Ghana has been ranked as the seventh strongest financial market in Africa, recording a financial market index score of 60, according to the Absa Africa Financial Markets Index report. The country placed behind Botswana, Namibia, Nigeria, Uganda, Mauritius and South Africa, with South Africa retaining its position as the continent’s strongest financial market. The ranking…
The rand gained further ground on Monday, supported by higher gold prices as local investors look towards the year’s last bit of economic data for clues on the health of South Africa’s economy. Shortly after 2pm, the currency was trading at R16.78/US$, continuing a firming trend that started in April. The rand is now at…
Hurricane Melissa is among the strongest hurricanes to have formed in the Atlantic Ocean since records have been kept, ranking as one the most powerful storms in terms of both wind strength and pressure. The storm, which formed last week, was an “extremely dangerous” Category 5 hurricane as it made landfall in Jamaica on Tuesday,…
Kingston, Jamaica — Hurricane Melissa was about to pummel Jamaica on Tuesday as a catastrophic Category 5 storm, the strongest to lash the island since recordkeeping began 174 years ago. The storm was expected to make landfall early Tuesday and slice diagonally across the island, entering near St. Elizabeth parish in the south and exiting…
Three people have died already in Jamaica as it braces for the world’s strongest storm this year – and possibly the strongest on record for the island – with US meteorologists warning of “catastrophic and life-threatening” conditions. With wind speeds of up to 175mph (282km/h), Hurricane Melissa is a category five storm – the maximum…
The International Air Transport Association (IATA) announced that Africa posted the strongest growth, as the global air cargo industry is maintaining its resilience as demand rose 4.1 per cent in August 2025 compared to the same period last year. According to the report, the growth marks the sixth consecutive month of year-on-year expansion, underscoring the…
