As the world’s richest billionaires’ ranking continues to shift, with the most recent offset being the emergence of Indian billionaire Gautam Adani as the world’s second-richest man ahead of Amazon Founder Jeff Bezos, some billionaires like Aliko Dangote have seen their wealth ranking improve in recent weeks after losing out several weeks ago.
Global rating agency, Fitch, has downgraded Ghana’s Long-Term Local – and Foreign-Currency Issuer Default Ratings (IDRs) to ‘CC’ or further junk status, from ‘CCC’.
New York, USA//-The Chief Executive Officer of National Food Buffer Stock Company (NAFCO), Hanan Abdul-Wahab and the Board Chairman of the company, Henry Nana Boakye have wooed investors for Ghana at the just-ended International Forum on African-Caribbean Leadership in New York in the USA.
Accra, Ghana//-The situation is critical and “the consequences are dire” as the International Monetary Fund (IMF) is demanding a debt restructuring plan as a precondition for full engagement with the Government of Ghana.
Dubai, United Arab Emirates// –– Barrows (www.BarrowsHotels.com), the provider of hotel investment and advisory services for hotels in the Middle East and Africa, is advising Asian developer Hing Construction for a new 5-star Hotel Resort development in Lusaka Zambia.
Taxpayers’ attitudes about paying taxes correlate closely with perceived levels of corruption, according to a major new study, Public Trust in Tax, by accountancy bodies ACCA and the International Federation of Accountants (IFAC).
Following the release of the Forbes 2022 World Billionaire List, it became apparent that a pattern could be detected: many of the billionaires are able to speak a second language.
Despite decades of rapid growth, regional inequalities in sub-Saharan Africa persist. Many economies in sub-Saharan Africa grew at a record pace before the pandemic. Ethiopia and Rwanda, for example, saw some of the fastest expansions in the world—an average of more than 7.5 percent per year over the past two decades. However, it is less clear whether […]
Venture capital (VC) and private equity investors are banking on an African tech boom over the next three years, with the continent’s start-up ecosystem expanding rapidly, new research for blockchain-based mobile network operator World Mobile shows.
Johannesburg, South Africa// — As the digital economic voyage into the metaverse starts to accelerate, major players in trade and industry are poised to develop custom experiences in this digitally enhanced world, which is being heralded as the future of ecommerce.
