Vodacom Tanzania’s recent acquisition of Smile Communications Tanzania has stirred discussions in the telecom industry. This deal marks a significant move for both companies and is expected to influence the telecom landscape in Tanzania. In this post, we’ll delve into the details, implications, and data insights surrounding this acquisition. Details of the Acquisition: Vodacom Tanzania … Read more
In a significant move aimed at stabilizing the country’s monetary system, the Zimbabwe Stock Exchange (ZSE) has initiated trading in Zimbabwe Gold (ZiG), the nation’s new gold-backed currency. This development follows the recent decision by the country’s central bank to demonetize the Zimbabwean dollar as part of broader monetary policy measures announced on April 5th. … Read more
Kingsley Abrokwah, the founder of Ghanaian fintech startup KudiGo, has announced his decision to step down from the role of CEO of the company. The announcement was made via a LinkedIn post where Mr. Abrokwah expressed his intentions to transition to a non-executive director role within KudiGo. In his post, Mr. Abrokwah assured that despite … Read more
Spotify, the popular audio streaming platform, has announced a price increase for its “Premium Individual” service in Ghana. This premium service, which allows users to enjoy Spotify without any advertising interruptions, will see a change in pricing from GHS 17.00 per month to GHS 22.00 per month. In an email sent to subscribers, Spotify explained … Read more
The Nigerian Stock Exchange (NSE) serves as a vital platform for investors to participate in the country’s economy. March witnessed a blend of movements among various stocks listed on the NSE. Here, we explore the performances of some notable stocks during the month: Top Performers: Stable Performers: Challenges Faced: Read Also: March 2024 Performance of … Read more
In March, the GSE witnessed varied movements among its listed stocks. Let’s enter into the notable performances of some key stocks on the exchange during the month. AngloGold Ashanti Limited (AGA) and AngloGold Ashanti Depositary Shares (AADS):AngloGold Ashanti, a renowned gold mining company, experienced a stable performance during March. Both its ordinary shares (AGA) and … Read more
In a strategic move to penetrate the Ivory Coast market, digital commerce startup Tappi has announced a partnership with telecommunications giant MTN. Founded in 2022 by Kenfield Griffith and Louis Majanja, Tappi aims to empower small businesses by offering affordable online promotion services starting at just $8 a month. With a focus on providing simple … Read more
Ghana’s fintech landscape is abuzz with excitement as PullGain, a groundbreaking investment platform, enters the scene, promising to democratize access to investment opportunities and foster financial inclusion. Founded by Anthony Akorful Botchway and Paras Parmar, PullGain aims to address the challenges faced by many Ghanaians in finding reliable investment options. The inspiration behind PullGain stems … Read more
In the latest economic update from Ghana, the nation’s GDP for 2023 surged to GHS 841.6 billion, marking a substantial increase of GHS 227 billion from the previous year’s figures. This significant growth was primarily propelled by the services sector, which contributed a whopping GHS 357.34 billion, constituting 45.6% of the Gross Domestic Product (GDP). … Read more
In running small business, legal support is a crucial aspect that often poses financial challenges, especially for small businesses. However, the advent of Artificial Intelligence (AI) in the legal domain is revolutionizing the way legal services are delivered, making them more accessible and affordable for small enterprises. 1. Automated Document Drafting and Review AI-powered legal … Read more