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News
EDITORIAL: Kenya must get more from its minerals
5+ hour, 30+ min ago (227+ words) The lawful community and county shares of mining revenues must reach beneficiaries transparently and on time. Africa is rich in minerals and natural resources, yet for decades foreign companies have extracted this wealth, shipped it abroad and created much of…...
S&P Affirms Saudi Arabia at A+/A-1 with Stable Outlook
11+ hour, 26+ min ago (862+ words) S&P Global Ratings has affirmed Saudi Arabia’s long- and short-term sovereign credit ratings in both foreign and local currencies at A+/A-1, maintaining a stable outlook as the Kingdom navigates the economic and fiscal pressures stemming from the wider…...
Why India’s balance of payments recovery deserves scrutiny
6+ hour, 53+ min ago (662+ words) An oil-dependent economy in an oil-volatile world To put this in perspective: India’s current account deficit was just 0.6 per cent of GDP in FY26 and 0.6 per cent in FY25. The projected widening to up to 1.2 per cent of GDP represents a doubling…...
Nigeria's Digital Economy Faces a Growing Gap Between Mobile Surplus and Wired Scarcity
4+ hour, 59+ min ago (268+ words) Technology & Infrastructure News Nigeria's telecommunications landscape paints a stark picture of a nation grappling with a digital divide that widens with every new SIM card added. According to the most recent industry statistics confirmed in July 2026, operators launched 12.8 million new…...
Turkiye posts first current account surplus in 9 months
9+ hour, 52+ min ago (279+ words) Türkiye recorded the first current account surplus in nine months in July, official data showed Friday, as strong services revenues and an improvement in the trade deficit supported the external balance. Data from the Central Bank of the Republic of…...
Hyundai Research Institute raises South Korea's 2026 growth forecast to 3.5%
5+ hour, 17+ min ago (439+ words) Recovery in facility investment and expanded government spending also seen supporting growth The Hyundai Research Institute has raised its growth forecast for the South Korean economy this year to 3.5 percent from 2.7 percent, citing strong semiconductor exports driven by rising global…...
UK economy beats expectations in July with growth
10+ hour, 8+ min ago (294+ words) LONDON: Britain’s economy grew by a much stronger than expected 0.4percent in July, extending the strong performance seen in the first half of the year despite headwinds from the US-Iran war, figures from the Office for National Statistics showed on Friday....
The multiplicity of economic and social problems confronting the country | Print Edition - The Sunday Times, Sri Lanka
5+ hour, 6+ min ago (493+ words) The country is facing a multiplicity of economic and social problems that have to be resolved for its economic and social development. These structural problems cannot be resolved easily, but if they are not resolved, they would impede and hamper…...
S&P Global Ratings Affirms Saudi Arabia Credit Rating at A+ with Stable Outlook
22+ hour, 30+ min ago (1535+ words) Credit rating agency S&P Global affirmed Saudi Arabia's credit rating at A+ with a stable outlook, according to its latest report. It stated that the stable outlook reflects its view that Saudi Arabia will be able to withstand pressures…...
Tinubu’s $1tr economy plan not feasible with current power
8+ hour, 13+ min ago (1615+ words) Sunday, September 13, 2026 13 September 2026 12:10 am WAT By Christy Anyanwu in London Adedamola Aminu is a Nigerian politician based in the United Kingdom, an academic and Principal Partner of AA Management Training & Consultancy Ltd. He is a former Chairman of the Association…...