Archive
Economy, markets, trade and enterprise.
A rare piece of Formula 1 history has found a new home in West Africa. The 2013 Marussia MR02, which recently arrived in Ghana, has been confirmed as part of the collection of multi-millionaire businessman Dr. Osei Kwame Despite. The historic single-seater is currently being carefully unloaded in...
Business
Alhassan Dantata (1877–1955) was a Nigerian merchant and entrepreneur who built a substantial trading empire in West Africa during the colonial era. He traded commodities including groundnuts, kola nuts, livestock and imported goods, with his commercial activities extending across present-day Nig...
Business
Ghana’s new way of managing its gold industry is drawing attention from other African countries. Over the past year, seven nations — Sierra Leone, Mozambique, Tanzania, Zimbabwe, Zambia, Sudan and Namibia — have held talks with the Ghana Gold Board, known as GoldBod, to learn how the system works...
Business
South Africa holds the world’s largest reserves of rhodium and accounts for approximately 80% of global supply. The rare platinum-group metal continues to rank as the most expensive precious metal on the market. As of mid-September 2026, rhodium trades at around $9,050–$9,550 per ounce. This sign...
Business
The Ghana Police Service will begin full enforcement of traffic offences through its automated traffic law enforcement programme, TRAFFITECH-GH, from October 1, 2026. The programme, which has undergone months of pilot operations, will use cameras and Personal Data Assistant (PDA) devices to detec...
Business
Aliko Dangote, Africa’s richest person and CEO of Dangote Group, has seen his fortune rise to $51.1 billion, placing him 36th among the world’s wealthiest people as of 14 September 2026. The latest estimate is up $196 million, or 0.38%, on the day. Dangote built much of that wealth through Dangot...
Business
A majority of Kenyans say their personal or household finances have deteriorated since the 2022 general election, according to a new national poll by Trends and Insights for Africa (TIFA). The survey, released on 9 September 2026, found that 65% of respondents said their economic situation was wo...
Business
President of Dangote Industries Limited, Aliko Dangote, has disclosed that he acquired his first private jet at the age of 22 and a half. The billionaire industrialist made the revelation on Monday while speaking at the Nigerian Exchange in Lagos during the formal launch of the Initial Public Off...
Business
Zimbabwean President Emmerson Mnangagwa has declared that Victoria Falls belongs solely to Zimbabwe, rejecting the long-standing understanding that the world-famous waterfall is shared with neighbouring Zambia. Speaking on 9 September 2026 at the official opening of the Sanganai/Hlanganani World...
Business
The International Monetary Fund (IMF) has raised concerns about the continued increase in liabilities among Ghana’s State-Owned Enterprises (SOEs), warning that the growing debt burden could pose significant fiscal risks to the government. According to the IMF, the combined liabilities of Ghana’s...
Business
Ghana’s National Road Safety Authority (NRSA) has announced measures that could lead to the removal and auctioning of abandoned vehicles as part of efforts to improve road safety and tackle vehicles left unattended on public roads. Under the measures, vehicle owners whose cars are abandoned in lo...
Business
South African President Cyril Ramaphosa arrived in New Delhi, India, on Friday, September 11, 2026, to participate in the 18th BRICS Summit. The meeting, which will take place from September 12–13, 2026, at Bharat Mandapam, is being hosted by India under its BRICS chairship. This year’s summit is...
Business