Category: Business
China Condemns US Vice President Vance’s Ignorant and Impolite” Comments on Trade
JD Vance Source: Africa Publicity China has strongly condemned US Vice President JD Vance’s remarks on the country’s economic relationship with the US, labeling them “ignorant and impolite“. Vance’s comments came during a Fox News interview where he defended President Donald Trump’s tariffs, saying, “We borrow money from Chinese peasants to buy the things those…
GIPC Secures Nearly $100 Million in Foreign Direct Investment Under GETP
Source: Africa Publicity The Ghana Investment Promotion Centre has successfully secured almost $100 million in foreign direct investment commitments since 2019 under the Ghana Economic Transformation Project. The flagship initiative, implemented by the Ministry of Finance with funding from the World Bank, aims to promote private sector-led growth, economic diversification, and job creation….
Ghana Cracks Down on Illegal Mining As President Mahama Pledges No Mercy
Source: Africa Publicity The Ghanaian government has vowed to take a firm stance against illegal mining, labeling it a direct threat to the country’s economy and environment. President John Dramani Mahama emphasized that the practice is tantamount to “environmental terrorism” and warned that offenders will face the full force of the law, regardless of…
Tariff Tensions Escalate: Trump Threatens China with 50% Additional Tariffs
Donald Trump Source: Africa Publicity In a latest escalation of trade tensions, US President Donald Trump has warned China of imposing additional 50% tariffs if Beijing doesn’t withdraw its 34% retaliatory tariffs on US goods. The move could lead to a staggering 104% tax on certain goods imported from China, further straining trade relations between…
Ministry of Finance shares policy rationale behind proposed tax measures in Ghana’s 2025 National Budget
Mr. Daniel Nuer Source: UKGCC Mr. Daniel Nuer, the Acting Director of the Ministry of Finance’s Revenue Policy Division, has shared during the UK-Ghana Chamber of Commerce (UKGCC) and PwC Ghana’s webinar on “Tax Updates in Ghana’s 2025 National Budget”, that economic, administrative, and political economy reasons played key roles in the tax measures proposed…
Trade War Escalates: China Retaliates with 34% Tariffs on US Imports
Source: Africa Publicity In a move that’s expected to worsen trade tensions between the world’s two largest economies, China announced on Friday that it will impose reciprocal 34% tariffs on all imports from the United States starting April 10. This decision comes after US President Donald Trump unveiled an additional 34% tariffs on all…
Djibouti to gather leaders in finance and industry to accelerate investments across Africa
The second edition of the Djibouti Forum will bring together important leaders in finance and business from over 50 countries to help kickstart a new era for investment in a fast moving and changing global order. Hosted by the Fonds Souverain de Djibouti (Sovereign Wealth Fund of Djibouti), this exclusive gathering has been designed…
Zoomlion’s Huge Sanitation Infrastructure Unparalleled — Ahmed Ibrahim
Ghana’s Minister of Local Government, Chieftaincy, and Religious Affairs (MLGCRA), Hon. Ahmed Ibrahim has hailed Zoomlion Ghana Limited for its unparalleled sanitation infrastructure in West Africa amid a strategic collaboration to tackle Ghana’s waste management crisis, particularly plastic. The minister was peaking on Adom TV in Accra, when he underscored the indispensability of Zoomlion’s…
Ghana Intensifies Fight Against Illegal Mining:No Safe Haven for Illegal Miners-Lands Minister
The Government of Ghana has reaffirmed its commitment to eradicating illegal mining, with the Minister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah, MP, vowing to use all lawful means to combat the menace. Speaking at a press briefing on Thursday, April 3, 2025, the Minister outlined a five-pillar strategy to tackle illegal…
Ghanaian Government Owes Zoomlion A Whooping GHC1.2BN for Unpaid Waste Management Services – Minister Reveals
Source: Patricia Ofori-Atta The Minister of Local Government, Chieftaincy and Religious Affairs (MLGCRA) under which sanitation falls under has made a shocking revelation that the government owed Zoomlion Ghana Limited a staggering 1.2 billion Ghana cedis for services provided over the last two years. The Minister, Hon. Ahmed Ibrahim, made this revelation on Adom…
ANCELLOTTI SOUNDS ALARM OVER REAL MADRID’S DEFENSIVE FRAGILITY
Real Madrid secured their spot in the Copa del Rey final on Tuesday, but their 4-4win over Real Sociedad in the semi-final second leg has raised concerns for head coach Carlo Ancelotti. Despite the thrilling match, which saw eight goals scored at the Santiago Bernabeu, Ancelotti acknowledged that conceding four goals is a worrying sign…
PREMIER LEAGUE POWER STRUGGLE: MANCHESTER CITY AND NEWCASTLE SET TO SEAL CHAMPIONS LEAGUE SPOTS, WHILE CHELSEA FACE AGONY OF MISSING OUT
The Premier League’s top-five race is heating up, with the fight for Champions League places reaching a thrilling crescendo. With England poised to secure a fifth Champions League spot from UEFA, the stakes have never been higher. Manchester City, the reigning Premier League champions, currently occupy fifth place, but only four points separate them from…
South Africa’s Reserve Bank Governor Advocates for Lower Inflation Target
Source: Africa Publicity Lesetja Kganyago, Governor of the South African Reserve Bank, has defended the bank’s inflation targeting framework, citing its success in maintaining economic stability over the past 25 years. However, Kganyago also emphasized the need to reassess the current 3% to 6% inflation target, suggesting that it should be lowered to…
Johannesburg Stock Exchange Launches on Shyft App, Making Investing More Accessible
Source: Africa Publicity The Johannesburg Stock Exchange (JSE) has taken a significant step towards democratizing access to investing, launching on the Standard Bank-powered Shyft app. This move enables ordinary South Africans to invest in shares of top companies like Capitec, Sasol, and Anglo Ashanti without the need for an equities dealer or fund manager….
Ghana Education Service Reschedules Reopening Date for Single-Track Senior High Schools to April 23
Source: Africa Publicity The Ghana Education Service (GES) has announced a new reopening date for single-track senior high schools (SHSs), shifting from the original date of March 29, 2025, to April 23, 2025. This change was outlined in a circular dated March 27, 2025, and addressed to all regional education directors. According to…
Nigeria Customs Service Introduces Electronic Currency Declaration System
Source: Africa Publicity The Nigeria Customs Service (NCS) is set to launch an electronic currency declaration system to enhance the process of travelers declaring cash carried into or out of Nigeria. This initiative aims to strengthen Nigeria’s anti-money laundering framework and improve compliance with financial regulations. According to NCS spokesperson Abdullahi Maiwada, “The Nigeria…