Ghana’s IMF Talks Focus on Tax Cuts, Energy Debt, and Fiscal Reforms for 2025 Budget
The ongoing discussions between the Ghanaian government and the International Monetary Fund (IMF), running from February 10 to February 14,…
Category: International
Elon Musk Makes $97.4 Billion Bid for OpenAI, Rejected by CEO Sam Altman
Elon Musk, the world’s richest person, made a bold bid of $97.4 billion to gain control of OpenAI, the organization…
US-China Tariff Dispute Threatens to Worsen Nigeria’s Trade Deficit with China
The ongoing tariff war between the United States and China is predicted to negatively impact the Nigerian economy, particularly worsening…
African Startups Raise $289M in January 2025, Marking a Strong Funding Rebound
In January 2025, African startups raised an impressive $289 million, representing a 240% increase compared to the same period in…
Paris AI Summit Calls for Balanced Approach to Regulation as Global Leaders Gather
World leaders and technology executives gathered in Paris for the AI Action Summit on February 10-11, 2025, to discuss strategies…
Trump says tariffs coming on steel and aluminium
President Donald Trump has revealed plans to impose a 25% tariff on all steel and aluminium entering the United States.…
Ghana Government rejects GHS 2.9bn in T-Bill offers
The Ghanaian government has rejected GHS 2.9 billion in Treasury bill bids following a significant over-subscription of 40.5% during its…
Baxter: Nigeria-UK Trade Now £7.5bn, Bilateral Trade Priority for Both Countries
The trade volume between Nigeria and the United Kingdom has soared to £7.5 billion, as revealed by Jonny Baxter, the…
IBM Shifts African Operations to MIBB, Exiting Key Markets in Nigeria and Ghana
IBM, the American tech giant, is reportedly set to exit Nigeria, Ghana, and other significant African markets. This shift in…
Mahama Nominates Thomas Nyarko Ampem as Deputy Finance Minister-GHANA
In a significant move to strengthen the country’s economic management, President John Dramani Mahama has nominated Thomas Nyarko Ampem, the…
Ghana National Gas Company Faces Growing Debt Crisis Amid VRA Payment Struggles
The Ghana National Gas Company Limited (GNGLC) is grappling with a deepening financial crisis, largely stemming from the inability of…
Report: GenAI Flaws Could Negatively Impact Organisation’s Cybersecurity Strategies
A recent report by Sophos, a leader in cybersecurity solutions, highlights both the potential and the risks of Generative Artificial…
Trump’s Tariffs and Shale Oil Boom Pose Risks to Naira’s Recovery
Donald Trump’s imposition of strategic tariffs on imports from key trade partners, including China, Canada, and Mexico, is expected to…
U.S. Bill Could Ban Deepseek Over Security Concerns”
A new bill proposed by Republican Senator Josh Hawley aims to ban technology developed in China, such as the Chinese…
Nigerian Immigration to launch contactless passport solution in Europe on February 7
The Nigerian Immigration Service (NIS) is set to introduce a contactless passport application solution in Europe, with the United Kingdom…
Marketing and growth strategies for cross-border payment solutions in 2025
As cross-border payments continue to evolve, businesses are leveraging multiple strategies to scale and expand their operations. A major driver…
Trump Proposes U.S. Takeover of Gaza, Sparking Global Controversy
Former U.S. President Donald Trump has proposed a controversial plan for the Gaza Strip, suggesting that the United States should…
Ghana Faces Revenue Dilemma Amid Proposed Tax Cuts
The Ghanaian government is considering removing key taxes, including the e-levy, betting tax, and emission levy, in response to concerns…
Ghana fuel prices increase for third consecutive time in 2025
Fuel prices in Ghana have increased for the third consecutive time in 2025, with Oil Marketing Companies (OMCs) adjusting their…
Meta says it may stop development of AI systems it deems too risky
Meta’s CEO, Mark Zuckerberg, has committed to one day making artificial general intelligence (AGI) accessible to the public. However, the…
EU to Disburse €150bn to Nigeria, Africa Under Global Gateway Initiative
The European Union (EU), through its Global Gateway initiative, has committed €150 billion to be disbursed by 2027 to Nigeria…
Trump Pauses Tariffs on Mexico and Canada, Maintains Pressure on China
U.S. President Donald Trump has agreed to delay imposing tariffs on Mexico and Canada for 30 days. The decision follows…
APD 2025: Jinapor pushes for bold energy sector reforms-GHANA
The Minister of Energy and Green Transition for Ghana, John Jinapor, highlighted the persistent issue of inadequate power supply as…
Mahama nominates Dr. Johnson Asiamah as BoG Governor-GHANA
President John Dramani Mahama has nominated Dr. Johnson Asiamah as the new Governor of the Bank of Ghana, pending approval…
Chinese AI app DeepSeek was downloaded by millions. Deleting it might come next
DeepSeek, a generative AI app from China, has surged to become the most downloaded free app on Apple’s App Store,…
Trump Tariffs: Nigeria one of 48 countries that has trade deficits with the US
Nigeria is among 48 countries with a trade deficit with the United States, which has significant economic ties with Africa’s…
Asia-Pacific Markets Fall as Trump Imposes Sweeping Tariffs on Key Trade Partners
Asia-Pacific markets experienced significant losses on Monday following the announcement by U.S. President Donald Trump of tariffs on goods from…
Uganda’s Shs330b locked up in tax disputes
A recent report on the Tax Appeals Tribunal’s effectiveness has revealed some concerning statistics. Between June 2022 and June 2024,…
Decentralise PPPs to unlock Ghana’s devt — Former boss
Engineer Philip Lartey, former Head of Public Private Partnerships (PPP) at the Ministry of Roads and Highways, has advocated for…
Bernice Makafui Brempong replaces Yofi Grant as GIPC CEO
The Ghana Investment Promotion Centre (GIPC) has announced the appointment of Dr. Bernice Makafui Brempong as its new Chief Executive…