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Ghana forfeits $54bn to trade-related illicit flows over a decade

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Ghana forfeited an estimated US$54.1 billion to trade-related illicit financial flows between 2013 and 2022, ranking third among Africa’s most affected countries, according to a Global Financial Integrity report. The findings highlight widespread trade misinvoicing, particularly in key export sectors such as gold, cocoa and oil, and warn that without urgent reforms, the losses will continue to undermine the country’s development and economic sovereignty.

AfCFTA, African Markets, African Stocks, BUSINESS NEWS, Economy, Focus on Africa, Global Economics, Global Finance, Global Trade, Local News

South African Traders Go Global as CoreProTrade Expands International Access

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South African retail investors are increasingly seeking exposure to international markets, driven by a desire for diversification, liquidity, and advanced trading tools.
CoreProTrade, a regulated South African brokerage, offers access to CFDs across forex, equities, commodities, and indices without owning the underlying assets.
The platform emphasizes strong compliance, mobile access, and professional-grade infrastructure, catering to a growing segment of sophisticated domestic traders.

AfCFTA, African Politics, Local News, Most Popular

Ghana’s Security Fragile Amid Rising Regional Threats

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President John Dramani Mahama has warned that Ghana’s security remains fragile amid rising instability across the West African sub-region.
He identified violent extremism, terrorism and transnational crime as key threats, particularly along Ghana’s northern borders.
The President stressed that safeguarding the nation requires a collective effort beyond the security services alone.

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