Posted in Business Market

UN Chief: Global Economic Recovery Uneven

U.N. Secretary-General Antonio Guterres urged international business leaders and economists on Monday to do their part to make post-COVID19 economic recovery equitable across the globe.“At this critical moment, we are setting in stone a lopsided recove…

Read More UN Chief: Global Economic Recovery Uneven
Posted in Business Market

US Imposes Sanctions on People in Iran, Syria and Uganda, Citing Rights Abuses

The United States on Tuesday imposed sanctions on more than a dozen people and entities in Iran, Syria and Uganda, accusing them of being connected to serious human rights abuses and repressive acts.In an action marking the week of the U.S. Summit for …

Read More US Imposes Sanctions on People in Iran, Syria and Uganda, Citing Rights Abuses
Posted in Business Market

Experts: Travel Bans Another Blow to Crippled South African Economy

Sudden travel bans imposed on South Africa in the past week over the omicron variant of coronavirus have dealt a blow to an already struggling economy, experts say. The jobless rate is creeping toward half the population and the lost tourism this month…

Read More Experts: Travel Bans Another Blow to Crippled South African Economy
Posted in Business Market

China’s Model of Investment in Africa Winning Support, Say Experts

Economists say China’s model of investment in Africa is gaining public support, despite the debt burden it imposes on many countries. According to economic experts and the locals, the United States’ multibillion dollar investments in Africa are less vi…

Read More China’s Model of Investment in Africa Winning Support, Say Experts
Posted in Business Market

Why US Is Suspending Ethiopia, Mali, Guinea From Free-Trade Deal

In response to human rights violations, the United States announced this week that it plans to suspend Ethiopia, Mali and Guinea from duty-free access to American markets as of January 1.U.S. President Joe Biden said in a statement to Congress, release…

Read More Why US Is Suspending Ethiopia, Mali, Guinea From Free-Trade Deal
Posted in Business Market

Africa Warming More, Faster Than Other World Regions

Authors of a new report on Africa’s climate warn the continent is heating up more and faster than other regions in the world, and they said Africa needs immediate financial and technological assistance to adapt to the warming environment.The African co…

Read More Africa Warming More, Faster Than Other World Regions
Posted in Business Market

Botswana’s Alcohol Industry Cautious as Night Spots Prepare to Open

Botswana is set to emerge this week from an 18-month state of emergency that will remove the president’s emergency powers and end pandemic restrictions on trade and gatherings. While many shops, bars, and restaurants want to get back to normal, some in…

Read More Botswana’s Alcohol Industry Cautious as Night Spots Prepare to Open
Posted in Business Market

Benin Named Fastest Place to Start Business Online – Thanks to COVID ?

COTONOU, BENIN – Benin set up a service early in the COVID-19 pandemic to allow people to register their business online, and now the West African country is the world’s fastest place to start a business, according to a U.N. agency. Sandra Idossou, own…

Read More Benin Named Fastest Place to Start Business Online – Thanks to COVID ?