Category Archives: Business News

BoG to develop Risk-Based Approach for designated non-financial businesses/professions

The Bank of Ghana (BoG) is in the process of developing a robust framework for implementing a Risk-Based Approach (RBA) to Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) for designated non-financial businesses and professions. Dr....

Morocco, Sierra Leone Discuss Ways To Promote Cooperation

RABAT, Morocco� Morocco and Sierra Leone discussed in Rabat, ways to foster cooperation between the two countries in agriculture, tourism, energy and new technologies.Moroccan Minister of Foreign Affairs, Nasser Bourita, said in a press briefing, after...

WFP Warns of ‘Unprecedented’ Food Emergency in Burkina Faso

The World Food Program warns that millions of people in Burkina Faso are facing what it calls an unprecedented humanitarian emergency because of growing hunger, instability and displacement.Fighting in Burkina Faso has intensified over the past six mon...

Zimbabwean Bank Alleges Loan Defaults by 26 Public Figures

The Zimbabwean president's son, a former first lady and 24 prominent politicians are accused of abusing their positions to acquire loans without collateral from a leading bank in the southern African country. The Commercial Bank of Zimbabwe (CBZ) says...

Zimbabwe Opposition Plans Demonstrations Over Economy Next Week

Zimbabwe's main opposition party is planning street demonstrations next week to protest against the government's handling of the economy, which is mired in its worst crisis in a decade and has plunged most citizens into poverty.The southern African nat...

Hopes Fade as South Africa’s Unemployment Hits Record High

Lucky Nonyane is a qualified plumber and building inspector with two decades of experience. At one time, he said, he earned a good enough living to buy a car and to help out his now-grown children.But times have changed, and