Business
The Southern African Times Business
Tech startups are joining Nigeria’s fight against coronavirus
Jack Ma, founder of Alibaba, made global headlines last week with his donation of essential medical...
Read moreDetails
International Tourist Arrivals Could Fall By 20-30% In 2020
An expected fall of between 20-30% could translate into a decline in international tourism receipts (exports) of...
Read moreDetails
Mobile money crossed a key milestone last year—that’s good news for Africa’s coronavirus battle
The global mobile money industry crossed a major milestone last year, reaching over a billion registered...
Read moreDetails
Zimbabwe brings back foreign currencies ahead of coronavirus lockdown
Zimbabwe legalized the use of foreign currencies in domestic transactions on Sunday, less than a year...
Read moreDetails
Somalia’s post-war phase begins on the road to debt relief
Shattered by decades of war, Somalia can finally look forward to rebuilding normal economic ties with...
Read moreDetails
IMF says coronavirus to hit sub-Saharan Africa’s growth hard
The spread of the coronavirus into sub-Saharan Africa will hit the region’s economic growth hard, with...
Read moreDetails
Facebook says coronavirus hits advertising sales
Facebook Inc (FB.O) said on Tuesday the coronavirus outbreak was undercutting sales of the advertising that...
Read moreDetails
Afreximbank Announces $3-Billion Facility to Cushion Impact of COVID-19
The African Export-Import Bank (Afreximbank) has announced a $3-billion facility, named Pandemic Trade Impact Mitigation Facility...
Read moreDetails
Somalia: Arrears owed to the African Development Bank Group cleared
Arrears on loans owed by Somalia to the African Development Bank Group have been cleared following...
Read moreDetails
South Africa’s Eskom invites bids to plug short-term power gap
South Africa’s struggling state power utility Eskom offered on Monday to buy surplus electricity from existing...
Read moreDetails