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FDA Cautions Against Purchasing Foods from Vendors Near Open Gutters

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.

AfCFTA, African Commodities, General News, Global Economics, International News, Local News, Stock News, TECHNOLOGY, Trade

Nigeria Strengthens Defence Ties with the US and Türkiye

Nigeria’s Defence Minister, General Christopher Musa (retd.), says the country’s growing security ties with Türkiye will not weaken its long-standing defence relationship with the United States, stressing that Nigeria’s non-aligned approach allows it to partner with multiple global powers to address its security challenges.

AfCFTA, African Stocks, Currencies, Economy, Global Trade, Local News

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

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 Commodities, African Markets, African Stocks, Economy, Global Economics, International News, Trade

Zimbabwe Set to Launch Africa’s First Lithium Sulphate Plant, Transforming Mineral Revenue Potential

Zimbabwe is advancing its position as Africa’s top lithium producer with the launch of a lithium sulphate plant, shifting from raw ore exports to high-value refined production. The move, supported by major Chinese investors, is expected to boost industrialization, strengthen the country’s role in clean energy supply chains, and capture greater economic value from its mineral resources.

AfCFTA, African Commodities, African Markets, BUSINESS NEWS, Currencies, Economy, Global Economics, Global Finance, Global Markets, International News

Gold and Silver Prices Fall Sharply Following Friday’s Decline

Gold and silver prices plunged further after a recent rally pushed both metals to record highs. Spot gold fell over 9% to $4,403 an ounce, while silver dropped 15% below $72. Analysts say the sell-off was triggered by Kevin Warsh’s nomination as US Federal Reserve chair, alongside profit-taking after weeks of parabolic gains.

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