The International Monetary Fund (IMF) has cooled speculations that Ghana is poised to start talks on the restructuring of its debt as part of plans to secure a $3 billion …
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Economy
- AfricaAFRICA NEWSBusinessEconomyEnergyGhanaINVESTMENTNewsOil & GasSpotlightWestern Africa
Ghana conducts oil and gas roadshow in Texas to attract investors
The Petroleum Commission together with upstream players, GNPC, GOIL, and Base Energy under the leadership of the Minister for Energy, Dr. Matthew Opoku Prempeh is in Houston, Texas, United States …
Morocco’s Administration of Customs and Indirect Taxes (ADII) issued a statement on September 26, to define the new rules governing the procedure for advance clearance of goods Imported by sea and …
Emmerson PLC, a British company producing fertilizers, announced today securing $6 million in investment funds to develop the in Khemisset, a town 100 kilometers east of Rabat. To secure the …
- BusinessEastern AfricaEconomyMarkets
KEBS Reassures Kenyans that Edible Oils And Fats In The Market Are Safe for consumption
The Kenya Bureau of Standards (KEBS) has assured Kenyans that the edible oils and fats in the market are safe for use except for specific batches it had listed on …
- BusinessEastern AfricaEconomy
Nairobi County Exempts freelance Photographers and Filmmakers From Paying Business Permit Fees
The Nairobi County Government has exempted freelance photographers and filmmakers from paying business permit fees. According to Finance and Economic Planning County Executive Lawrence Wambua, all photographers and filmmakers have …
- AfricaAFRICA NEWSBusinessEconomyEnergyNewsSouth AfricaSouthern Africa
Eskom, the dysfunctional power company wrecking South Africa’s economy
In late June, the coldest part of the Southern Hemisphere winter, the power went out in South Africa. For as many as eight hours a day, right into early July, traffic …
- Banking, Finance & InvestmentEastern AfricaEconomy
CBK under pressure from Wealthy investors and financiers to increase the cost of government borrowing rates
Wealthy investors and financiers like banks and pension schemes are putting pressure on the Central Bank of Kenya (CBK) to increase the cost of government borrowing as global hikes in …
- AfricaBusinessEconomyGlobal NewsNewsSpotlight
King Charles III will be on banknotes by mid-2024, Bank of England says
Banknotes featuring a portrait of King Charles III are expected to enter circulation by the middle of 2024, the Bank of England said Tuesday. The central bank will reveal the …
Ghana began talks with the International Monetary Fund on Monday for an IMF-supported lending programme, the government said in a statement, in a bid to reduce economic hardship that spurred …