South Africa announced on Tuesday that it will increase the national minimum wage by 5% starting 1 March, raising the hourly rate to R30.23 ($1.89) from the previous R28.79 ($1.80).
Ghana’s disinflationary trend deepened in January 2026, with headline inflation easing to 3.8 percent, the lowest recorded in nearly 27
Eurozone inflation eased to 1.7% in January, according to preliminary data released Wednesday by Eurostat. Economists surveyed had also anticipated
UK Prime Minister Sir Keir Starmer has condemned Russia’s recent strikes on Ukraine’s energy infrastructure as “barbaric” and “particularly depraved,” hitting power plants and leaving over 1,000 Kyiv apartment blocks without heating amid temperatures of -20°C. The attacks have caused widespread disruption, forced residents into metro shelters, and left key power facilities, including Kharkiv’s plant, damaged, while US-led peace talks continue in Abu Dhabi.
Africa’s reliance on imported petroleum products is draining resources needed for local capacity building and industrial growth, Nigeria’s Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has said, stressing that retaining energy value within the continent could be economically transformative
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) at its 128th meeting held in January reduced the
The Bank of Ghana has confirmed that two banks UMB and Prudential Bank Ghana remained undercapitalised as of December 2025.
Ghana’s crude oil receipts fell to about $198 million in the second half of 2025, reflecting fewer liftings and lower global oil prices, according to data from the Bank of Ghana.
Russia’s Deputy Prime Minister, Alexander Novak, said on Tuesday that the global oil market is currently well balanced, adding that
The FDA has urged the public to stop buying food sold in unhygienic locations, warning that the practice puts public health at risk. Deputy CEO Roderick Daddey-Adjei said consumers have a key role in driving change, as vendors will be forced to improve hygiene if people refuse to buy unsafe food.
