FeaturedOil & GasOil might rise to USD 100 in Middle East due to conflict, warns World BankIFM CorrespondentMay 9, 2024 by IFM CorrespondentMay 9, 2024 The World Bank's index of commodity prices hasn't changed significantly since the middle of 2023... Read more
CurrencyFeaturedWorld Bank urges Zimbabwe to boost currency confidenceIFM CorrespondentMarch 18, 2024March 19, 2024 by IFM CorrespondentMarch 18, 2024March 19, 2024 The World Bank is committed to the ongoing process that Zimbabwe has been going through since 2022 to pay off billions of dollars in arrears to the organisation and other foreign lenders... Read more
FeaturedReal EstateCreating a real estate revolution: Ajman Department earns global recognitionWebAdminNovember 14, 2023 by WebAdminNovember 14, 2023 The Department of Land and Real Estate Regulation in Ajman received a five-star rating according to the Global Star Rating System for Services... Read more
Banking and FinanceMagazineWorld Bank & the never-ending sovereign defaultIFM CorrespondentAugust 11, 2023August 11, 2023 by IFM CorrespondentAugust 11, 2023August 11, 2023 World Bank Chief Economist Carmen Reinhart referred to the debt crises of the 1980s and 1990s and the lessons this challenging era can offer... Read more
FeaturedTelecomAffordable smartphones: Kenya’s tool to boost digital inclusionIFM CorrespondentJune 5, 2023 by IFM CorrespondentJune 5, 2023 The inexpensive smartphones are assembled in the Konza Technopolis in Malili, Machakos County... Read more
BankingBusiness LeadersFeaturedBusiness Leader of the Week: Meet Ajay Banga, new World Bank chiefIFM CorrespondentMay 12, 2023October 10, 2023 by IFM CorrespondentMay 12, 2023October 10, 2023 Ajay Banga was nominated by US President Joe Biden to lead the World Bank... Read more
EconomyFeaturedUS’ inflation fight: What lies ahead?WebAdminNovember 18, 2022November 17, 2022 by WebAdminNovember 18, 2022November 17, 2022 Inflation has been there in the United States and it has been at its highest since 2021... Read more
EconomyFeaturedRate hikes to trigger global recession in 2023?WebAdminSeptember 30, 2022September 29, 2022 by WebAdminSeptember 30, 2022September 29, 2022 Global economy is severely dropping, and it will likely continue to slow as more nations experience recessions... Read more
CurrencyMagazineZimbabwe to mint gold to curb inflation, investors excitedWebAdminSeptember 27, 2022September 27, 2022 by WebAdminSeptember 27, 2022September 27, 2022 President Mnangagwa hopes to correct some of the systemic economic issues his administration inherited... Read more
FeaturedOil & GasOil & gas: What makes this industry most profitableIFM CorrespondentJuly 25, 2022 by IFM CorrespondentJuly 25, 2022 According to IMF, the fossil fuel industry also benefits from subsidies of USD 16 billion a day.... Read more