Business News
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Ghana ’s Mawuena Trebah, CEO of GIPC says 2,000 jobs to be created soon
The Ghana Investment Promotion Centre (GIPC) has attracted 39 newly registered investment projects into the country at an estimated value of $249.49 million between January to March in the first quarter of 2016. The investments are expected to create a total of 2,489 jobs. The results of the quarter investment showed a significant increase as compared to 2015 of...[READ MORE]
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Pound falls as polls indicate more support for Brexit
The pound has fallen after two separate surveys suggested rising support for the UK leaving the EU.Sterling hit a three-week low against the dollar, dropping 1.5 cents to $1.4358, before recovering slightly.Against the euro, the pound was 0.46% lower at €1.2705 at midday.A YouGov poll found 45% favoured the UK leaving the EU, with 41%...[READ MORE]
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Ghana’s treasury returns GHc815m to investors in 3mths
Several thousands of investors earned more than GHc815million from investing in government-backed securities alone in the first three months of the year, official figures have shown.Analysis of figures available to the B&FT from the Central Securities Depository System -- the institution mandated to record the holdings of all securities in electronic form -- show...[READ MORE]
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Tullow Oil cuts spending, suspends dividends
Tullow Oil has suspended payments of dividends to its shareholders,...[READ MORE]
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Nigerian Government may further slash fine in MTN saga
The N780 billion MTN fine may further be slashed, a member, House of...[READ MORE]
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KFC Botswana to shut down after 20 years of operation
Kentucky Fried Chicken, KFC, has closed its franchise in Botswana rendering...[READ MORE]
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ECONS.2016: OVER 1200 STAFF LAID OFF IN ONE WEEK AS INVESTORS DITCH NIGERIAN BANKS
Nigerian banks have been affected...[READ MORE]
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WILL ISABEL DOS SANTOS’S APPOINTMENT AS THE HEAD OF ANGOLA’S STATE OIL FIRM TRULY BOOST EFFICIENCY AND PROFITABILITY?
On Thursday, Angola National State...[READ MORE]
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