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business

Spio kicks against Business Minister suggestion

The Minister of Trade and Industry, Dr. Ekow Spio-Garbrah has rejected calls for the creation of a Business Minister portfolio, arguing...


Standard Chartered seeks to raise $5.1bn in capital

Asia focused UK bank Standard Chartered bank has announced plans to raise around $5.1bn (£3.3bn) through a share sale to boost its...


MTN seeks to reduce $5.2bn Nigerian fine

Share trading in MTN, Africa's biggest mobile operator, has restarted after earlier being suspended following a huge fine imposed by...


Nigeria gives MTN two weeks to pay $5.2bn fine

Nigeria's telecoms regulator gave MTN Group two weeks to pay a $5.2 billion fine imposed on the mobile phone company for failure to...


US$60m Achimota Retail Centre opens

The latest shopping mall development in Ghana – the $60 million Achimota Retail Centre located in north-eastern Accra – opened...


Deutsche Bank to cut 15,000 jobs

Deutsche Bank has said it will cut 15,000 jobs as it announced a third-quarter €6bn (£4.3bn) loss. Germany's biggest...


Commodity price fall: Ghana loses $3bn – Wampah

Ghana’s revenue has slumped by more than US$3 billion in the past three years, thanks to commodity price falls on the world market,...


Doing business report: Ghana drops

Ghana has dropped in the World Bank’s ‘ease of doing business’ ranking from 112th to 114th in the Doing Business Report, which...


Shell reports £4bn loss

Royal Dutch Shell has reported a loss for the third quarter of the year, after taking a big charge to reflect the cost of halting major...


Zuma: SA faces ‘serious’ economic ‘struggle’

In his frankest admission yet about the state of the economy, President Jacob Zuma said South Africa faces a “serious struggle”...