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Hungary’s general Government deficit may rise 2.2% of GDP in 2016: MNB
BUSDAPEST: Hungaryʼs general government deficit, according to European Union accounting rules, could reach 2.2% of GDP next year, over the...
South African Adcorp raises earnings 58% to R2.98 a share
CAPE TOWN: Adcorp Holdings lifted headline earnings per share by 58 percent to R2.98 a share in the year to...
South Africa’s DiamondCorp’s loss widens R60m
CAPE TOWN: Emerging diamond producer DiamondCorp, the operator of the Lace Diamond Mine in the Free State, said yesterday that...
South African Lewis to open 10 new Beares store
JOHANNESBURG: South African furniture retailer Lewis Group plans to use the business it bought from failed Ellerine Holdings to increase...
TAP’s emergency plan does not see job losses: Economy Minister
LISBON: Portugal's economy minister, António Pires de Lima, said on Tuesday that the plan drawn up by the management board...
Portugal’s state tax takes up over 4% to €11.483b YoY
LISBON: The state collected €11.483 billion in taxes over the first four months of this year with the rise attributable...
Portuguese Opposition reject move to cut current pensions, save €600m
LISBON: Portugal's opposition Socialist Party (PS) on Tuesday ruled out its backing any move on the part of the right-of-centre...
Jordanian Expatriates’ remittances increase to $1.2b
AMMAN: Remittances of Jordanian expatriates rose by 3.4 per cent during the first four months of 2015 compared with the...
Jordan’s central bank governor sees 3.8% growth
AMMAN: Jordan’s economy to grow about 3.8 per cent and will meet its IMF-approved target this year. “The economy is...
National project provides 48,000 jobs in Jordan
AMMAN: The Arab Importer and Exporter Union on Tuesday said it has adopted all necessary measures for the implementation of...
Jordan to finance agriculture 6 year projects in ‘poverty pockets’ worth of $11m
AMMAN: A multi-component scheme that targets small-scale farmers in several parts of the Kingdom was launched on Tuesday. In a...
AfDB to help Zimbabwe out of the woods
HARARE: The African Development Bank (AfDB) is helping Zimbabwe resolve its debt with bilateral and multi-lateral financial institutions to enable...
Zimbabwe tourism sector feels taxation pinch
HARARE: Zimbabwe’s 15 percent value-added tax on foreign tourists, introduced early this year, has started to impact on arrivals and...
Kenyan bank to set up shop in DRC through acquisition
NAIROBI: Kenya’s Equity Bank Group planned to expand its operations into the Democratic Republic of Congo (DRC) by acquiring a...
Govt’s plan to hold EU referendum can hit UK investment
LONDON: The government’s plan to hold an EU referendum will dent foreign investment in the UK and threatens its position...
ANZ’s bid to curb foreign tax exposure
CANBERRA: ANZ, one of Australia’s biggest investors in Asia, is gearing up to launch a fresh campaign for an overhaul...
Kenya: KRA suspends official over Sh570m illegal ivory shipment
NAIROBI: A Kenya Revenue Authority officer who handled the Sh570 million illegal ivory shipment seized in Singapore was yesterday suspended. KRA...
Vietnam’s Petrolimex seeks to sell stake to JX Nippon Oil
HANOI: Petrolimex, Vietnam's largest oil product importer and distributor, is seeking to sell a stake of between 15 and 25...
Vietnam index nearly flat, banks mixed on cbank pledge
HANOI: Vietnam's benchmark VN Index eased 0.09 percent by midday on Wednesday from its highest close in more than five...
UK consumer confidence hits pre-crisis levels of 2006
LONDON: UK consumers are at their most upbeat for nine years on the back of improving job prospects and low...
