Monday, July 7, 2025
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Business

Ghana gets $15bn from China for its economy

The Vice President Dr. Mahamudu Bawumia has expressed optimism over a $15 billion funding partnership agreement and commitment reached between the Government of Ghana...

Ford recalls over 15,000 cars in South Africa over fire risk

Ford Motor Co is recalling nearly 16,000 Ikon and Figo models in South Africa due to a potential fire risk, it said on Friday. The...

Djibouti opens key port project at Lake Assal

Djibouti has today opened the Port of Ghoubet as a key terminal for the export of salt from the world-famous Lake Assal. The US$64...

Kenya to raise tax rate on gambling to 35 percent

Kenya's president signed a law on Wednesday that raises the tax rate on gambling but sets it at a lower rate than had originally...

Kenya trade expo in Ghana to boost intra-African trade

Kenyan businessmen will have opportunity to explore investment and trade opportunities in west Africa following a trade expo to be held in Ghana in...

Nigeria mulls intervention to rescue Etisalat

Embattled Etisalat Nigeria, a telecom giant, may get respite as key institutions are reported to be finding a solution to its financial predicament. The company...

Opinion: Brexit – The Question for Intra-Africa Trade

Britain's exit from the EU has brought into question the benefits of intra-regional trade, with some commentators suggesting that it could sound a warning...

Uber chief executive Kalanick resigns

Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built into...

Fresh Ideas, Scaled-up Ambitions for Investment in Ghana and Beyond

Two years ago, world leaders convened in Addis Ababa for a remarkable first—the global community met to agree on ways to finance the ambitious Sustainable Development Goals (SDGs), with the objective of virtually eliminating extreme poverty. The development needs of today, and through the year 2030, are enormous. With that recognition, we are no longer talking about the billions of dollars needed to support our renewed development goals—we are talking about the trillions.

Barclays charged with fraud in Qatar case

Barclays PLC and four former executives have been charged with conspiracy to commit fraud and the provision of unlawful financial assistance. The Serious Fraud Office charges come at the end of a five-year investigation and relate to the bank's fundraising at the height of 2008's financial crisis. Former chief executive John Varley is one of the four ex-staff who will face Westminster magistrates on 3 July.

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