Naira remains stable at N360.5 to dollar at parallel market
The Naira on Friday remained stable at the parallel market in Lagos, exchanging at N360.5 to the dollar. The Pound Sterling and the Euro closed at N480 and N418 respectively.…
Former president Koroma of Sierra Leone failed to improve access to economic opportunity
After more than ten years in power, the government of former president Ernest Bai Koroma failed to improve access to economic opportunity and education, as business climate suffered, according to…
MTN Cameroon lays off staff for economic reasons
“(Business in Cameroon) - The recent overhaul in our company has resulted in the cancellation or transformation of some jobs, including yours. Thus, we regret to notify you, by this…
Cameroon ranked 166th in the Doing Business 2019, falling 3 places
(Business in Cameroon) - In its report “Doing Business 2019: Training for reform”, published October 31, the World Bank ranked Cameroon 166th out of 190 economies worldwide. The country thus…
South Africa vows to recover ‘looted cash’ in VBS bank collapse scandal
South Africa vows to recover around €110 million worth of cash allegedly looted by executives and politicians from the collapsed VBS bank. Also, Cameroonians are hoping that the re-election of…
GRA closes down Surfline over unpaid GH¢37.3m taxes
The Debt Management and Compliance Enforcement Unit of the Ghana Revenue Authority (GRA) has closed down the Head Office of the Surfline Communication Limited at Roman Ridge for un-paid taxes…
85% Success Achieved So Far Under New Paperless Regime
A year after the introduction and implementation of the paperless port system, the Association of Customs House Agents Ghana (ACHAG) has rated the system at 85%, and described it as…
Minimum Capital: 20 Banks Beat Deadline
About 20 banks in the country have met the GH₵400 million new minimum capital requirement set by the Bank of Ghana. This indicates their readiness to continue as commercial or…
Ways To Make Money in Africa – Business Ideas and Success Stories That Will Inspire the Entrepreneur in You!
Africa is a land of amazing business opportunities. The success stories in this article prove there are many ways to make money in Africa. But Africa is classified as a poor continent. How…
How these Successful African Entrepreneurs Raised Capital for Their Businesses
“I don’t have the capital.” “Nobody wants to give me capital.” “The banks have turned me down five times.” These are some of the most common reasons people give for…
