Business

Australia lifts interest rates, adding to mortgage pain

Australia’s central bank has raised interest rates to a decade high, putting mortgage holders under greater strain as…

Nigeria: Firm issues N5 billion CP for housing development

A Lagos-based firm, God Made Homes (GMH) Limited, has signed a N5,000,000,000 Commercial Paper (CP) agreement with Qualinvest…

East Africa banks cash in on forex crisis, government securities to increase earnings

East Africa’s top retail banks have cashed in on the scarcity of hard currency, earning Ksh25 billion ($204.91…

Uganda seeks tech revolution boost with free smartphones for homes

Uganda is piloting a programme to expand use of smartphones as one way of drawing investment in tech…

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Ghana: Jospong Group to sponsor 600 students for Russian education

The Jospong Group of Companies will provide scholarship packages to over 600 Ghanaian students to pursue studies at…

Ghana: BoG introduces Beta Version of Macroeconomic Database Portal

The Bank of Ghana (BoG) has unveiled the Beta Version of its Database Portal. This initiative is aimed…