Ghana
Ghana to record current account deficit of 4.0% in 2023, 0.4% lower than 2022 – Fitch Solutions
Fitch Solutions, is predicting a narrow current account deficit of 4.0% of Gross Domestic Product (GDP) for Ghana in 2023, from 4.4% recorded ...
News
Zimbabwe: Zim Tech Company Acquires SA, Moz and Botswana IT Firms
Zimbabwe’s Tano Digital Solutions Group has acquired control of South African-headquartered IT company, Altron Botswana and Altron Mozambique. The move has set the ...
Africa
Africa: Fintech Companies to Battle Rising Online Frauds
A large number of financial technology –fintech- companies are battling with increasing online fraud which appear to have become a global trend. In ...
Ghana
Ghana: GRA vows to be more aggressive on tax defaulting companies in 2023
The Ghana Revenue Authority (GRA) is ready to go after all companies defaulting on Value Added Tax (VAT) payments in 2023. According to ...
Global
Global: China FX Reserves Rise to $3.128 Trillion
China’s foreign exchange (FX) reserves inched upward in December, 2022 official data showed on Saturday (January 7, 2022) as the dollar fell against ...
Global
Global: World Bank to warn of global recession risk in economic outlook
The World Bank is concerned that “further adverse shocks” could push the global economy into recession in 2023, with small states especially vulnerable. ...
Ghana
Ghana: Republic Bank appoints Akua Botchway as new Company Secretary
Republic Bank Ghana PLC has appointed Akua Oduraa Botchway as the Company Secretary following the retirement of B. Ama Amoah who has been ...
News
Tanzanian money remittance app Nala launches in the EU
Fintech firm Nala has added 19 new Eurozone nations to its list of send markets. This launch will allow the African diaspora across ...
Global
Global: Indian lending platform KreditBee closes second tranche of $200m funding round
Bengaluru-based fintech lending platform KreditBee has extended its Series D funding round with a $100 million investment from private equity giant Advent International. ...
Ghana
Ghana: BoG to sell $200m to BDCs in first quarter of this year
The Bank of Ghana will sell a total of $200 million to Bulk Oil Distribution Companies (BDCs) in the first quarter of 2023 ...