Thu, 22 Apr 2021

NAIROBI -- Kenya's digital mobile lenders' revenues are expected to return to pre-COVID-19 levels in 2021, a trade group head said on Monday.

Digital credit has been gradually resuming to normalcy this year and is currently at the rate of 4 billion shillings (about 36 million U.S. dollars) monthly, said Kevin Mutiso, chairman of the Digital Lender Association of Kenya. (Kenya-Mobile Lending)

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HARARE -- Zimbabwe's mining sector is on course to attain a government target of hauling minerals worth 12 billion U.S. dollars by 2023, state-run Herald newspaper reported Monday.

In 2019, Zimbabwean President Emmerson Mnangagwa launched a strategic roadmap to achieving the ambitious plan as part of the government's quest to revive the country's economy and attain upper-middle-income status by 2030. (Zimbabwe-Mining Industry)

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JERUSALEM -- Israel's annual budget deficit reached a record of 173.9 billion new shekels (about 52.17 billion U.S. dollars), said a report issued by the country's Ministry of Finance on Sunday.

The deficit figure, between March 2020 and February 2021, accounts for 12.4 percent of Israel's GDP, much higher than the government's target of 3 percent. (Israel-Budget-Deficit)

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BEIJING -- Foreign experts and observers are confident that China will achieve its gross domestic product (GDP) target for 2021, saying it inspires hope for global economic recovery.

China aims to expand its economy by more than 6 percent in 2021, according to a government work report delivered by Premier Li Keqiang at the opening of the national legislature's meeting on Friday. (China-Two Sessions)

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