Category Archives: Market

Economists Say Coronavirus Will Slam African Economies

ADDIS ABABA - As the coronavirus spreads across Africa, countries are taking stronger measures to curb its spread. The restrictions may contain the virus, but will likely have a deep impact on the continent's economies. With several

President Bio engages World Bank Country Director on the state of preparedness to tackle Coronavirus in Sierra Leone

State House,– His Excellency President Dr Julius Maada Bio has engaged the World Bank Country Director for Sierra Leone, Liberia and Ghana, Pierre Frank Laporte, on the state of preparedness to tackle any possible Coronavirus outbreak in the country.Pr...

President Bio engages World Bank Country Director on the state of preparedness to tackle Coronavirus in Sierra Leone

State House,– His Excellency President Dr Julius Maada Bio has engaged the World Bank Country Director for Sierra Leone, Liberia and Ghana, Pierre Frank Laporte, on the state of preparedness to tackle any possible Coronavirus outbreak in the country.Pr...

China’s Exports Slump as Anti-virus Controls Close Factories

BEIJING - China’s exports fell by double digits in January and February as anti-virus controls closed factories, while imports sank by a smaller margin.Exports tumbled 17.2% from a year earlier to $292.4 billion, a sharp reverse from December’s 7.8% ri...

Europe Struggles to Contain Coronavirus Outbreaks, African Economy Hit Hard

LONDON - Parts of Northern Italy are on lockdown following an outbreak of the Coronavirus or Covid-19 as it's known, with at least seven deaths in the region. The sudden outbreaks in recent days, from South Korea to Iran to

Cyberthefts Help North Korea Offset Revenue Lost to Sanctions

North Korea made up nearly $2 billion of revenue it lost from sanctions by conducting cyberthefts from financial institutions and cryptocurrency exchanges, an expert said. The government's engagement in illicit cyberoperations such as thefts has been u...