Economic growth
Achieving gender parity in entrepreneurship could significantly boost European economies, new research carried out by Frontier Economics and commissioned by Amazon shows. The study looked at 13 European countries and found that reaching gender parity in new business creation—where 50% of startups are founded by women—could increase productivity
Economic growth
The International Monetary Fund (IMF) has released its latest World Economic Outlook, which includes upgraded economic growth forecasts for Cyprus. According to the report, Cyprus's GDP is expected to grow by 2.9 per cent in 2025 and 2.8 per cent in 2026, up from 2.5
Cabinet officials
South Africa has taken a significant step towards reducing plastic waste and promoting sustainability with the launch of its first harbour-based net recycling facility at the V&A Waterfront in Cape Town. The facility, a containerised "micro-recycling pod," processes end-of-life fishing nets into high-value raw materials for
Economic forecasting
As Dhanteras 2025 approaches on October 18, the tradition of buying gold and silver is back in full swing. But is it a shrewd investment move or a mere festive custom? Experts weigh in that it's a mix of both. Buying gold or silver on Dhanteras has been
Economic growth
As the UK Government navigates an uncertain economic landscape, economists at KPMG warn of mounting public spending pressures versus sluggish economic growth. The accountancy giant's latest UK Economic Outlook report paints a picture of a economy with mixed signals, where a strong start to 2025 gives way to
Economic growth
Lao families are showing signs of relief as the country's economy continues to stabilize, with inflation dropping significantly since the first half of the year. The central bank's decision to reduce the seven-day basic interest rate from 9.5 percent to 9 percent aims to ease
Economic growth
The global economy is experiencing a slowdown, with various indicators suggesting that economic growth is slowing in most countries, according to Bank Indonesia (BI) Governor Perry Warjiyo. The impact of reciprocal tariffs imposed by the US and continued high levels of uncertainty have led to weakened business confidence, reduced household
Economic growth
The Ministry of Finance (MoF) in Abu Dhabi received a delegation from the International Monetary Fund (IMF) for the annual Article IV consultation, assessing the nation's economic outlook and policy framework. The discussions focused on the UAE's macroeconomic performance, developments in its financial and banking sectors,
Economic growth
Tanzania remains one of the world's fastest-growing economies, driven by government policies and private companies like Tanzania Breweries Limited (TBL), which has been a cornerstone of the country's business growth since 1933. TBL's contributions extend beyond its beverages, creating ripple effects across society through
Economic growth
Croatian tourism, which has historically been a significant contributor to the country's economic growth, is showing signs of decline. According to Croatian National Bank Deputy Governor Sandra Svaljek, the number of overnight stays has stagnated in recent years, with other Mediterranean countries overtaking Croatia in the market. The
Economic growth
China's Belt and Road Initiative (BRI), launched in 2013, has been steadily transforming regional and global economic landscapes. In the first half of this year, construction contracts and diverse investments in BRI totaling $124 billion were higher than the $122-billion full-year figure in 2024, and hit an all-time
Economic growth
Cote d'Ivoire's economy has demonstrated remarkable resilience in the face of global shocks, with economic growth reaching 6% in 2024, outpacing the global average of 2.8% and the regional average of 3.2%. Despite the country's progress, it still faces challenges in sustaining
