Tag Archives: business

UK Economic Outlook and Market Volatility The economic landscape is currently marked by uncertainty, with markets experiencing fluctuations due to a combination of political threats and economic data. One significant factor contributing to this volatility is the renewed talk of former President Donald Trump threatening to remove Federal Reserve Chair Jerome Powell. This has created a tense atmosphere in financial …

Strategic Partnership Between Vitality Health International and Acacia Health Insurance The collaboration between Vitality Health International and Acacia Health Insurance has sparked optimism within Ghana’s health sector. This partnership is being viewed as a significant step forward in addressing the nation’s healthcare challenges through innovative insurance solutions. Dr. Andy Mprah, Deputy Director of the Private Health Insurance Services Directorate at …

Comedian Oga Obinna Shares Insights on Employment in the Entertainment Industry Comedian Oga Obinna has opened up about the significant number of people he employs through his work in the entertainment sector. As the host of The Oga Obinna Show, he has revealed that he currently has 34 individuals on his payroll, with a monthly salary expenditure of KSh 1 …

A New Era for Creative Entrepreneurs in Nigeria A groundbreaking initiative has emerged in Nigeria, introducing a N1.5 billion fund aimed at providing structured financial support to creative entrepreneurs. This development is backed by the United Kingdom and the Lagos State government, marking a significant step forward for the country’s creative sector. The initiative is spearheaded by Woodhall Capital in …

SSNIT Embarks on a New Era of Pension Management in Ghana The Social Security and National Insurance Trust (SSNIT) is taking significant steps to redefine the future of pensions in Ghana. With a strong emphasis on transparency, improved employer engagement, and enhanced digital services, the organization is working towards building a more inclusive and sustainable social security system. At a …

Morocco’s Automotive Industry Surges 36% in First Half of 2025, Marking a Major Economic Shift Morocco’s automotive industry has experienced a significant 36% increase in production during the first half of 2025, showcasing the country’s growing influence as a key player in regional and global manufacturing. This impressive growth highlights Morocco’s transformation into a major industrial hub, with the production …

The Automotive Sector as a Catalyst for Economic Growth in Nigeria Ekiti Governor, Biodun Oyebanji, has emphasized the significant potential of Nigeria’s automotive sector to drive economic growth and sustainable development. He highlighted that this industry should serve as a hub for creative and innovative ideas, particularly in the technological domain, to meet the demands of the 21st century. During …

The Struggle for a Sustainable Auto Market Building a sustainable and consumer-friendly auto market is a complex challenge, especially in the face of resistance from established players. According to RJ Scaringe, CEO of Rivian, one group has been particularly obstructive: traditional automakers. These legacy companies have long dominated the industry with internal-combustion vehicles, and their reluctance to embrace electric vehicles …

Rising Motorcycle Production in Thailand, but Challenges Loom Thailand’s motorcycle industry has seen a surge in production and sales during the first five months of 2025, yet this growth does not necessarily signal a bright future for the sector. According to the Federation of Thai Industries (FTI), the industry is expected to face a slowdown in the second half of …

Expansion of South Korean Power Equipment Industry in the U.S. Market South Korea’s LS ELECTRIC, a subsidiary of the LS Group focused on power and automation systems, has recently secured a significant contract worth 170 billion won ($123 million) to supply ultra-high-voltage transformers to renewable energy facilities across several western U.S. states. The company will manufacture these components domestically and …