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Japan's economy shrinks 4.8% in 2020 due to Covid

2021-02-15 05:31:46| BBC News | Business | UK Edition

The disappointing figure comes despite surging growth in the second half of the year.

Tags: to due economy japans

 

Covid contraction shrinks German economy by 5%

2021-01-14 14:24:06| BBC News | Business | UK Edition

Figures for 2020 show a sharp decline, but less severe than many economists had expected.

Tags: german economy contraction shrinks

 
 

Safaricom H1 service revenue falls 5% as M-Pesa turnover shrinks by 15%, active customers rise 14%

2020-11-09 09:33:00| Telecompaper Headlines

(Telecompaper) Kenyan operator Safaricom's net profit decreased by 6.0 percent to KES 33.07 billion in the first six months to 30 September from KES 35.19 billion in the same period of 2019. Total revenue decreased by 4.1 percent to KES 124.53 billion from KES 129.92 billion in 2019 with service revenue dropping 4.8 percent to KES 118.41 billion from KES 124.32 billion. The company attributed the decline to Covid-19 pandemic, blaming the decline in service revenue performance on lower M-Pesa and voice revenues.

Tags: service active customers rise

 

Taxpayers' bad loan bill shrinks to 'only' 20bn

2020-09-15 07:03:56| BBC News | Business | UK Edition

Taxpayers will have guaranteed nearly 70bn in loans to UK firms by March 2021, according to TheCityUK.

Tags: bad bill loan taxpayers

 

UK economy shrinks by one-fifth under lockdown

2020-07-14 09:08:13| BBC News | Business | UK Edition

The UK's economy shrank by 19.1% in the three months to May, the Office for National Statistics says.

Tags: under economy shrinks lockdown

 

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