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The cost of sending money to Sub-Saharan Africa needs to be lowered to increase diaspora remittance

Notwithstanding household inflationary pressures, the World Bank and industry stakeholders now claim…

Ghana’s e-levy is unfair to the poor and misses its revenue target: a lesson in mobile money tax design

In May 2022, the government in Ghana introduced a deeply unpopular tax…

Ghana surprises analysts by raising lending rate to 29.5% despite slowing inflation

Ghana's central bank on Monday surprised analysts by raising its main interest…

South Africa’s Eskom returns Ugandan power plants as licence expires

South Africa's power firm Eskom returned two hydropower plants to Uganda's government…

Bank of Ghana increases Monetary Policy rate to 29.5%

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has…

Central Bank of Nigeria confirms receiving more cash, loads ATMs

The Central Bank of Nigeria has released more old notes to Deposit…

Ghana records $752.8m trade surplus in first two months of 2023

Ghana recorded a trade surplus of $752.8 million in the first two…

South African rand weakens against stronger dollar

South Africa's rand weakened against a stronger dollar on Monday, as investors…

Tanzania Calls for Strong Measures to Combat Illegal Diamond Trade

Authorities in Tanzania have called for an increased accountability, transparency and implementable…

Nigeria’s Air Peace to start nonstop Israel flights in April

Israel's transport minister on Sunday approved an aviation deal with Nigeria that…