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Nigeria, SA, Ethiopia, Congo account for 50% illicit financial flows in Africa

Nigeria, South Africa, Democratic Republic of Congo and Ethiopia account for 50 per cent of illicit financial flows (IFFs) in Sub-Saharan Africa, Brookings Institution, a globally renowned American research group said in a new report. The report, titled Illicit Financial Flows in Africa: Drivers, Destinations, and Policy Options, said revelations …

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SA man struggles to get tested for Covid-19 at hospital

A Western Cape man has told News24 that his attempts to get tested for Covid-19 on Thursday proved futile. Cameron Jansen, 26, says he went to the Melomed Mitchells Plain Hospital to get tested as a precautionary measure, after being in contact with a colleague from India. It is believed …

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Tourists stuck in Morocco after links to Europe restricted over coronavirus

Tourists from a number of European countries were unable to leave after flights were suspended to many European countries and also to China and Algeria on Saturday. French nationals were allowed to leave on repatriation flights, according to the French Foreign Ministry. Tourists were stranded in Morocco on Saturday after …

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Fuel prices to fall by 8%

Fuel prices from Monday, March 16, 2020, are expected to fall by between 5 to 8 percent, which would bring some relief to consumers but whether commercial vehicle operators would reduce fares is another matter to fight over another day. Even though crude prices collapsed on the world market a …

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Ghana’s new investment law delayed until 2021

With the processes aimed at operationalizing the African Continental Free Trade Area (AfCFTA) that started this year, it has become necessary for the Ghana Investment Promotion Centre (GIPC) and key partners to slow down the process of revising the GIPC law. The completion of the review had been scheduled for …

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Kotoka International Airport named among best airports in Africa

Ghana’s Kotoka International Airport has been named among the best airports in Africa under the world-renowned Airport Service Quality (ASQ) Awards. The awards recognize airports around the world that deliver the best customer experience in the opinion of their own passengers. This year, 140 awards have been won by 84 …

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Prices of local goods increasing faster than imported goods

For a fourth consecutive month, inflation for locally produced goods has been growing faster than inflation for imported goods, although Ghana is an import-dependent country. Inflation for imported goods as at February was 5.9 per cent, well below the 8.6 per cent inflation for locally made goods. This is according …

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