Friday, January 23, 2026
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Business

Tanzania calls off Kenya trade row meeting

Tanzanian officials have put off a meeting intended to iron out outstanding trade disputes with Kenya amid concerns Dar es Salaam was maintaining a hardline stance in the spat.

Dangote to invest $450m into agric business in Niger state

Alhaji Aliko Dangote, the President of Dangote Group, on Monday said the company would invest $450 million in agriculture in Niger State over the next three years.

Licenses of two Ghanaian banks revoked over lack of funds

Two local banks in Ghana, Capital Bank and UT Bank have had their licenses revoked by the country’s central bank over lack of funds.

Congo reinstates VAT on imports for mining companies

Congo has reinstated a value added tax on mining company imports, the chamber of mines said on Saturday, part of what miners say is a deteriorating business climate in the country.

Rwanda to sell 5-year Treasury bond in August

Rwanda will sell a five-year Treasury bond worth 10 billion francs ($12.12 million) this month to fund infrastructure projects, the central bank said on its website.

Uber’s Travis Kalanick sued for fraud

Travis Kalanick, the former Uber chief executive who was ousted in June, is being sued by one of the company's biggest investors.

IMF revises Botswana’s 2017 growth forecast

The International Monetary Fund (IMF) has revised Botswana's 2017 and 2018 economic growth forecast due to rising diamond demand, investment in the water and power sector and reforms to attract investment.

Egypt inflation surges to 33% after fuel subsidy cuts

Egypt's official statistics agency says the country's inflation rate has jumped to 33% in July - up from 29.8% in June.

Toshiba delivers long-awaited earnings

Toshiba has met a deadline to report its long-awaited earnings results, reducing the risk that the firm will be delisted from the Tokyo Stock Exchange.

Facebook introduces new video service

Social media giant Facebook has made a move into dedicated video, pitting it against YouTube and TV networks. Users will soon see a new Watch tab that will offer a range of shows, some of which have been funded by the social network.

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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