IN a recent report by the Office of the US Trade Representative (USTR), Ghana’s customs practices and port infrastructure were identified as significant barriers to trade, presenting challenges for importers and contributing to delays and inefficiencies. The report, National Trade Estimate…
ZIMBABWE unveiled a new currency, ZiG, on Friday in a strategic move to confront the country’s persistent economic challenges marked by currency depreciation and rejection. Reserve Bank of Zimbabwe Governor John Mushayavanhu announced the launch of ZiG, backed by gold reserves and…
AFRICAN Export-Import Bank (“Afreximbank” or the “Group”) (www.Afreximbank.com) has released the consolidated financial statements of the Bank and its subsidiaries for the year ended 31 December 2023. Largely propelled by the Bank’s and its subsidiaries’ growth, the Group’s results…
Sharing insights on overcoming market challenges and leveraging strategic partnerships for value and growth THE local channel is under more pressure than ever today, with an already highly competitive marketplace now in the throes of a price war as players race…
ZIMBABWE’S central bank has disclosed a notable gold reserve of 2.5 tons, setting the stage for the introduction of a gold-backed currency amid ongoing economic reforms. The announcement, made on Thursday, underscores the government’s efforts to stabilise the country’s monetary…
MADAGASCAR has demanded the European Union (EU) replace its ambassador to the island nation following criticism of a recent law permitting the punishment of child rapists through castration, officials disclosed on Thursday. According to a spokesperson for the EU, Madagascar has…
FRENCH President Emmanuel Macron has publicly acknowledged France’s failure to intervene and stop the genocide in Rwanda in 1994, admitting that both France and its Western and African allies possessed the capability to prevent the mass slaughter of an estimated 800,000 people,…
IN a groundbreaking move, support is surging among African and Caribbean nations for the creation of an international tribunal to address the atrocities stemming from the transatlantic trade of enslaved people. This initiative, backed by the United States, aims to…
IN a dramatic turn of events, Nosiviwe Mapisa-Nqakula, the former South African National Assembly speaker, surrendered herself to police near Pretoria on Thursday, as she prepares to face corruption charges that have rocked the nation’s political landscape. Mapisa-Nqakula, who resigned from…
YOUSCRIBE, touted as Africa’s premier digital reading library with over one million subscribers, has unveiled its services in Ghana through a strategic collaboration with mobile payment specialist Digital Virgo and operator MTN. Ghana marks the fourteenth country to embrace YouScribe’s…
