Business

Another big company in South Africa has broken ties with the global auditing firm KPMG following the company's recent involvement with the controversial Guptas accused of securing contracts from the government through undue influence from President Jacob Zuma.

African Development Bank is to roll out an ambitious programme to cultivate the Savannah in Ghana and other seven African countries. The initiative dubbed Transformation of the African Savannah will begin next month.

Prominent African and international business executives and investors to explore business opportunities at the Africa Trade and Investment Global Summit (ATIGS), a prestigious biennial conference and exhibition to be held on June 24-26, 2018 in Washington, DC, USA.Organized by GAA Exhibitions & Conferences, the 2018 ATIGS edition will gather 2000-plus key economic players from more than 70 countries including government delegations, high-profile African leaders, project developers and international investors on June 24, 25 and 26, 2018 in Washington, DC.

Three World Food Prize laureates are demanding immediate action to address the invasion of armyworms which has caused destruction to crops on the African continent.

A senior United Kingdom politician has said that banks in the UK may have been used to launder money stolen from South Africa.

Officials in Ghana’s poultry industry have said that the country is losing more than $200 million annually due to cheap broiler imports.

The African Development Bank President, Akinwumi Adesina, will deliver the Norman Borlaug Lecture as part of the World Food Prize events taking place from October 16-20, 2017 in Des Moines, Iowa, USA.

Samsung Electronics chief executive Kwon Oh-hyun has resigned citing an "unprecedented crisis".

Ghana reached a major milestone on October 4, 2017 after using US$200 million of its oil and gas resources from a Sinking Fund account as well as proceeds from previous Bond issues to “buyback” or redeem the last instalment of the 10-year Sovereign Bond issued in 2007.

Tullow Oil plc (Tullow) has acquired 90% stakes in four onshore blocks in Côte d’Ivoire. Petroci, the national oil company of Côte d’Ivoire, holds the remaining 10%. The four blocks - CI 518, CI519, CI301 and CI302 – cover 5,035 square kilometres and located on the coastline of Côte d’Ivoire mostly to the west of Abidjan.