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Dangote, IPMAN bicker over PMS lifting, import worsens

Dangote, IPMAN bicker over PMS lifting, import worsens

The ongoing controversy between Dangote Refinery and the Independent Petroleum Marketers Association of Nigeria (IPMAN) over the lifting of premium motor spirit (PMS) from the refinery has intensified, with accusations and counter-accusations levelled at each

Business
Inflation rises to 22.1% in October, casting doubt on 15% year-end target

Inflation rises to 22.1% in October, casting doubt on 15% year-end target

Ghana's inflation rate has climbed to 22.1 percent in October 2024, a slight increase from September's 21.5 percent, as prices for both food and non-food items continue to rise. This marks the second consecutive monthly

Business
Orange Middle East & Africa & Mastercard partner to digitize payments for millions across Africa

Orange Middle East & Africa & Mastercard partner to digitize payments for millions across Africa

Orange Middle East and Africa (OMEA) and Mastercard have announced a strategic partnership to expand access to mobile financial services across Sub-Saharan Africa. This collaboration, one of the largest of its kind in the region,

Business
Ghana’s Insurance sector records 22% asset growth as investment strategies shift

Ghana’s Insurance sector records 22% asset growth as investment strategies shift

Ghana's insurance industry reported robust 22% growth in investment assets in 2023, bringing total assets to GH₵10.5 billion, up from GH₵8.6 billion in 2022, according to the Bank of Ghana’s 2023 Financial Stability Review. The

Business
PIAC Outlines Ten Recommendations to Counter Decline in Ghana’s Crude Oil Production

PIAC Outlines Ten Recommendations to Counter Decline in Ghana’s Crude Oil Production

The Public Interest and Accountability Committee (PIAC) has outlined ten recommendations to help reverse the nation’s declining crude oil production, warning that the ongoing decline in output could spell trouble for petroleum revenues and investment

Business
Kenya Bankers Association Commits Ksh450 Billion to Support MSMEs

Kenya Bankers Association Commits Ksh450 Billion to Support MSMEs

Members of the Kenya Bankers Association (KBA) have pledged Ksh450 billion to support Micro, Small, and Medium-sized Enterprises (MSMEs) over the next three years. This initiative is part of the banking sector’s commitment to providing

Business
Stanbic Bank Kenya Launches Premium Credit Cards with Mastercard

Stanbic Bank Kenya Launches Premium Credit Cards with Mastercard

Stanbic Bank Kenya has introduced two new premium credit cards, the Stanbic World Elite Card and the Stanbic World Card, targeting affluent clients in partnership with Mastercard. These cards are designed to elevate the banking

Business
Preharvest Agribusiness Conference and Exhibition opens in Tamale

Preharvest Agribusiness Conference and Exhibition opens in Tamale

The 14th Annual Preharvest Agribusiness Conference and Exhibition has opened in Tamale to connect farmers, buyers, and other service providers in the agricultural sector in northern Ghana. The two-day conference, organised by the Agrihouse Foundation

Business
Stanbic Bank’s Dr. Joyce Esther Dadzie Urges SMEs To Adopt Customer-Centric Culture For Growth

Stanbic Bank’s Dr. Joyce Esther Dadzie Urges SMEs To Adopt Customer-Centric Culture For Growth

Dr. Joyce Esther Dadzie, Head, Client Experience at Stanbic Bank Ghana, has called on SMEs to adopt a customer-centric culture to drive business growth. She shared these insights in a recent discussion on X (formerly

Business
China, Africa strengthen ties with historic MoU signing

China, Africa strengthen ties with historic MoU signing

The Africa Growth Solutions (AGS) and China-Africa Commercial Affairs Centre have signed two historic Memoranda of Understanding (MoUs) in Changsha, China, paving the way for unprecedented economic cooperation between China and Africa. The MOUs aim