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Tag: JOB CREATION

Business / economics

Namibia’s Economy Grows to N$245 Billion in 2024 but Faces Challenges

March 20, 2025March 20, 2025 - by Marcus Chen - Leave a Comment

Namibia’s economy expanded to N$245.1 billion in 2024 from N$228.9 billion in 2023, marking a growth of N$16.2 billion. The Namibia Statistics Agency reported a 3.7% increase in real value …

Namibia’s Economy Grows to N$245 Billion in 2024 but Faces Challenges Read More
Business / Companies

Minerva BEEF3 Commits to Debt Reduction Following Major Acquisition

March 20, 2025March 20, 2025 - by Allegra Nguyen - Leave a Comment

Minerva BEEF3, South America’s largest beef exporter, has pledged to reduce its debt after a significant acquisition. This decision comes in response to ongoing concerns about the company’s debt levels, …

Minerva BEEF3 Commits to Debt Reduction Following Major Acquisition Read More
Companies

Cameroon’s Public Debt Increases to CFA14.237 Trillion in 2024

March 20, 2025March 20, 2025 - by Liam Nguyen - Leave a Comment

Cameroon’s public debt grew by 7.8% in 2024, totaling CFA14.237 trillion, approximately 45.6% of GDP. This increase is mainly due to government borrowing. The National Sinking Fund notes that the …

Cameroon’s Public Debt Increases to CFA14.237 Trillion in 2024 Read More
Companies / economics

Brazil’s 2025 Budget Bill Projects Higher Surplus Following Revision

March 20, 2025March 20, 2025 - by Liam Nguyen - Leave a Comment

Brazil’s budget bill anticipates a 15 billion reais primary surplus for 2025, an adjustment from 3.7 billion. This revision stems from improved revenue projections and is part of a new …

Brazil’s 2025 Budget Bill Projects Higher Surplus Following Revision Read More
Business / economics

Overview of Argentina’s Economic Performance in 2024

March 20, 2025March 20, 2025 - by Marcus Chen - Leave a Comment

Argentina’s economy shrank 1.7% in 2024; however, it saw a 1.4% quarterly growth in Q4, with a year-on-year GDP increase of 2.1%. The country faces ongoing economic challenges despite slowing …

Overview of Argentina’s Economic Performance in 2024 Read More
Business / Companies / economics

Hapvida Strengthens Financial Position with Accounting Corrections and Debt Renegotiation

March 20, 2025March 20, 2025 - by Carmen Mendez - Leave a Comment

Hapvida has corrected its accounting practices from 2016 to 2023, which positively impacted its 2024 net equity by 503 million reais under CPC 50 standards, though it decreased by 202 …

Hapvida Strengthens Financial Position with Accounting Corrections and Debt Renegotiation Read More
Business / Companies / economics

Hapvida Enhances Financial Transparency Through Accounting Adjustments and Debt Renegotiation

March 20, 2025March 20, 2025 - by Liam Nguyen - Leave a Comment

Hapvida, a Brazilian healthcare operator, is implementing corrections to its accounting methods from 2016 to 2023, resulting in a net equity increase of 503 million reais. The company is also …

Hapvida Enhances Financial Transparency Through Accounting Adjustments and Debt Renegotiation Read More
Business / economics

Morocco Targets Budget Deficit Reduction Below 67% by 2027

March 19, 2025March 19, 2025 - by Allegra Nguyen - Leave a Comment

Morocco plans to reduce its budget deficit under 67% by 2027, focusing on fiscal discipline and social protection. The government anticipates a decrease in the Treasury’s debt ratio, while projects …

Morocco Targets Budget Deficit Reduction Below 67% by 2027 Read More
Business / Companies / economics

Kenya Pursues New IMF Loan Amid Economic Challenges

March 18, 2025March 18, 2025 - by Sofia Nawab - Leave a Comment

Kenya abandons its current IMF programme to negotiate a new loan as it faces economic challenges due to rising debt repayment costs. The IMF has acknowledged the request for a …

Kenya Pursues New IMF Loan Amid Economic Challenges Read More
Business / economics

Sri Lanka Achieves First Economic Growth Since Crisis in 2024

March 18, 2025March 18, 2025 - by Allegra Nguyen - Leave a Comment

In 2024, Sri Lanka’s economy grew by 5.0 percent, marking its first full year of growth since the crisis began in 2022. The previous year’s contraction of 2.3 percent highlights …

Sri Lanka Achieves First Economic Growth Since Crisis in 2024 Read More

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