AFRICA NEWS

South Africa’s Supreme Court of Appeal has ordered former President Jacob Zuma to return to prison after upholding an earlier ruling that his medical parole had been unlawful. But it is not clear if he will spend any more time in jail. The 80-year-old was given a 15-month sentence last …

The United Arab Emirates (UAE) has reportedly banned nationals of Ghana and 19 other African countries from entering its capital city, Dubai. Even though the reason for the ban was not stated, it was expected to start on Monday, October 24, 2022, according to DW Africa. “The United Arab Emirates …

A video of the riots and subsequent fire in the French embassy complex in the capital of Burkina Faso has been published, Protesters accuse the European nation of hosting and protecting the recently ousted interim president, Lieutenant Colonel Damiba, who also seized. According the report gathered  the crowds of protesters …

An army captain in Burkina Faso has announced on national television that he has ousted military leader Lt Col Paul-Henri Damiba. Ibrahim Traore cited Lt Col Damiba’s inability to deal with an Islamist insurgency as the reason.     He also announced that borders were closed indefinitely and all political …

The Deputy Minister for Tourism, Arts & Culture, Mark Okraku-Mantey, has revealed that Ghana has been declared the No.1 tourism destination in West Africa, by the World Economic Forum. He made this revelation in an interview with Prince Tsegah on Usay Weytin on Hitz FM.   “For your information, at …

Burkina Faso’s government says 11 soldiers were found dead and around 50 civilians are missing following a suspected jihadist attack on a convoy. Twenty-eight other people, including 20 soldiers, were wounded in the Monday attack and a search for the missing people is ongoing.   The vehicles, which were escorted …

Fatima Bio, the wife of Sierra Leone’s president, Julius Maada Bio, has said her husband holds a PhD degree in staging coups therefore nobody can overthrow him. She was referring to the violent protests of 10 August in opposition strongholds which left 31 people killed including six police officers.   …

The Lagos State police command, has apprehended two buses loaded with large quantity of live cartridges, three dismantled motorcycles at Poromope Estate, Ijede Road, Ikorodu, Lagos State.   In a statement signed by the Police Public Relations Officer, Benjamin Hundeyin on Saturday, the operatives of Ikorodu Division also made some …

Fitch Ratings has downgraded Ghana’s Long-Term Local- and Foreign-Currency Issuer Default Ratings (IDRs) to ‘CC’, from ‘CCC’. Fitch typically does not assign Outlooks to issuers with a rating of ‘CCC’ or below. A full list of rating actions is at the end of this rating action commentary.       …

Ghana is ranked 1st in Africa with the largest outstanding debt to the International Monetary Fund.   According to the Fund’s Quarterly Finances as of the end of July 2022, the country’s loans outstanding is estimated at 1.31 billion Special Drawing Rights equivalent to about $1.69 billion.   The country’s …