Business and Economy

Inflation in Ghana accelerated at a faster pace than expected in July as a slump in the value of the cedi raised the cost of imported goods like cooking oil …

Standard and Poor’s(S&P), Global Ratings, has revised Ghana’s rating from B-/B to CCC+/C, putting the country’s creditworthiness into junk status. It also reviewed the country’s economic outlook to negative, reflecting …

Rising debt has pushed Nigeria up the World Bank’s top 10 International Development Association borrowers’ list. The World Bank Fiscal Year 2021 audited financial statements, known as the IDA financial …

Nigeria lost N891bn to gas flaring in 18 months. This was disclosed in the latest data released by the Nigerian Oil Spill Monitor, an arm of the Nigerian Oil Spill …

Tetouan’s Saniat R’mel airport tops the list of  Moroccan airports with a strong post-pandemic recovery of passenger traffic. Traffic at the airport bounced back more than fourfold in the first …

The Bank of England, on Thursday, raised its interest rates from 1.25 percent to 1.75 percent, the biggest hike in 27 years. According to the central bank of the United Kingdom, the decision …

Trade between Morocco and Israel saw an increase of 1% in the first half of 2022 compared to the same period last year. New data from the Abraham Accords Peace …

The equity capitalization in the Nigerian capital market rose to N27.30 trillion at the close of trading on Tuesday. The figure was N364.3 billion higher than the N26.93 trillion posted …

Massmart, the embattled owner of Game and Makro, expects its headline loss to increase by at least 51% for the 26 weeks to end-June, to a possible loss of R974 …

JSE has maintained its market share, Despite competition from new entrants like A2X the company said in its half-year results on Tuesday. The JSE still represents 99.7% of equity market …