Retirement planning is a journey that requires careful consideration and strategic decisions to ensure a financially secure future. Annuities have emerged as a popular and versatile tool in retirement planning, offering a guaranteed stream of income that can help individuals achieve their retirement goals. In this article, we will delve into the world of annuities, … Read more
Life insurance serves as a crucial financial tool that provides protection, security, and peace of mind for individuals and their families. It offers a safety net by ensuring that loved ones are financially supported in the event of the policyholder’s death. As you explore the world of life insurance, it’s important to understand the various … Read more
Insurance policies are vital financial tools that provide protection and peace of mind in times of uncertainty. Whether you’re safeguarding your health, securing your property, or planning for the future, understanding the fundamental concepts and types of insurance policies is crucial. In this article, we will delve into the key aspects of insurance policies, including … Read more
Moove, the pioneering mobility fintech company, has unveiled a significant milestone by raising $76 million in new funding. This latest funding round comprises a diverse mix, including $28 million in equity from both new and existing investors, led by Mubadala Investment Company (Mubadala), $10 million in venture debt from funds and accounts managed by BlackRock, … Read more
The introduction of the US cryptocurrency Worldcoin in Kenya has been halted following the company’s large-scale effort to enroll customers by utilizing iris scans as part of its global rollout. The Kenyan government’s action represents a setback in the worldwide launch of this product and draws attention to issues such as the collection of personal … Read more
As the fiscal year progresses, companies listed on the Nigerian Stock Exchange (NSE) are gearing up to propose dividend payments to their valued shareholders. These proposed dividends, recommended by the respective boards of directors, are not only a reflection of a company’s financial performance but also a crucial factor influencing shareholder returns and share prices. … Read more
The Ghana Revenue Authority (GRA) has issued a significant announcement that is poised to impact the country’s burgeoning betting and lottery industry. Starting from August 15, 2023, a new 10% withholding tax on all betting, games, and lottery wins will come into effect. This development follows a recent amendment to the Tax Act by the … Read more
In a monumental shift within Nigeria’s business landscape, Dangote Cement has dethroned telecommunications giant MTN Nigeria to claim the title of the country’s most valuable company. The impressive feat comes as Dangote Cement achieves a valuation of N5.99 trillion ($7.9 billion), marking a 24% surge compared to the previous month. This seismic shift has sent … Read more
A legal dispute has sent shockwaves through Ghana’s mining sector, casting a shadow of uncertainty over the operations of Adamus Resources Ltd and Nguvu Mining Ltd. The turmoil stems from an ongoing dispute surrounding the execution of interlocutory injunction orders issued by the court on July 27, 2023. As tensions escalate, legal representatives for the … Read more
Ethiopia, in its pursuit of economic expansion and global competitiveness, is taking a significant step forward with the approval of a $730 million loan from the International Development Association, a division of the World Bank Group. The funds will be utilized to upgrade the crucial road link between Addis Ababa and the port city of … Read more