Goldman Sachs expects over $1.2 billion losses from consumer unit this year
Goldman Sachs Group Inc’s internal projections show the bank’s consumer unit will record losses of more than $1.2 billion this
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Economy
Ghana development bank aims to lend $600 million to small firms over 1-2 years
A new Ghanaian government-owned development bank aims to lend $600 million to small businesses over the next one to two
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The development of the Pan-African payment system
The lack of infrastructure is the main obstacle to intra-African trade. Advances in areas like the Pan African Payment and
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UK judge allows first deportation flight to Rwanda to go ahead
The UK’s controversial plan to deport migrants to Rwanda goes ahead despite an emergency bid by NGOs. A British judge
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Participants at sixth GITFiC conference call for harmonisation of dispute resolution mechanisms
Participants at the just-ended 6th conference of the Ghana International Trade and Finance Conference (GITFIC) have called for the institution
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CAR: New UN Rep calls for readjustment of MINUSCA to protect civilians
The new Special Representative of the UN Secretary-General in the Central African Republic, Valentine Rugwabiza, called Wednesday for a “readjustment”
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Relief for motorists as Kenya opens Nairobi expressway
A new Chinese-built expressway in the Kenyan capital Nairobi will help boost the economy of the African nation, Kenya’s Cabinet
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Swiss release some frozen Russian assets
The Swiss government on Thursday reported 6.3 billion Swiss francs ($6.33 billion) worth of Russian assets frozen under sanctions to
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Brief crash hits European stocks in holiday-thinned trading
European stocks suddenly fell on Monday before partly recovering in what brokers described as a “flash crash” or an erroneous
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Fuel prices rise again in Burundi
Prices of fuel have increased again in Burundi. The increase, the second in three months, follows the announcement made by
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Tesla Drops on Concern Twitter Would Divide Musk’s Attention
Tesla Inc. shares slipped as investors absorbed the prospect of a new distraction for Chief Executive Officer Elon Musk. Musk’s
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Opinion: G.R.O.W the Namibian economy
As the Bank of Namibia recently launched its annual report, it provides an opportunity for us to take a moment
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West African leaders soften on Mali, warn Guinea
West African leaders on Friday said they would uphold the regional sanctions imposed on Mali in January after its military
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President Sall calls on World Bank to implement emergency response policy
Senegalese President Macky Sall met with World Bank president David Malpass on the second day of the World Water Forum.
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BoG imposes record interest rate hike to slow inflation
The central bank announced its biggest ever interest rate hike on Monday as it seeks to slow rampant inflation that
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