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Ghana misses restructuring target, Bloomberg says

Ghana's local currency, cedi, the second-worst performing currency in the world this year, is doomed to further suffering after the nation missed a deadline it...

Independent Africa

Elon Musk reclaims title as world richest person after loosing $200bn

Bloomberg's calculations, has again titled Elon Musk as the world' s richest person in the world. In December 2022, Bernard Arnault, CEO of the French...

Independent Africa

Peter Obi becomes top pick for Nigerian President – Bloomberg claims

A recent survey conducted by Bloomberg, the New York-based international television and media conglomerate, has concluded that Nigerian businessman and former governor of the...

Business

Aliko Dangote earns $411m so far in 2023 – Report

Aliko Dangote, the richest man in Africa, experienced a huge decrease in his net worth in 2022, but thanks to a recent rise in...

Business

$672m back-tax demanded from MTN Group by GRA withdrawn

The largest wireless carrier in Africa, MTN Group Limited, according to Bloomberg has declared that a tax bill for GH8.2 billion ($672 million) it received...

World

Spotify expected to layoff by this week: Bloomberg

After recent layoffs at Apple, Google, Microsoft, and Amazon, the Swedish audio streaming giant is reportedly preparing to make some cuts to its workforce. According...

News

Be extra vigilant on Tetteh Quarshie-Mallam stretch – Bloomberg report urge drivers

A road safety report has ranked the George Walker Bush Highway segment of the National Road One (N1) as the riskiest in Accra. The segment...

Entertainment

Apple reportedly reverses course on opposition to MacBook with touch screen

Apple has long opposed the idea of a MacBook with a touch screen, but that may soon change. Sources tell Bloomberg that Apple engineers are working on a touch...

Business

A $150 billion spending binge begins the year of the bond

In just four days, borrowers raised more than $150 billion (R2.56 trillion) in new debt after weeks of rising confidence that 2023 might finally...

News

Cedi ranked 2nd weakest currency in Africa, 4th worst globally at end of 2022

With a year-to-date loss of 38.86% against the US dollar, the Ghana Cedi finished 2022 as the second-weakest currency on the African continent, according...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia