Economy

Goldman Sachs, a global investment banking giant has raised concerns about what it describes as “No sense of urgency” by the Ghanaian government in closing a programme with the International …

Kenya has spent Sh71.17 billion to subsidize diesel, super and kerosene in the six months to June, highlighting the burden of the fuel stabilization scheme on the national budget. Consumption …

Businessman and co-founder of the IT firm SevenSeas Technology Limited, Michael Macharia, has won a Sh1.6 billion award against the government following a cancelled contract to wire 98 State hospitals. …

The Nigerian Ports Authority(NPA), on Friday, said it generated a sum of N172.3billion in the first six months of 2022, out of which it remitted the sum of N78.496billion to …

The annual bilateral trade volume between Nigeria and Japan stands at one billion dollars. The ambassador of Japan to Nigeria, Mr. Matsunaga Kazuyoshi revealed this at the 2nd Japan-Nigeria business …

The Monetary Policy Committee (MPC) decided, Thursday to keep the Central  Bank of Egypt’s (CBE) interest rates unchanged for the second time in a row during the first meeting led …

Main Development Company for Suez Canal Economic Zone (MDCsczone) has signed a contract with DP World, an Emirati multinational logistics company for the establishment of a new logistics zone with …

Kenya Revenue Authority (KRA) has been given the nod to enforce the collection of winnings or betting tax using agency notices, as they are income and subject to taxation. In …

American digital bank UMBA recently acquired a majority stake in Daraja, a deposit-taking microfinance bank, in the latest purchase that has made the loss-making industry a target for acquisitions. The …

The European Union (EU) and the German Development Cooperation have jointly launched a 2.8 million euro Covid-19 vaccine manufacturing project in Ghana. The vaccine manufacturing project will be implemented over …