News

Automobile firm, CFAO Company Limited, has partnered some financial institutions to provide 17% interest rates for every vehicle bought. According to its Managing Director, Paulo Fernandes, this is to make it easier for customers to purchase a vehicle. Speaking at...

Oil prices continue to rise on the international market, as Brent crude went up by $4 to hit $117 per barrel, the highest level since 2013, as Russia invasion of Ukraine entered day eight. This is good news for government...

The price of Liquefied Petroleum Gas (LPG) will experience a 5% adjustment from today, March 3, 2022. This follows the restoration of the Price Stabilisation and Recovery Levy (PSRL) on fuel products. The restored PSRL is ¢0.16 pesewas per litre...

Telecoms giant, MTN Ghana, recorded a significant increase in its profit after tax for last year. According to its 2021 Financial Statement, the profit went up by 43.5% to hit ¢2 billion. How other areas performed Revenue went up by...

Google and Alphabet CEO Sundar Pichai confessed that he is a night owl and feels most productive after 10 pm. He tries to get 6-7 hours of sleep and wakes up between 6.45-7.30 am as he enjoys the quiet morning...

The Minerals Income Investment Fund (MIIF), Africa’s largest gold producer has acquired over 14.4 million ordinary shares in a historic investment deal in Asante Gold Corporation (Asante), a mining exploration and development company listed on the Toronto and Frankfurt Stock...

Western sanctions are already disrupting Russia’s economy, with the ruble slumping 30% and interest rates jumping to 20%. Here’s what’s happening and how the situation could play out. Analysts are warning that runs on Russian banks are now on the...

The Ghana cedi is now the worst-performing currency among Africa’s top currencies just two months into 2022. This is because it has depreciated by about 7.6% to the dollar from January 1, to February 25, 2022. The local currency has...

“Since Apple’s privacy update went into effect in late April 2021, these four social media companies have erased a combined $278 billion in market value.” A new report has revealed that four social media companies have lost some $278 billion...

International Corporate expert Angela Kyerematen-Jimoh has been appointed by Microsoft as its Strategic Partnership Lead for Africa in its new Africa Transformation Office. Microsoft’s establishment of an Africa Transformation Office (ATO) is a reinforcement of its investment in the continent,...