By prioritizing local content and capacity building, Mozambique seeks to transform foreign direct investment into long-term, sustainable socioeconomic growth February 25, 2021/AOP Conference By Charné Hundermark Mozambique is experiencing an influx of investment across energy, agriculture, tourism, construction and mining sectors, positioning the country for transformative economic growth. The benefits […]
OPINION/EDITORIAL
Zenith Bank Plc FY-2020 Audited Financial Result: Making a killing on cheap deposits
February 24, 2021/United Capital Report Making a killing on cheap deposits Zenith Bank Plc (“ZENITH”) released its FY-2020 results earlier, reporting a 5.2%y/y growth in Gross Earnings (GE) to N696.5bn. Also, PBT and PAT rose 5.2% and 10.4% to N255.9bn and N230.6bn while Loans and deposits expanded by 19.1% and […]
The Great Divergence: A Fork in the Road for the Global Economy
February 24, 2021/IMFBlog By Kristalina Georgieva As G20 finance ministers and central bank governors meet virtually this week, the world continues to climb back from the worst recession in peacetime since the Great Depression. The IMF recently projected global GDP growth at 5.5 per cent this year and 4.2 per […]
