Business

Zimbabwe has become the latest country to tighten its borders following the outbreak of the deadly Listeria disease detected in meats sold in South Africa.

South Africans were told on Sunday not to consume ready-to-eat processed meat as the government identified the source of a listeria outbreak that has killed 180 people as a cold meat product made by the country’s biggest consumer foods group.

Ghana must legislate new measures to boost revenues by at least 0.5 percent of Gross Domestic Product (GDP) before the International Monetary Fund (IMF) reviews a $918 million credit deal next month, the Fund has said.

Barclays Africa Group Limited, one of the largest banking groups in Africa, is set to change its name to Absa Group Ltd subject to shareholder and regulatory approval.

Confidence in South Africa’s economy will get a boost after Monday’s cabinet reshuffle by President Cyril Ramaphosa returned trusted hands to crucial budget-related ministries, a Reuters poll showed on Thursday.

US cable TV giant Comcast has made a £22.1bn bid for Sky, challenging an existing offer from 21st Century Fox.

What's behind the new push to introduce a West African single currency, the Eco? A statement by Ghana's finance minister indicates Accra may be making one last attempt to realise this elusive goal.

Ghana’s President Nana AddoDankwa Akufo-Addo, on Tuesday, launched a 10-year Cashew Development Plan, aimed at diversifying Ghana's agricultural sector. Recounting a commitment he made on 19th March 2016, at Suma Ahenkro, in the Jaman North constituency, President Akufo-Addo bemoaned the over-reliance of Ghanaian agriculture on the production and export of cocoa, in contrast with the situation in neighbouring Cote d’Ivoire. He noted that Cote d’Ivoire has succeeded in diversifying its agriculture, which included the production and export of other cash crops, and, as a result, earned that country some $12 billion from the export of agricultural produce in 2015.

Heads of State from the Economic Community of West Africa States ECOWAS are meeting in Accra on Wednesday in a bid to fast track processes towards meeting the 2020 target for the introduction of a single currency ECO.

Farming employs the majority of people in most African countries and the agricultural sector provides the backbone to the economy in many of these countries.