business
California’s billionaire tax faces a precarious road from rich opposition
Tech billionaires have raised more than $300m to oppose the billionaire tax proposal.
business news
business
This could be the biggest investment bet in the history of global capitalism
Anthropic looks set to surpass SpaceX's record-breaking IPO despite so far failing to produce an annual profit.
business
Your past prescriptions haven’t helped developing countries – TOR MD tells IMF
Mr Edmond Kombat, the Managing Director of the Tema Oil Refinery Limited (TOR), has challenged the International Monetary Fund (IMF) over its long-standing prescriptions for state-owned enterprises. Mr Kombat was responding to a question on the reason for the recent visit by a delegation from the IMF to the state-owned Oil Refinery, at the Government Accountability Series Press Conference held at the Presidency in Accra.
business
Yellow Card wins top Diamond honour at 2026 Money Awards
Yellow Card has won Gold in the Diamond category at the 2026 Money Awards, securing its second consecutive recognition at the global fintech awards following its Grand Prix victory in the Payments category last year. According to the company, the Diamond category is the programme’s highest honour, recognising transformative achievements in the global financial technology industry.
business
NGX rallies as index surges to 251,290 points
The Nigerian equities market rallied on Monday, with the All-Share Index surging to 251,290.54 points and market capitalisation hitting N163.16tn.
business
Twellium wins Beverage Manufacturing Brand of the Decade Award
Twellium Industrial Company Limited has been named Ultimate Beverage Manufacturing Brand of the Decade at the sixth edition of the National Governance and Business Leadership Awards 2026, recognising the company’s manufacturing growth, product development and expanding regional presence. The Ghana Export Promotion Authority lists Burkina Faso, Liberia, Mali and Côte d’Ivoire among Twellium’s export destinations, illustrating the company’s participation in regional trade.
business
UK shop price inflation ‘highest since 2024’ as retailers struggle to limit price rises
British Retail Consortium says ‘dam is starting to break on the huge wave of costs’ being kept from consumers Shop price inflation has risen to the highest level in two and a half years, according to the British Retail Consortium, which warned that “the dam is starting to break” when it comes to retailers trying to limit price rises for customers. The lobby group said shop price inflation was 2.1% year on year in October, a sharp rise compared with 1.4% in September, and an indication that retailers were beginning to pass on the rising costs of energy and food ingredients since the Middle East
business
Carers allowed to earn over the weekly limit without losing out as ‘cliff-edge’ abolished in the budget
Controversial mechanism that hit unpaid carers with huge penalties to be scrapped following Guardian investigation The controversial rule that led to unpaid carers being punished with penalties amounting to thousands of pounds is to be abolished, the Guardian can reveal. The chancellor, John Healey, is to announce a new digital taper system for the so-called carer’s allowance in Wednesday’s budget, effectively ending what is regarded as one of the UK benefit system’s most feared and unfair administrative practices.
business
Live: Anthropic to hit stock market with 'eye-popping' growth and massive losses
The AI giant behind Claude has filed its plans to float on the share market. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
business
Amid alleged liquor deaths in Madhya Pradesh’s Dewas, police nab 10 for illicit trade
The locals of the two villages have claimed that 13 people have died so far since September 26
business
Solicitor-General to appear for Karnataka in bike-taxi case
Karnataka says HC’s decision to allow bike-taxis ignore poor safety standards of motorcycles, higher accident fatality rates, and congestion
business
ACAMB advises bank customers against phishing scams, urges protection of sensitive information
The association alerted that criminals are increasingly using fake bank alerts, cloned websites and impersonation accounts to steal sensitive financial information
business
Atwima Kwanwoma Community Bank posts GH¢44.2m profit, records prudent lending and recovery growth
Atwima Kwanwoma Community Bank PLC has posted a strong financial performance for the year ended December 31, 2025, with profit after tax rising to GH¢44.2 million, representing a 17.33 per cent growth. At its 43rd Annual General Meeting of the Bank, Board Chairman, Kwame Kyei Kusi told shareholders the bank remained resilient, profitable and compliant despite a challenging economic environment.
