Gold rises as Wall Street falls

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Gold prices rose on Friday, buoyed by weak U.S. equity markets and chart-based strength, as it shrugged off a higher dollar and strong U.S....

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...