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FSD Africa to support Ghana’s Security and Exchange Commission

Ghana's Securities and Exchange Commission (SEC) is to receive support from the Financial Sector Deepening Africa to strengthen its work. A memorandum of understanding to...

Zimbabwe announces pay cut for top public officials

Zimbabwe has announced a pay cut for senior public officials as the country struggles to revive its economy. The latest move is part of several...

BP to invest $1 billion in South Africa

BP Southern Africa (BPSA) says it will be investing some $1 billion in the southern African country. The investment will cover the next five years,...

China risks eviction from World Trade Organization

The world's second largest economy China risks losing its membership from the World Trade Organizations. It follows comments by President Trump’s economic adviser that there...

Tanzania suspends issuance of license to Forex Bureaus

The Central Bank of Tanzania has suspended the issuance of licenses to Forex Bureau Operators until further notice. It follows closure of some Forex Bureau...

South Africa: Eskom extends load shedding regime

South Africa's power provider Eskom says it is extending its load shedding regime from four stages. That is meant to allow up to 4,000...

Nissan chairman arrested over ‘misconduct’

Carlos Ghosn, the chairman of Japanese car giant Nissan, has been arrested over claims of financial misconduct. Mr Ghosn, a towering figure in the car...

AfDB approves $40million for Africa Infrastructure Investment Fund

The Board of Directors of the African Development Bank has approved its third equity investment of $40 million in Africa Infrastructure Investment Fund. Dubbed (Africa...

Ugandans concerned about military protection for Chinese businesses

Ugandans have questioned the decision by their President Yoweri Museveni to offer military protection to Chinese businesses in the East African country. Several comments on...

Ghana’s debt stock hits $34.6 billion

Ghana’s debt stock has increased from $28.9 billion (GH¢142 billion) in 2017 to $34.6 billion (GH¢170.8 billion) in 2018. The latest figure, according to Ghana’s...

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