Category Archives: Business News

WFP Warns of ‘Unprecedented’ Food Emergency in Burkina Faso

The World Food Program warns that millions of people in Burkina Faso are facing what it calls an unprecedented humanitarian emergency because of growing hunger, instability and displacement.Fighting in Burkina Faso has intensified over the past six mon...

Zimbabwean Bank Alleges Loan Defaults by 26 Public Figures

The Zimbabwean president's son, a former first lady and 24 prominent politicians are accused of abusing their positions to acquire loans without collateral from a leading bank in the southern African country. The Commercial Bank of Zimbabwe (CBZ) says...

Zimbabwe Opposition Plans Demonstrations Over Economy Next Week

Zimbabwe's main opposition party is planning street demonstrations next week to protest against the government's handling of the economy, which is mired in its worst crisis in a decade and has plunged most citizens into poverty.The southern African nat...

Hopes Fade as South Africa’s Unemployment Hits Record High

Lucky Nonyane is a qualified plumber and building inspector with two decades of experience. At one time, he said, he earned a good enough living to buy a car and to help out his now-grown children.But times have changed, and

Sudanese Cautiously Cheer Power-Sharing Deal

Sudan's Transitional Military Council and opposition coalition finalized a power-sharing agreement Sunday that aims to stabilize the country for the first time since the military ousted Omar al-Bashir in April after months of mass demonstrations. The f...

Economic and Social Council, Concluding Management Segment, Adopts Texts Advocating Greater Support for Vulnerable Populations

Focus on Communities in Haiti, Africa, People Living with HIVThe Economic and Social Council today adopted a series of texts, forwarded by its subsidiary bodies, aimed at streamlining support to those facing development challenges around the globe � in...