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Business

Zimbabwe: Fast-food chains shut over lack of ‘cash’ to restock

Leading fast-food chains in Zimbabwe are suspending their operations in parts of Zimbabwe due to lack of enough cash. These food chains are unable to...

Ghanaian convicted of UK’s biggest fraud released

The 38-year-old Ghanaian convicted of the UK’s biggest fraud, was on Tuesday released from detention. Kweku Adoboli has been in detention at Heathrow in the...

South Africa: Ramaphosa picks new finance minister

South African President Cyril Ramaphosa on Tuesday announced a new finance minister after accepting the resignation of Nhlanhla Nene. Nene reportedly asked President Ramaphosa to...

Nigeria: Licenses of 182 financial institutions revoked

Nigeria’s Central Bank has revoked the licenses of 182 financial institutions believed to be struggling financially. The financial institutions include 154 micro-finance banks, 6 mortgage...

Ghana stock exchange is most innovative in Africa

The Ghana Stock Exchange has emerged the Most Innovative African Stock Exchange for 2018 at the Africa investor Research (AI) Capital Market Index Series...

Economists win Nobel for work on climate and economy

Two economists, William Nordhaus and Paul Romer have won this year's Nobel prize for economics for their work on sustainable growth. The US economists' research...

South Africa’s finance minister wants to be sacked

The Finance minister of South Africa, Nhlanhla Nene is reported to have asked his boss President Cyril Ramaphosa to sack him. The minister has come...

Former World Bank VP to run for President in Nigeria

Former World Bank Vice President for Africa, Obiageli Ezekwesili has announced her bid for President in Nigeria. The former Nigerian minister is also the co-founder...

Zimbabwe rebases data to expand economy by 40 percent

Zimbabwe’s statistics agency has rebased the country's key economic data expanding the economy by over 40 percent. The Finance Minister Mthuli Ncube on Friday defended...

Opinion: Africa Central Bank, road map to Africa’s financial stability

Since independence, African countries have not been able to be financially stable to solve some critical economic issues be it price stability, exchange rate,...

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