Nigeria: Fuel shortages betray bad business environment
- Fuel marketers demand subsidies payments, while president-elect says there are no subsidies
by Andrew Jay Rosenbaum
ANKARA - While Nigerian fuel marketers have agreed to resume...
South Sudan: Businesses fail amid hyperinflation
Major businesses close down, as prices skyrocket since the devaluation of the currency on Dec. 15 by Parach Mach
JUBA, South Sudan - Moses...
Daily performance of shares on Borsa Istanbul
- Top 10 shares in terms of value gained and lost on a daily basis Friday, May 8, 2015.
ISTANBUL - The top 10 shares in terms...
Turkey’s Treasury borrows 5.4 bn lira through auctions
Treasury seeks to pay down $14 billion of domestic debt through bond sales.
ANKARA - Turkey's Treasury has raised 5.4 billion Turkish liras ($2 billion) after running two bond auctions...
Malawi leader projects 5.4% economic growth
He expected inflation rates to drop from 23.8 to 16.4 percent
LILONGWE, Malawi – Malawian President Peter Mutharika insisted on Tuesday that the national economy...
Zambia: 10,000 jobs at risk as mining industry struggles
Power shortages, devalued kwacha and low price of copper leading to closed mines and layoffsBy Francis Maingaila LUSAKA, Zambia - Pressured by falling...
Uganda struggles to pay international commitments
Suspension of membership in key environmental groups is possible, Auditor-General warns by Halima Athumani
KAMPALA, Uganda - Uganda has fallen behind in payments due...
Turkey: Motor vehicle production up 28 pct in 2015
Exports surged 17 percent in the first four months of the year, the Automotive Manufacturers' Association said.
ANKARA - Turkey’s motor vehicle production increased 28 percent...
ECB to extend stimulus program through 2018: S&P
Depreciation of emerging-market currencies makes QE ineffective, credit agency saysANKARA - The European Central Bank is likely to extend its economic stimulus program until mid-2018, credit...
Iran calls for energy cooperation
-President Hassan Rouhani calls for members of Gas Exporting Countries Forum to help stabilize market
ANKARA - Iran called for closer cooperation between energy exporting countries to...
Workers return to work at Turkish Renault plant
- Staff at plant in Bursa accept management offer just hours after earlier rejection
BURSA, Turkey – Workers at Oyak Renault’s plant in northwest Turkey...
Ethiopia: Remittances from abroad jump by $2 billion
-Ethiopians abroad invest massively in the country, Foreign Ministry saysby Seleshi TessemaADDIS ABABA - Remittances to Ethiopians from abroad increased sharply in 2015,...
Istanbul Gold Exchange down
Istanbul Gold Exchange index loses 1.48 percent in value on Tuesday, April 28, 2015.
ISTANBUL - The Istanbul Gold Exchange index lost 1.48 percent in value on Tuesday, April...
PayPal, from June 6 onwards drawn from Turkey!
PayPal is one of the most widely used payment and money shopping platform in the world, it has announced that as of June 6,...
Turkey: EIB loans $100 million to TSKB bank
-European Investment Bank loan is to be used to provide finance to smalland medium-sized enterprises
ISTANBUL – Turkey Industrial Development Bank (TSKB) secured a $100 million...
BREAKING NEWS
EU Business School Leads the Way for Aspiring Entrepreneurs
It's a common misconception that in order for an entrepreneur to establish a thriving business from scratch, he or she must be either supernaturally...
