Home Topics Economic Activity
South Africa’s economy could contract 8.2% this year, and grow just 0.6% in 2021, if a second wave of COVID-19 cases hits the country and its main trading partners, the OECD said on Friday.
The COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia as investment sentiment globally and in the region wane and containment measures limit economic activity, said the latest issue of the Asian Development Bank‘s (ADB) Asia Bond Monitor released on Thursday.
Mexicans have been affected by the coronavirus pandemic in many ways, including beer lovers finding it particularly difficult to quench their thirst as supplies run dry due to reduced production.
South African private sector activity fell to a new record low in April, a business survey showed on Wednesday, as company closures due to a nationwide coronavirus lockdown led to a collapse in demand.
South Africa is considering introducing flexible restrictions on economic activity after it phases out a nationwide lockdown, according to a draft government presentation seen by Reuters on Wednesday.
Prof. Wumi Iledare, former President Nigerian Association of Energy Economics (NAEE), has advised the Federal Government to spend prudently to avoid breakdown of the nation’s economy as global oil price continues to crash.
Uganda’s central bank cut its policy rate by 100 basis points on Monday to 8% to support the economy which has been hit by the impact of the coronavirus outbreak.
The Nigeria Governors’ Forum (NGF) and MTN Nigeria have agreed to use the vulnerability model to drive a data-driven approach to stopping the spread of the coronavirus (COVID-19) in the country.
The Progressive Governors Forum (PGF) under the platform of the All Progressives Congress (APC) has felicitated with wife of the President, Hajiya Aisha Buhari, and Governor Nasir El-Rufa’i of Kaduna State over their birthdays celebration.
Twelve African economies lost out on over $2.16bn in economic activity last year due to Internet blackouts and social media shutdowns, according to a new report.
The Chief Judge of Ogun, Mosunmola Dipeolu, on Monday swore-in Chief and Senior Magistrates, urging them to uphold the ethics of the profession and dispense justice without fear and favour.
The Police Command in Niger on Monday said it recorded no crimes during and immediately after the Eid-el-Kabir celebrations in the state.
Medical doctors in Ondo State, under the auspices of the National Association of Government General Medical and Dental Practitioners, have suspended their industrial action.
Members of the All Progressives Congress (APC) from the constituency of a former Speaker of House of Representatives, Yakubu Dogara, have commended his defection to the party.
Governor Willie Obiano of Anambra State on Monday, July 27th signed into law, the revised appropriation bill of N114.9 billion for the year 2020. The budget themed, ‘‘Accelerating Infrastructural Development and Youth Entrepreneurship’’ has a total reduction of N22.2bn from the original budget of N137.1bn, translating to a 16 per cent reduction.
Sen. Ifeanyi Ubah, President of FC Ifeanyi Ubah has been re-elected as Chairman of Anambra State Football Association (AnSFA) for a second term, in an election conducted through electronic voting on Sunday.
Jurgen Klopp's side ended the campaign a whopping 18 points ahead of their nearest rivals City, ending Guardiola's side's two-year reign as English football's best side in the process.
Nigeria Football Federation has stated categorically that there has been no election into the executive committee of the Anambra State Football Association.
A member representing Kirfi constituency in the Bauchi House of Assembly, Abdulkadir Dewu (PDP), on Tuesday donated a piece of land to his constituents for the expansion of their graveyard.
FC Porto and Nigeria defender Chidozie Awaziem has announced the birth of his first child on Wednesday evening.