The recent political developments in the Republic of Togo has slowed down economic activities in the country but more significantly, it has taken toll on its currency – the CFA; with Togolese traders struggling to buy.
Price Waterhouse Coopers (PwC), the receiver of GCB Bank’s purchase of UT and Capital Banks, has begun issuing letters to staff of the two non-operational banks terminating their employment contracts with the two banks.
The Commissioner of the Customs Division of the Ghana Revenue Authority (GRA), Isaac Crentsil says challenges that impeded the smooth take off of the paperless goods clearing system at Ghana’s ports has been resolved.
After a prolonged silence (at least to the local media), government has at last provided reasons for its decision to the extend the three-year International Monetary Fund (IMF) Credit Facility programme by another one year.
The government will kick-off its One Village One Dam initiative in the Kpandai District of Ghana’s Northern region, with the building of 10 units of 300KW Biopower and 80 hectares of centre pivot irrigation dams in 10 selected villages in the area.
Retailers in Zimbabwe want the central bank to put a speedy end to foreign payment bottlenecks for suppliers of goods and commodities to shops in the country. This comes as shortages have started to emerge, owing to a foreign currency crunch.