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Finance
Mobile Money Agent Associations impose GHS1,000 limit on withdrawals
Four prominent mobile money agent associations in Ghana have collectively imposed a cap of GHS1,000 on cash withdrawals per…
Zambian inflation hits 20-month high as currency at record low
Zambian inflation accelerated to a 20-month high in November as a slump in the value of the kwacha raised the cost of imported…
Rand falls victim to South Africa’s ‘noise’ in dismal November
November has been good to South Africa’s rand for the past five years. This time is different.
South Africa’s currency is on…
Import restrictions regulation offends Ghana’s commitments under IMF deal –…
The Member of Parliament for Bawku Central Constituency, Mahama Ayariga, maintains that the proposed import restriction policy on…
Zambia’s foreign debt tragedy – what needs to happen to resolve the crisis
Three years after defaulting on its foreign debt, Zambia is still trying to reach agreement with all its creditors on how to…
New price increases will help us sustain our business – MTN Ghana
Telecommunications giant MTN Ghana has justified increasing the prices of its offerings by 15% for prepaid and postpaid customers.…
LemFi suspends operation in Ghana following BoG notice
LemFi has been forced to suspend its operations in Ghana following a notice from Bank of Ghana (BoG) that it has no operational…
Remittance inflows soar to $3.2 billion in Q3 2023
Latest data from the Bank of Ghana, disclosed during its recent Monetary Policy Committee meeting on November 27, 2023, reveals a…
Kenya abandons Eurobond plan in change of funding strategy
Kenya has dropped plans to tap international capital markets this fiscal year due to the high cost of dollar debt, according to…
Foreign direct investment falls to $926m in Q3 2023
During its latest Monetary Policy Committee meeting on November 27, 2023, the Bank of Ghana disclosed that foreign direct…