Banking and FinanceTop StoriesRecession: Are banks prepared to assist their customers?GBO CorrespondentMarch 31, 2023 GBO CorrespondentMarch 31, 202301084 Customers are less likely to foreclose on their homes or fall behind on loans, if assisted by banks
FintechTop StoriesAmazon expands its African footprint further with ‘FinTech Africa Accelerator’GBO CorrespondentMarch 30, 2023March 30, 2023 GBO CorrespondentMarch 30, 2023March 30, 202301351 The world-famous ‘AWS Startup Loft Accelerator’ runs the program at Amazon
MarketsTop StoriesGlobal trade recorded USD 32 trillion in 2022: ReportGBO CorrespondentMarch 30, 2023 GBO CorrespondentMarch 30, 202301404 Trade growth has been subpar during the second half of 2022, especially in the last quarter of 2022
Banking and FinanceTop StoriesWorld Bank President David Malpass bats for more private fundingGBO CorrespondentMarch 29, 2023 GBO CorrespondentMarch 29, 202301331 David Malpass said that private capital is critical for addressing these demands
Banking and FinanceTop StoriesBanking turmoil has potential to trigger financial crisisGBO CorrespondentMarch 29, 2023March 29, 2023 GBO CorrespondentMarch 29, 2023March 29, 202301319 Following the failure of startup-focused lender Silicon Valley Bank, Australia's banking regulator said that it has increased bank monitoring in the country
TechnologyTop StoriesElon Musk puts Twitter’s value at just USD 20 billion dollarsGBO CorrespondentMarch 28, 2023March 28, 2023 GBO CorrespondentMarch 28, 2023March 28, 202301585 Since taking control over Twitter, Elon Musk has drastically reduced the workforce, lowering it from 7,500 to under 2,000.
EnergyTop StoriesIMF raises stagnation risk for South Africa as power outages take toll on country’s growthGBO CorrespondentMarch 28, 2023March 28, 2023 GBO CorrespondentMarch 28, 2023March 28, 202301227 International Monetary Fund delegation reported a worsening of South Africa's short-term growth prospects
AviationTop StoriesJapan Airlines done deal, Ryanair next on radar: Boeing eyes a bumper 2023GBO CorrespondentMarch 27, 2023 GBO CorrespondentMarch 27, 202301946 JAL's narrow-body fleet is dominated by the Boeing 737-800, of which the airline currently owns 47 and leases an additional 17 aircraft
EconomyTop StoriesWorld Bank deal, Chinese metallurgy project: Egypt economy gets double boostGBO CorrespondentMarch 27, 2023March 27, 2023 GBO CorrespondentMarch 27, 2023March 27, 202301226 According to a release from the World Bank, the CPF will involve USD 2 billion over the next five years from the IFC and USD
EconomyTop StoriesExpensive housing market hurts Nigeria citizens further amid uncontrollable inflationGBO CorrespondentMarch 24, 2023March 24, 2023 GBO CorrespondentMarch 24, 2023March 24, 202301689 Nigeria’s inflation rate hit a fresh 17-year high of 21.91% in the early half of 2023