The Cinema Exhibitors Association of Nigeria (CEAN), the country’s premier Film Trade Association Body, has announced good news for cinema lovers on the occasion of the International Cinema Day. Opeyemi Ajayi, the chairman of the Cinema Exhibitors Association of Nigeria (CEAN), said in a statement on Tuesday in Lagos that cinema lovers would enjoy discounted […]
Privates schools in Ghana has been hit massively and hard by the coronavirus pandemic in the country, this has resulted in the shutting down of hundreds of private schools. Most private schools owners has turned their schools into other leisure facilities. The Headteacher of ASMAG International School, Ernest Ayaa Tagoe, has not been making some […]
The economy of Germany has has reduced for the very first time since 2009, the economy was reduced by 5%. This can be undoubtedly attributed to the impact of the coronavirus pandemic in Europe particularly central Europe. Germany in 2019 saw yearly (GDP) development paces of 0.6% and 1.3% in 2018. As per Destatis, the […]
President Mohammadu Buhari of Nigeria has finally agreed to record the 2021 budget amidst the aftermath of the Coronavirus, the Nigerian economy has been hit massively by the coronavirus due the mandated lockdown imposed by the government to reduce the spread virus. Nigeria’s economy is additionally pressed as it is likewise the biggest oil maker […]
The South African economy is slowly recovering from the impact of he Covid-19 pandemic, the recovery has been slow due to the recent second wave of the coronavirus. The government of the country is looking forward to reducing the spread of the virus. President Cyril Ramaphosa declared that the public authority had received a separated […]
Now that Democrat Joe Biden has been declared winner of the presidential election in the US, all the financial protocols put in place by President Donald Trump will changed due to incoming president policy. Economist have predicted a positive change in the way currencies have fallen in recent times, especially the South African Policy. The […]
Busisiness in Africa has been on downward trajectory ever since the inception of the coronavirus pandemic that has Killings thousands of people which as incapacitated business venture. While boost bundles are being molded to enable the district to work back more grounded, Energy challenges are one of the regular highlights of current interruptions in the […]
The government of South Africa has promised over 800,000 jobs in the nearest future due to the impact of the coronavirus in the Economy of the country. President Cyril Ramaphosa this week put his fate in the balance, revealing to South Africans that the nation would just need to shoulder with loadshedding in any event […]
An Economically Unforgiving Pandemic Tens of thousands of Tunisians have lost their jobs in a worsening economic crisis exacerbated by the Covid-19 pandemic as nearly a third of small to medium-sized businesses face bankruptcy. Ali Ben Rached, owner of the café “La Javanaise,” is frustrated, “If there is no terrace or anything (allowed to be […]
The World Trade Organization (WTO) said on Thursday South Korea’s trade minister and a Harvard-trained former Nigerian finance minister were in running to become the next director-general of the Geneva-based body, ensuring a woman in the top job for the first time. WTO spokesman Keith Rockwell announced that a selection committee, after meeting in recent […]
By 2050, Africa will be domestic to 25 percentage of the world’s workforce. And yet there is no guarantee that these people – in particular the developing share of young human beings among them – will be employed, let by myself in decent jobs. Of Africa’s almost 420 million young human beings (aged 15-35), one-third […]
Dozens of Angolans marched on Saturday against alleged state corruption after Portuguese media accused the president’s chief of staff of embezzlement, damaging the credibility of an ongoing anti-graft campaign against the former regime. Private Portuguese broadcaster TVI 24 last month investigated several public contracts awarded to firms owned by Angolan President Joao Lourenco’s chief of […]
Petrol prices have risen in Nigeria after the oil-rich nation dumped a controversial petrol subsidy system in the face of a coronavirus budget crunch. The cost of fuel at the pump has risen by around 15% in recent days, hitting a record high of 162 naira per litre ($0.42), after the government pushed on with […]
South Africa’s economy, the most industrialised in Africa, collapsed by using 51% between April and June in light of the Covid-19 pandemic, according to the country’s information agency. An unheard of decline in GDP used to be anticipated as the countrywide lockdown on March 27th imposed to curb the unfold of the new coronavirus, noticed […]
The Federal Government’s retained revenue, which is the authentic income realised earlier than its augments with borrowed and deficit financing resources, is dwindling by using the day. It is dwindling when compared with the expenditure and the need for funding in all sectors of the economy. However, the surprise is that this low revenue to […]
Economists are warning that large scale intervention is needed to rescue the Algerian economy from accruing huge foreign debt, following the double blow of COVID 19 and tumbling oil revenues. The National Office of Statistics has mentioned a 3.9 percent fall in Gross Domestic Product in the first quarter of 2020 alone, with unemployment nearing […]
Africa’s largest cell operator, and South African telecom giant MTN, announced Thursday it would pull out of the Middle East the medium term to concentrate on its pan-African approach resolving to simplify its portfolio and exit its Middle Eastern assets in an orderly fashion. The group will scrap its interim dividend beneath a blueprint to […]
Niger, a former French colony, celebrates its sixtieth independence anniversary on Monday. France mainstains a sure diploma of impact in the country. On navy grounds; Operation Barkhane is nonetheless very a good deal present, although the security situation has deteriorated in latest years. On the financial level, the country is stated to experience increase via […]
Brewing and beverage business enterprise Distell said on Monday the alcohol industry had already lost 118,000 jobs. Whilst nearly 800 small and medium sized liquor manufacturers confronted financial ruin as a end result of the South African government’s ban on sales to strive and incorporate Covid-19. SAB abandons R5bn of capital investment The country’s largest […]