COVER STORY

Pandemic creates one new billionaire every 26 hours

17M people have died from COVID-19—a scale of loss not seen since the Second World War By Oxfam International Lead author: Nabil AhmedContributing authors: Anna Marriott, Nafkote Dabi, Megan Lowthers,Max Lawson, Leah Mugehera Commissioning manager: […]

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Banks remained profitable, recording an annualized net profit growth of 8.5% last year. Capitalization remained ample, with the capital adequacy ratio staying well above the BSP’s 10% minimum requirement and the 8% prescribed by the Bank […]