Friday, November 15, 2024
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Business

IMF to Help Somalia Print First Banknotes in Quarter Century

The International Monetary Fund is backing Somalia’s plans to replace tattered currency notes that were printed before the Horn of Africa nation plunged into...

AfDB officials visit The Gambia for dialogue and portfolio review

An African Development Bank mission, in collaboration with the World Bank Group has visited Banjul, Gambian to engage with the new authorities and discuss...

South Africa’s Steinhoff and Shoprite scrap merger plan

South Africa's Steinhoff and grocery retailer Shoprite have called off a deal to create an African retail giant, they said on Monday, following opposition...

Nairobi limits flights to salvage Kenya Airways’ fortunes

Kenya is limiting the issuing of new licences for global airlines seeking to exploit the strategic Nairobi hub in a protectionist move aimed at...

Nigeria yet to decide how much to borrow from World Bank

Nigeria has not decided yet how much it wants to borrow from the World Bank, its budget minister said on Wednesday, to help pay...

South Africa’s ANC attacks banks over forex rigging charges

South Africa's ruling ANC party called on Thursday for the toughest possible sanctions against more than a dozen local and foreign banks accused of...

IMF to extend Ghana’s three year bailout program

The International Monetary Fund is expected to extend Ghana’s three year program with the Fund after some targets under the bailout deal were missed...

Cocoa farmers in Ivory Coast on strike

Cocoa farmers in Ivory Coast on Wednesday embarked on strike over the refusal of Cocoa buyers to buy their harvests this year. The farmers in...

Angola now becomes Africa’s top oil producer

Angola has taken over from Nigeria as Africa’s top oil producer, according to a report by the Organization of Petroleum-Exporting Countries (OPEC). OPEC’s Monthly Oil...

Toshiba chairman quits over $3.4bn loss

Toshiba chairman Shigenori Shiga has resigned, hours after the Japanese conglomerate revealed details of a multi-billion dollar loss. Earlier Toshiba had delayed issuing its results,...

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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