BUSINESS | ANG
  • March 16, 2024

Sports:Otto Addo to become Ghana’s new head coach

Otto Addo is returning for a second spell as coach of Ghana’s men’s national soccer team after Borussia Dortmund agreed to release him from his role in talent development at the …

Loud explosion is heard as Somali militant group says its fighters have attacked a hotel in capital

The Somali extremist group al-Shabab said its fighters have attacked a hotel in the capital Mogadishu, where a loud explosion and gunfire were heard Thursday night. Al-Shabab said on its Telegram …

Republic of Congo reports its first mpox virus cases in several regions

The Republic of Congo has recorded its first cases of mpox in several regions, the health ministry said, an indication of how the disease may be spreading across Africa since sexual …

Court rejects Oscar Pistorius parole request

Former South African Paralympic champion Oscar Pistorius, convicted of killing his girlfriend Reeva Steenkamp a decade ago, will remain in prison after a prison board denied his request for parole on …

Tanzania’s first female president on visit to South Africa

Tanzania’s President Samia Suluhu Hassan has called for more security cooperation and trade with South Africa. Hassan, Tanzania’s first female leader, met South African President Cyril Ramaphosa in the capital Pretoria …

Business:Ethiopia Govt announces sale of 45% capital of Ethio Telecom

The Ethiopian government announced on Thursday the sale of 45% of the capital of the public operator Ethio Telecom, which lost its monopoly in 2022, a figure up from the 40% …

Citizens suffer cash shortage as state gears towards cashless economy in Nigeria

Nigeria’s push to replace its paper money with newly designed currency notes has created a shortage of cash, leaving people unable to buy what they need and forcing businesses to close …

Portugal reaches debt settlement with Cape Verde

Portugal and Cape Verde have reached a debt settlement.  Portugal will invest in the Cape Verdean fund for climate and energy transition by repaying Cape Verde’s debt. The Portuguese-speaking country owes …

Business:Uganda starts first oil drilling operations with targets on 2025

Uganda on Tuesday launched the drilling of its first oil well, a key milestone as the country races to meet its target of first oil output in 2025. President Yoweri Museveni …

Italian PM Meloni boost strong energy ties with Algeria

Italian Premier Giorgia Meloni arrived Sunday (Jan. 22) in Algeria for a two-day visit as the two nations look to build up a strategic partnership and Italy works to further wean …

Business: Inflation slows in Ghana

Inflation in Ghana is slowing after peaking at 78,1% in November. According to data collected by the statistics service, producer price inflation retreated in December reaching now 52,2%. Last month, consumer …

Senegal strives to break dependence on imported rice

Around the village of Dak in central Senegal, women cut rice stalks with sickles and knives, singing and dancing. In this West African country, which is a major consumer of the …

Ghana reduces e-levy rate to 1% – 2023 budget

Ghana is set to reduce the rate of the controversial Electronic Transfer Levy to 1 percent from 1.5 percent. As part of the review of the e-levy act, however, the GHS …