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Senegalese President H.E. Macky Sall is the new Chairperson of the African Union (AU) for the year 2022. He took over from President Felix- Antoine Tshisekedi Tshilombo of the Democratic Republic of Congo. President Macky Sall took office on Saturday at the official opening of the 35th Summit of Heads[Read More…]
Micro, Small and Medium Enterprises (MSMEs) constitute over 90% of total business units in Africa. They are often described as efficient and prolific job creators, the seeds of big businesses and the fuel of national economic engines. Even in developed industrial economies, SMEs, rather than the multinationals, provide the largest[Read More…]
For the past 15 years India has been the most significant global producer of films — releasing approximately 1,500 to 2,000 movies annually, spanning 20 languages. What’s more, India’s television market represents the third-largest worldwide. It’s projected that its media and entertainment industry, worth US$23.29 billion, will grow to US$44[Read More…]
Moody’s has downgraded Ghana’s long-term issuer and senior unsecured debt ratings to Caa1 from B3, a reflection of the increasingly difficult task the government faces addressing its intertwined liquidity and debt challenges. The ratings agency has also changed the outlook to stable from negative. Moody’s also downgraded the senior unsecured[Read More…]
Ghana has launched an e-Travel card it says will facilitate the cashless disbursement of travel allowance and other payments for local and foreign trips for public officials. Vice President Dr. Mahamadu Bawumia says the new card system will end the era of public officials traveling with cash with its associated[Read More…]
By Paul Ejime The Authority of Heads of State and Governments of ECOWAS has at the end of their extraordinary summit in Accra, Ghana on Thursday, ordered a return of a regional military force to Guinea Bissau. This it says will help stabilise the situation in the country after the[Read More…]
Data published by the Bank of Ghana (BoG) has revealed that the value of mobile money transactions dropped by GH¢3.2 billion in December 2021, less the one month after Finance Minister Ken Ofori-Atta announced the planned introduction of an electronic transfer levy (E-Levy) in the 2022 budget. The Business and[Read More…]
The Metropolitan Chief Executive (MCE) for Sekondi- Takoradi in the Western Region, Abdul Mumin Issah, has been suspended from office, on the instructions of President Nana Akufo-Addo. His suspension is with immediate effect, pending an inquiry into his unruly conduct during an encounter with a police officer on Thursday. Minister[Read More…]
The Pharoah’s of Egypt are through to the final of the TotalEnergies Africa Cup of Nations after beating host Cameroon 3-1 on penalties. The Egyptians avenged their loss to Cameroon in the 2017 final by defeating the hosts on penalties, setting up a Sunday showdown with Senegal. Goalkeeper Mohamed Abou[Read More…]
