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Business

NPA halts discounted fuel pricing by OMCs effective March 16

Ghana’s downstream petroleum sector is set for a significant regulatory shift as the National Petroleum Authority (NPA) moves to halt discounted fuel pricing by...

British International Investment moves to secure controlling stake in Zambeef to strengthen southern Africa’s food systems

The UK’s development finance institution, British International Investment (BII), is progressing plans to acquire a controlling stake in Zambia’s largest agribusiness, Zambeef Products PLC,...

Pick n Pay expands super app with clothing launch on asap

Pick n Pay Clothing is now available to millions more customers across South Africa following its official launch on the Pick n Pay asap...

New location, exceptional customer experience: OmniBSIC relocates Kejetia branch in Kumasi

OmniBSIC Bank, Ghana’s fastest-growing financial institution, has officially relocated its Kejetia branch to a state-of-the-art facility within the Osons Chemist Building. This strategic move...

EU banks’ euro-pegged stablecoin in talks with crypto exchanges to boost liquidity

A consortium of European banks behind a new euro-pegged stablecoin is in discussions with major cryptocurrency exchanges as it seeks to secure sufficient liquidity...

Paramount and HBO Max to merge into single streaming platform after Warner Bros Discovery acquisition

Paramount Global plans to merge HBO Max and Paramount+ into a single streaming service, according to an announcement by chief executive David Ellison, made...

TVS Motor Company expands into South Africa with new distribution partnership

TVS Motor Company, one of the world’s largest manufacturers of two‑wheelers, has officially entered the South African market, marking a major expansion of its...

Polymarket sees record $529 million in U.S.-Iran bets

The crypto prediction market platform Polymarket has attracted unprecedented trading activity as global tensions between the United States and Iran surged into open conflict,...

Oil production rise after Middle East conflict tests markets and prices

The oil market is in the spotlight as the global producer coalition known as OPEC+ has agreed to raise crude oil production by 206,000...

Bitcoin climbs above $68,000 after confirmed death of Iran’s Supreme Leader

Bitcoin prices rebounded sharply over the weekend as news spread that Ali Khamenei, the longtime supreme leader of Iran, had been killed during a...

Ghana’s economy surpasses $100bn milestone amid broad based recovery

Ghana’s economy has officially crossed the US$100 billion threshold for the first time, a landmark achievement that reflects a broad based economic recovery, improved...

OmniBSIC Bank celebrates landmark 10th edition of its quarterly health walk

Accra, Ghana — OmniBSIC Bank has successfully hosted the 10th edition (X Edition) of its industry leading Quarterly Health Walk, a flagship initiative that...

Truecaller expands global ad sales reach through exclusive partnership with AnyMind Group

Swedish caller identification and spam blocking platform Truecaller has entered into a strategic direct sales reseller agreement with AnyMind Group, appointing the Asia based...

IFC mobilises US$6bn insurance backed mechanism to boost SME financing

The International Finance Corporation has launched a US$6 billion risk sharing mechanism in partnership with international insurers to expand access to financing for small...

Mistral AI signs strategic partnership with Accenture

French artificial intelligence startup Mistral AI has entered into a partnership with global consulting powerhouse Accenture, expanding its enterprise reach as competition intensifies in...

Nestlé cuts 400 jobs in South Africa as global restructuring trims 16,000 roles

Nestlé has begun issuing retrenchment notices to more than 400 employees in South Africa as part of a sweeping global reorganisation that will see...