South African Reserve Bank to maintain repo rate through 2021
The Reserve Bank governor Lesetja Kganyago will hold rates steady in January...
Category : Economy
Covid-19 vaccine to support Indonesia’s economic recovery: President
Indonesia’s Minister of Health said nearly 1.5 mn medical workers would be inoculated by February...
Germany to sell record amount of federal debt in 2021
The Federal Finance Agency is also planning to sell a maiden 30-year green bond in May and a maiden 30-year conventional bond in September...
South Africa outlines plan for ports of entry operations
The plan has been approved by the National Joint Operational and Intelligence Structure...
Brexit to cost UK billions of dollar: BOE governor
Bank of England Governor Andrew Bailey said that Brexit could cost the UK economy the equivalent of $109 bn...
World Bank approves $100 mn for Mozambique
Last October, it granted an initial $100 million in response to the nation’s efforts in fighting against the pandemic...
Global economy to expand by 4% in 2021: World Bank
It also warned that rising Covid-19 cases and delays in vaccine distribution could limit the recovery to just 1.6%...
UK sees quick economic recovery; new strain affects growth
New lockdown measures on the back of discovering a new strain is threatening to cause another recession...
UAE’s GDP is estimated to shrink by 6% in 2020
However, the economy is expected to grow 2.5 percent in 2021...
Saudi Arabia announces $263.91 bn budget for 2021
The Kingdom will spend 7% less than estimated spending for this year...