Saturday, March 7, 2026
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Business

How the Hawala system of transferring money works in Africa

Hawala is a process of transferring money from one country to the other without moving it physically. The money transfer process involves trust and balancing of...

Botswana bans sale of alcohol to curb COVID-19

The government of Botswana has banned the sale of alcohol in a bid to curb the spread of COVID-19. All liquor licenses have also been...

Ghana: Businesses sack 42k workers, cut wages for 770k due to Covid-19

The shock caused by the COVID-19 pandemic has had considerable impacts on Ghanaian businesses, forcing many firms to cut costs by reducing staff hours,...

[Photos]: Ghana unveils locally assembled Volkswagen cars

Ghana's President Nana Akufo-Addo on Monday unveiled Volkswagen vehicles assembled in the West African country for the first time. The cars were assembled in VW...

Rwanda reopens its airports to international travellers

After months of suspending international flights due to the coronavirus pandemic, Rwandan airports have now reopened to international travellers. On Saturday commercial passenger flights resumed...

Grocery retailer Shoprite to exit Nigeria after 15 years

Africa's biggest grocery retailer, Shoprite, is exiting the continent's most populated country, Nigeria, after 15 years. The Cape Town-based retailer has started a formal process...

Covid-19: Kenya resumes international flights

Kenya on Saturday resumed international flights after earlier suspension months ago due to the coronavirus pandemic. The first flight left the Jomo Kenyatta International Airport...

The push for South Africa to have a startup act

A co-created and tailor-made national Startup Act will be a powerful tool for empowering entrepreneurs and addressing key developmental issues in South Africa, although...

AfDB: Adesina cleared again of corruption by independent panel

An independent panel probing the boss of the African Development Bank (AfDB) Akinwumi Adesina has cleared him of any corruption charges. Adesina who is seeking...

Ghana spends $10 million on free meals during Covid-19 lockdown

It has emerged that the government of Ghana spent about $10 Million on the provision of free hot meals for the vulnerable during the...

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