Business

There's a positive outlook for mass grocery retail in Ghana as household spending increases Household spending in Ghana is projected to grow by 4.7% in...

Nigeria’s N250 billion Sukuk Bond oversubscribed by 346% Nigeria’s Sovereign Sukuk Offer attracted over N865 billion subscriptions representing over 346% oversubscription (more than 3 folds)....

Court stops Kenya's Central Bank order on Imperial Bank liquidation The High Court has temporarily stopped the liquidation of collapsed Imperial Bank after billionaire businessman...

Thousands of flights canceled globally as Omicron mars Christmas weekend Commercial airlines around the world canceled more than 4,500 flights over the Christmas weekend, as...

Ethiopia suspends second telecom license tender process Ethiopia is suspending the tender process for its second telecommunications license and will relaunch it in the “near...

Ecobank to challenge contempt charges against MD, two others Management of Ecobank Ghana has stated that it will soon file an affidavit to challenge an...

Rate of cedi depreciation can erode economic gains - Economist Economist with Databank, Courage Martey, has warned that the cedi's rate of depreciation over the...

Global air travel recovery will remain weak in near term due to omicron uncertainties, aviation analyst says International air travel will likely remain sluggish in...

Kenya Airways: State plans $41m bailout, drops takeover The Treasury will offer Kenya Airways a further Sh146.9 billion bailout amid delayed recovery from a travel slump...

Kenya: Banks report Central Bank to IMF over lending rates freeze Multiple bank executives have protested to the International Monetary Fund (IMF) over the Central Bank...