WASHINGTON (AP) — The American job market has defied raging inflation, rising interest rates, growing recession…
Category: Global Business News
Bank of England predicts recession at the end of the year
LONDON (AP) — The Bank of England projected Thursday that the United Kingdom’s economy will enter…
Shrinkflation: Why sizes of products are shrinking
Kenyan manufacturers are quietly downsizing their packages and product sizes without lowering prices as they embrace…
EA states bicker over who to host central bank
Partner states bicker over who will host the East African central bank. Partner states have failed…
Ethiopian Airlines orders Africa’s first Airbus A350-1000
Ethiopian Airlines has converted its existing orders of A350-900 for larger planes, making it the first…
Why cryptocurrency is becoming popular in Africa
Rise of cryptocurrencies in Africa. That’s both good news and bad. Cryptocurrencies have become popular in…
Rise of virtual credit cards in Africa
Africa has begun making its own virtual credit cards as fintechs push to end legacy challenges…
Party’s over: Airbnb bans events permanently
Airbnb has made permanent its pandemic-era prohibition of parties at the properties rented out globally through…
Zimbabwe central bank hikes interest rate to 200%
Zimbabwe has outlined plans to make the United States dollar legal tender for the next five…
Crypto industry gripped by anxiety as bitcoin wobbles near Sh2.3m level
The cryptocurrency industry was on edge on Monday morning as investors feared contagion from problems at…