business
GCB Bank partners with UnionPay to launch Ghana’s first RMB debit and prepaid cards
GCB Bank PLC has partnered with UnionPay International to introduce Ghana’s first Renminbi (RMB) debit and prepaid cards, allowing customers to make payments directly in the Chinese currency without intermediate currency conversions. The agreement, formalised at UnionPay International’s headquarters in Shanghai, China, was witnessed by representatives of the Bank of Ghana.
business
Malawi delegation studies Ghana’s mining reforms and responsible gold governance
Malawi is looking to Ghana’s experience in gold production and mining-sector reforms for lessons to strengthen its own mineral governance, with a focus on responsible sourcing, artisanal mining and the financing of mineral-related businesses. The delegation, led by Malawi’s Minister of Mining, Thoko Tembo, met Ghana’s Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, as part of a learning mission supported by the United Nations Development Programme (UNDP).
business
NTEL bets on WakaGo to simplify global connectivity for Nigerian travellers
NATCOM Development and Investment Limited, trading as NTEL, is betting on WakaGo, its global eSIM service, to provide a more convenient and affordable alternative. But at the moment, we have released two products, one being an AirFibre B2B product, and number two being WakaGo, a global eSIM product for Nigerians outside Nigeria.
business
‘I, The TrUssTER, will NeveR die’ – Liz Truss’s Bank Job, digested by John Crace
I’vE oNLy GOnE aND RiTTen anOTHer BoOK. And iT’S DefiNATly tHE mosT ImPORtanT BoOk iN ThE EntIRe uniVErSE.
business
Bookies fear budget hit but gaming machine self-harm killed off the old-fashioned shops
Apparently so, because having successfully persuaded Rachel Reeves to exempt racing from a (modest) hike in betting day in 2025, here we are again, nervously anticipating Wednesday’s budget amid warnings that John Healey could effectively sound the death-knell for high-street betting shops. Healey is widely expected to raise the rate of Machine Games Duty (MGD) in the budget, a move which could, according to some predictions, lead the closure of thousands of high-street shops with significant knock-on effects for racing’s income from off-course gambling.
business
AI company Anthropic files its IPO in hopes of raising $100 billion
Anthropic has filed paperwork for an initial public offering that could be one of the biggest in history. The company has yet to turn a profit.
business
Houston’s message to Africa: Innovation must deliver more barrels, lower costs and better returns
By Kunle Odusola-Stevenson The future of Africa’s oil and gas industry will not be determined by the resources beneath its soil alone, but by how effectively it deploys technology, attracts investment and translates policy into commercial results. This was a central takeaway from the Society of Petroleum Engineers’ (SPE) Annual Technical Conference and Exhibition (ATCE) 2026, held in Houston, Texas, from October 21 to 23.
business
The regime change we need for Thames Water
Terry Barker says nationalisation changes who owns the shares, it does not change the rules, while James Wallace says the powers to intervene already exist. Plus a letter from Philip Clayton Andy Burnham’s instruction to officials to look at all options for Thames Water and not feel constrained (Burnham urges officials to come up with more radical options for Thames Water, 19 October) is welcome, but the options will fail unless they answer the right question.
business
Marketability of poetry hasn’t been explored enough – Nana Asaase
Ghanaian Poet, literary coach, and writer Philip Boakye Dua Oyinka, popularly known as Nana Asaase, has urged young creatives to explore the commercial potential of poetry, saying the art form offers opportunities beyond stage performances. He made these comments in an interview on The Career Trail programme aired on Joy Learning TV and Joy News.
business
DStv unveils four new subscription packages with prices from GH¢50 to GH¢570
MultiChoice Ghana has announced four new DStv subscription packages, with monthly prices ranging from GH¢50 to GH¢570, as part of efforts to provide subscribers with more affordable and flexible viewing options. Speaking at the briefing, the Country Chief Executive Officer of MultiChoice Ghana, Alex Okyere, explained that the new packages offer different channel selections, sports coverage and entertainment content to suit subscribers’ budgets and viewing preferences.
business
What the claw arcade game tells us about the cost of living crisis
No matter how you crunch the UK data, prices are rising while average wages stagnate. You put in a pound, and try to manipulate the claw to grab a toy that is worth nothing like a pound.