Wednesday, April 22, 2026
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Business

Toshiba faces angry shareholders as chip division sale delayed

Executives at crisis-hit Toshiba faced hundreds of angry shareholders Wednesday as the firm announced it has not yet clinched a deal to sell its...

Cellulant to foster trade between Kenya and Ghana with upcoming trade expo

Cellulant, a Pan-African FinTech Company headquartered in Nairobi, has signed a partnership agreement with the Kenya Trade Expo Ghana 2017 during a ministerial visit...

Poultry products from South Africa banned over bird flu

Zimbabwe, Namibia and Botswana on Tuesday suspended poultry imports from South Africa with immediate effect following outbreaks of highly contagious H5N8 bird flu. South Africa...

Kenya withdraws proposed ban on used clothes from the U.S.A

Kenya has withdrawn a proposed ban on used clothes by the East African regional bloc after threats by the United States to review trade...

European Commission slaps Google with record 2.7 billion dollar antitrust fine

Google has been fined 2.42bn euros ($2.7bn; £2.1bn) by the European Commission after it ruled the company had abused its power by promoting its own shopping comparison service at the top of search results. The amount is the regulator's largest penalty to date against a company accused of distorting the market. The ruling also orders Google to end its anti-competitive practices within 90 days or face a further penalty. The US firm said it may appeal.

Black Star Holding Limited acquires minority stake in Ghana’s Enterprise Group

US firm Black Star Holding Limited (BSHL), a wholly owned subsidiary of LeapFrog Strategic African Investment (LSAI), has acquired the minority shareholder in three subsidiaries of Enterprise Group in Ghana The three subsidiaries are Enterprise Life, Enterprise Insurance and Enterprise Trustees. BSHL takes over the ownership which hitherto belonged to Sanlam Emerging Market Proprietary Limited of South Africa (Sanlam).

IMF Approves US$16.1Million for The Gambia

The Executive Board of the International Monetary Fund (IMF) today approved emergency financial assistance under the Rapid Credit Facility (RCF) in the amount equivalent to SDR11,662,500 (about US$16.1 million) for The Gambia to enable the authorities to meet their urgent balance of payment needs. In addition, the Board was informed about the IMF Managing Director’s approval of a one-year staff-monitored program (SMP) to guide policy implementation.

South Africa bans sale of live hens to contain bird flu

South Africa has banned the sale of live hens throughout the country in a bid to control an outbreak of highly contagious H5N8 bird...

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...

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