Goldcorp acquires Kaminak

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Goldcorp Inc. (TSX: G, NYSE: GG) and Kaminak Gold Corporation (TSX-V: KAM) have announced that they have entered into a definitive arrangement agreement pursuant...

MTN no longer Africa’s most valuable telecoms operator

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Battered by a bad year in Nigeria, South Africa’s MTN has lost the title of Africa’s most valuable telecommunications company to its rival Vodacom. At...

Nissan buys controlling share in Mitsubishi

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Nissan and Mitsubishi Motors (MMC) announced Thursday May 12 that they have signed an agreement where Nissan will take a 34 per cent equity...

Coca-Cola HBC would consider expanding in Africa

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Coca-Cola HBC, a bottler of Coca-Cola drinks, is open to further acquisitions in Africa if the right opportunity became available, its chief executive said...

Oil falls as $ strengthens

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Oil prices ended a three-day bull run on Friday, falling as a strong dollar made it more expensive to hold oil positions though losses...

Stanchart bank boss risks jail term for contempt of court

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Chief Executive Officer of Standard Chartered Bank Ghana, Kweku Bedu-Addo risks going to jail, if he fails to purge himself by  June 6th, 2016, of...

April inflation declines to 18.7 percent

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Inflation for the month of April 2016 sharply declined to 18.7 percent compared with the 19.2 percent recorded in March 2016. The monthly change rate...

GOIL’s 2015 profits up by 10%

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Oil marketing company, Goil reported an increase in profit after tax of 10.4 percent in 2015. According to the company, its profit after tax increased...