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Tag: Business

Africa Business World 

What’s the future looking like for gold trading?

Elwin Mandowa, , , , , ,
– – Gold. For millennia it has been a highly valued commodity. At first it was used for trading and then became a material in which wealth could be invested in the form or decorations and jewellery. But more and more as time has gone on, gold has become a precious metal whose value has been regarded as being stable,… Read More
Africa Business Nigeria News and Headlines West Africa World 

Exness Review for Nigerian Traders

Elwin Mandowa, , , , , , , ,
– – As a result of the ever-increasing demand for foreign exchange trading in Nigeria, the market is becoming increasingly saturated with Forex brokers who provide a diverse selection of remarkable features and reasonable pricing. Because there are so many different brokers from which to pick, it can be challenging to tell which ones are trustworthy businesses and which ones… Read More
Africa Business World 

Indirect tax developments in Sub-Saharan Africa

Elwin Mandowa, , , , , ,
– – There have been significant developments in indirect tax within Sub-Saharan Africa (SSA) in the past year. The vast majority of developments have been based around VAT amendments and policies, as well as general budget updates for 2022 across SSA. This article includes key developments from Ghana, Kenya, Namibia, Nigeria, South Africa, Tanzania, Zambia and Zimbabwe. Ghana The Parliament… Read More
Africa Business Development Featured World 

The anatomy of investing for sustainable development in Africa

Elwin Mandowa, , , , , , ,
– – As economies across Africa look to recover from the economic devastation wrought by COVID-19 and the global supply chain issues that followed it, investment will be more important than ever. But it’s also becoming increasingly obvious that if the continent is to achieve its true potential, a different kind of investment strategy is needed. In addition to health… Read More
Africa Business Featured Tourism World 

Travel & Tourism in Africa to create 14 million new jobs in 10 years

Elwin Mandowa, , , , , , ,
– – The World Travel & Tourism Council’s latest Economic Impact Report (EIR) has revealed that the African Travel & Tourism sector is expected to create almost 14 million new jobs over the next decade. The positive forecast from the World Travel & Tourism Council (WTTC), which shows an average of 1.4 million new jobs every year, also reveals the… Read More
Africa Business Ghana World 

Ghana’s inflation rises to highest level in 18 years

Elwin Mandowa, , , , ,
– – Ghana’s inflation rate has risen to the highest level in more than 18 years in April. Inflation for the month rose to 23.6% from 19.4% in March. Government Statistician Professor Samuel Kobina Annim told journalists in Accra that the rate is the highest since January 2004. Food-price growth surged to 26.6% year-on-year from 22.4% in March and non-food… Read More
Africa Business West Africa World 

Ghana to host West African Mining and Power Exhibition and Conference

Elwin Mandowa, , , ,
– – The West African mining industry is thriving. As one of the world’s largest gold-producing regions, it also supplies 22.6% of global titanium oxide, 11.5% bauxite (used to create aluminum) and 5.6% uranium. Each year, its countries export minerals worth around US$16.1bn. At the mining helm is Ghana, a modern, democratic powerhouse that leads the continent’s mineral production and… Read More
Africa Business World 

CAR is first African country to adopt bitcoin as official currency

Elwin Mandowa, , , , , , ,
– – The Central African Republic has now adopted bitcoin as an official currency, making it the second country in the world do to after El Salvador. El Salvador became the second country to do so when it made its own announcement last year. CAR lawmakers voted unanimously to pass the bill legalizing bitcoin and other cryptocurrencies in parliament this week.… Read More
Africa Business Featured Russia World 

Russia parries off Ukraine invasion blame for global economic crisis

Elwin Mandowa, , , , , , , , , ,
– – The Russian government has rejected recent news reporting with the narrative that its invasion of Ukraine has led to a global economic crisis. Russia is currently engaged in a war with Ukraine, a move that has led to several sanctions being placed on the Eastern European super power. The International Monetary Fund has said that the economic damage… Read More