Banking remains the heart of modern-day commerce. The ease and reliability at which funds can be distributed from sellers to buyers play a critical role in the sustenance of the …
German Foreign Minister Robert Habeck opened the two-day German-Africa business summit in Johannesburg with positive words. “The government will provide additional incentives for investment in regions like southern Africa where …
Experts on Wednesday raised concerns over a new policy announced by the Central Bank of Nigeria that heavily limits withdrawals of money in a push for a cashless economy. The …
The world’s 69 poorest countries need an extra $436 billion over five years to address the aftermath of Covid-19, rebuild external buffers and grow incomes, the International Monetary Fund said. …
Electric car maker Tesla is starting production of its Semi lorry, chief executive Elon Musk has announced. Mr Musk confirmed via Twitter that deliveries of the lorry would commence on …
The World Bank has classified Ghana as a high debt distress country as it projects the nation’s debt to Gross Domestic Product (GDP) of 104.6 per cent by the end …
PetroSA is taking steps to end a legacy of mismanagement and continuing annual losses as it plans a project with TotalEnergies , according to its interim chairman. The state-owned oil …
Sterling Bank Plc has announced plans with her partners, Leadway Assurance, Nestle Nigeria Plc, Microsoft Nigeria, Thrive Agric, GIZ, Stears Data among others, to unlock $1trillion in Africa’s agricultural sector, …
A Delaware judge ordered a halt to Twitter Inc’s lawsuits against Elon Musk on the eve of trial to give the billionaire time to finance his $44 billion takeover of …
Rating agency, Moody’s has downgraded Ghana’s long-term issuer and senior unsecured debt ratings to Caa2 from Caa1 and placed the ratings on review for downgrade. The rating downgrade to Caa2, …
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