerging economies are showing sharp gains, a global survey showed Tuesday. The Pew Research Center report found strong majorities of adults using smartphones in the world’s wealthier countries, led by 95 percent …

By Ronald Musoke & Agencies The Africa Progress Panel has today urged the G8 leaders meeting at a two-day summit in Lough Erne, Northern Ireland, to make company ownership transparent, exchange tax information and support Africa’s tax collection agencies. The panel that advocates for equitable and sustainable development in Africa …