Why Africa and the Middle East are emerging as top travel destinations in 2025
As the world looks to 2025, Africa and the Middle East are stepping into the spotlight as premier travel destinations. With a mix of affordable luxury, diverse cultural experiences and breathtaking landscapes, this dynamic region is preparing to welcome a surge of international travellers. Tony Romer-Lee, Co-founder and Managing Partner of Valor Hospitality AMEA, offers […]
African Energy Chamber (AEC) Urges Ivory Coast To Continue Being A Home Of Oil & Gas (O&G) Investment
Ivory Coast is emerging as a powerhouse in West Africa’s oil and gas industry, driven by a solid regulatory framework, attractive fiscal terms and innovative partnerships. Home to significant hydrocarbon reserves and progressive policies, the country has drawn investments from leading energy companies, cementing its status as a regional hub for energy production and exploration. […]
Ghana’s quest to become financial hub takes a giant leap
Back in 2007, the then government led by President John Agyekum Kufuor established the off-shore banking concept in Ghana with the sole purpose of making Ghana the financial hub in the sub-region and to attract badly needed capital into the country. Within a few months of establishing the off-shore banking concept, the economy attracted huge […]
Property taxes and Ghana’s development
At a time when the domestic revenue from the traditional tax sources is fast dwindling, governments in the last two decades have made some attempts to focus on what many have described as ‘low hanging fruit’, property taxes, to shore up domestic revenue. At a time when the domestic revenue from the traditional tax sources […]
Why gold equities are continuing to underperform the gold price
JOHANNESBURG (miningweekly.com) – Why is it that gold equities are continuing to underperform the gold price? That is a question Mining Weekly put to Barrick president and CEO Dr Mark Bristow after he noted the lag of gold equities during the presentation of the third-quarter results of his New York- and Toronto-listed gold and copper mining company. The gold equity underperformance comes amid demand for physical gold putting upward pressure on the gold price as de-dollarisation within […]
New oil wells boost Ghana’s petroleum revenue to record level
The commencement of new oil wells under the Jubilee South East project has significantly boosted Ghana’s crude oil production. This has led to a 10.7 per cent increase in output and a record high for the country’s petroleum receipts. According to the 2024 semi-annual report by the Public Interest and Accountability Committee (PIAC), the total […]
Ghana’s Minerals Income Investment Fund invests US$2million in Castle Minerals
Castle Minerals Limited, an Australian-based mining company with substantial project areas across Ghana, has received a significant boost from Ghana’s Minerals Income Investment Fund (MIIF). In an announcement today, Castle Minerals said the MIIF has committed a US$2 million investment to support Castle’s gold exploration initiatives and the Kambale Graphite Project in northern Ghana. This […]
Kenya National Treasury Tax: SHIF deductions from gross salaries to boost take-home
The National Treasury has proposed that the Housing Levy and Social Health Insurance Fund (SHIF) deductions be made from workers’ gross salaries before taxation, aiming to increase take-home pay for thousands of employees. The change, included in amendments to tax laws, would replace the current system, which gives a tax relief of 15 per cent […]
World Bank commits $9bn to agribusiness, calls for inclusive ecosystem
The World Bank has committed $9 billion in agribusiness investments, calling for the creation of a comprehensive global ecosystem as food demand is set to increase by up to 60 per cent. The call follows the Bank’s observation of four emerging shifts that could reshape the agribusiness landscape such as improving productivity, climate resilience, and […]
Thousands of international students miss fall semester amid visa delays
Thousands of international students expected to study at three Ontario colleges are missing the fall semester, after Ottawa announced it would further tighten Canada’s study permit system. Some school officials are attributing the dramatic enrollment decline to a chilling effect created by the federal government’s policy, and to visa delays that have resulted from a stricter approach. […]