Harare Prioritizes Healthcare Financing with New Policies and Increased Investments

The Zimbabwean government has reaffirmed its commitment to improving healthcare financing through a series of initiatives, including a sugar tax, a health levy, and plans to implement a National Health Insurance scheme. At a recent conference in Harare, officials announced that the sugar tax had generated $18 million, while the health levy contributed $10 million … Read more

Consolidated Bank Ghana Achieves Record GH¢1 Billion Revenue in Q3 2024

Consolidated Bank Ghana (CBG) has reported its highest quarterly revenue since its inception, posting an impressive GH¢1 billion in Q3 2024. This milestone reflects the bank’s continued growth and strategic focus on innovation and customer-centric solutions. Profit before tax experienced an extraordinary surge, rising to GH¢169.9 million, a staggering 3,105% increase from GH¢5.3 million in … Read more

Deloitte Predicts Ghana’s Insurance Penetration Rate to Stay at 1.0%

With an insurance penetration rate of just 1.0% as of 2024, Ghana’s insurance market remains one of the least developed in Africa. According to Deloitte’s Africa Insurance Outlook, this statistic highlights significant gaps in coverage across the country. However, beneath this low penetration rate lies immense potential for growth, fueled by population expansion, rising financial … Read more

Ghana Launches MyCredit Score to Improve Access to Credit and Boost Financial Inclusion

Ghana’s Vice President, Dr. Mahamudu Bawumia, has officially launched MyCredit Score, a groundbreaking credit scoring platform aimed at enhancing access to credit and promoting financial inclusion in the country. The new platform, available to both individuals and businesses, is designed to provide a standardized credit score to assist lenders in making more informed and responsible … Read more

Safaricom’s Half-Year Profits Dip Amid Ethiopian Currency Woes, Increased Capex

Safaricom PLC, Kenya’s largest telecommunications company, reported a 17.7% drop in its half-year net profit to KSh 28.1 billion from KSh 34.1 billion. The earnings slump is attributed to a steep 106% depreciation of the Ethiopian Birr, which significantly impacted its fledgling Ethiopian operations. This adverse currency shift inflated Safaricom’s expenses in Ethiopia, costing the … Read more

Tesla Stock Surges Following Trump’s Presidential Victory, Musk Expected to Benefit

Tesla (TSLA) saw a significant surge in premarket trading, rising over 12% early Wednesday morning, as investors reacted to Donald Trump’s presidential election victory. Tesla’s CEO, Elon Musk, who supported Trump’s campaign, was prominently mentioned by the president-elect in his victory speech. Trump described Musk as a “super genius,” saying, “We have to protect our … Read more

Ghana’s 5G Launch: What You Need to Know About the Next Generation of Mobile Connectivity

Ghana recently launched 5G, the fifth generation of mobile network technology, marking a major step forward for connectivity in the country. Promising faster speeds, reduced latency, and the potential for new applications across industries, 5G is set to transform how Ghanaians connect and interact digitally. Here’s a look at what Ghanaians can expect with 5G, … Read more

Ghana Stock Market Update: October’s Top Performers and Annual Returns

GSE

October proved to be a strong month for several equities on the Ghana Stock Exchange, with notable gains among financial, consumer, and petroleum companies. This article provides a breakdown of top performers, both for October and year-to-date, highlighting key equities that outperformed the market in recent months. Equity Share Price (GH¢) October Returns Full Year … Read more

How to Automate Your Online Business: A Guide to Saving Time and Scaling Smarter

image of a solo entrepreneur hard at work, focused on their online business in a modern, minimalist workspace.

Running an online business can be exhilarating. Whether you’re a solopreneur, an indie hacker, or a small business owner, there’s nothing quite like the freedom of building something on your own terms. But as your business grows, so do the demands on your time. The once-simple daily tasks start to pile up, leaving you with … Read more

Build in Public vs. Stealth Mode: Which is Better for Your Startup?

In building a startup, there’s a pivotal decision every founder has to make at the outset: Do you build your company in public, sharing every step of your journey, or do you stay in stealth mode, quietly working away until you’re ready to unveil your creation to the world? Both approaches have their merits and … Read more