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Tag Archives: economy

Zimbabwe hikes fuel prices again as crisis deepens

    Harare, Zimbabwe | AFP |  Zimbabwe on Tuesday announced a fresh increase in fuel prices, months after a price hike triggered nationwide protests and a brutal security crackdown as the country’s economy woes deepen further. Upping prices by about 46 percent, the Zimbabwe Energy Regulatory Authority (ZERA) said …

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How to fix Nature and avoid human misery

Paris, France | AFP | Revamping global food production, retooling the financial sector, moving beyond GDP as a measure of progress and other “transformative changes” are needed to save Nature and ourselves, a major UN biodiversity report is set to conclude. Delegates from 130 nations wrap up week-long negotiations in …

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Streaming helps boost 2018 music industry sales

London, United Kingdom | AFP |  Worldwide music sales rose by nearly 10 percent in 2018, a fourth consecutive year of growth fuelled by online streaming, according to figures released on Tuesday by an industry body. Revenues reached $19.1 billion last year, the International Federation of the Phonographic Industry, which …

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Jobless millions to haunt India election

New Delhi, India | AFP | Vishal Chowdhary is young, bright and armed with an MBA. But he has spent two years struggling to find work in India’s sluggish jobs market — a major headache for Prime Minister Narendra Modi ahead of looming elections. The government’s failure to create enough …

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Total unveils ‘significant’ offshore S. African gas find

Cape Town, South Africa | AFP | French energy giant Total unveiled Thursday a “significant” gas discovery off the coast of South Africa, an event that President Cyril Ramaphosa called a game-changer. The find could boost the nation’s struggling economy and reduce reliance on imports. “Total has made a significant …

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