UK Businesses Warn Starmer Against Raising Employer Payroll Tax
(Bloomberg) — UK business groups warned the country’s new Labour government against raising a key tax on employers after Prime Minister Keir Starmer and Chancellor of the Exchequer Rachel Reeves both signaled a hike is being considered at the budget later this month. Executives on Tuesday warned that raising the payroll tax — known as […]
Petroleum products dominate imports in Q2 — Gold leads exports
Ghana’s import market continues to be dominated by refined petroleum products, with gas oil and motor spirit super accounting for a quarter of the total import bill in the second quarter of the year. Out of the country’s total import bill of GH¢58.8, gas oil accounted for GH¢7.3 billion, with motor spirit super accounting for […]
ATAF, ACBF Forge Strategic Partnership to Elevate Africa’s Tax Systems
In a significant development for Africa’s economic future, the African Capacity Building Foundation (ACBF), the leading institution for capacity development in Africa, and the African Tax Administration Forum (ATAF), the continent’s premier authority in tax matters, have signed a Memorandum of Understanding (MoU). This MoU marks a critical step towards strengthening Africa’s tax systems by […]
AUC & GABI Collaborate to Advance Trade Investment in Africa
AUC & GABI Partner to Boost Intra-African Trade Key Initiatives to Advance Trade Investment Across Africa Advance trade investment in Africa as AUC and GABI unite to boost regional integration, innovation, and economic growth across the continent. The African Union Commission (AUC) and the Global Africa Business Initiative (GABI), an initiative of the United […]
Ghana breaks ground on first $12-billion phase of downstream petroleum hub
Ghana’s state-owned Petroleum Hub Development Corp. and a consortium of private-sector partners have broken ground on the first phase of the subregion’s first integrated downstream petroleum hub. Ghana’s state-owned Petroleum Hub Development Corp. (PHDC) and a consortium of private-sector partners have formally broken ground on the previously announced first phase of the West African subregion’s […]
EU Accelerates Investment in West Africa for Stronger Economic Ties
EU Accelerates Investment in West Africa for Stronger Economic Ties The European Union is significantly ramping up its trade and investment in West Africa, signaling a transformative phase in the region’s economic landscape. As global markets evolve and strategic partnerships take center stage, the EU’s renewed focus on fostering deeper commercial ties with West African […]
Africa’s Outsourcing Boom: Young Talent Fuels Industry Growth
Africa is forecast to create 1.5 million new BPO jobs over the next six years, with South Africa, Kenya, and Egypt poised to benefit. The business process outsourcing (BPO) sector in Africa – currently employing 1.2 million full-time equivalents across more than 400 contact centres handling international outsourcing contracts – is set for exponential growth. […]
How Mining Is Unlocking Mauritania’s Potential
Unlocking Mauritania’s Potential Through Mining Mauritania’s Potential lies in its untapped mining resources, offering a unique opportunity for economic transformation and sustainable development. As global demand for minerals rises, Mauritania is strategically positioned to become a key player in the mining sector. However, realizing this potential requires the right investment, expertise, and partnerships. This blog […]
GroConsult Crowned as Consulting Firm of the Year at the 10th Edition of the Business Executive Excellence Awards 2024
We are thrilled to announce that GroConsult Management Consortium has been named the Consulting Firm of the Year at the prestigious 10th Business Executive Excellence Awards 2024. This remarkable achievement is a testament to our unwavering commitment to delivering exceptional services and driving the success of our clients across Africa. The Business Executive Excellence Awards, […]
AfDB President Adesina looks back after eight years at the top
Akinwumi Adesina wants one of the legacies of his tenure at the African Development Bank to be Africa’s own credit rating agency, run from the continent. He tells Chris Bishop why. He’s had his critics over the last eight years, but you could never really fault Akinwumi Adesina for a lack of passion and resilience. […]