Forex trading is based on the value of currency pairs and their relationship. The difference in value between them is known as the spread. In this article, we will discuss the spread, how you can calculate it, and what types of spread there are.   Are you considering opening a position in forex? A unique asset, forex is very different from other trades. One element you must understand before investing is the spread, which describes the difference in currency pairs. Below, we discuss the spread, how it is worked out, and the many factors that can influence it. What is the spread in forex ..read more

Accra, Ghana – Dr. Mahamudu Bawumia, Vice President and flagbearer of the New Patriotic Party (NPP), has proposed the adoption of mobile money as a common payment system across Africa to address trade barriers and financial challenges on the continent. Speaking at the Interoperability Symposium organized by the Africa Prosperity Network (APN) in Accra, Dr. Bawumia highlighted long-standing issues hindering inter-African trade. These include low trading rates among African nations, low export rates, cumbersome payment systems, and pressure on foreign exchange. Proposal for Mobile Money Interop ..read more

In today’s fast-paced business environment, the management and cultivation of organizational knowledge stand as a cornerstone in the quest for perpetual growth and sustainability. It’s the intricately woven fabric of experience, expertise, and data that empowers businesses to innovate and stay ahead of the curve. Understanding and leveraging this knowledge can be the difference between an industry leader and a follower. Below, we dive deep into the intricacies of organizational knowledge and its pivotal role in the modern business practices that shape successful companies. Understanding Organ ..read more

Leading provider of high-quality electronic products, Kora, today announced the launch of an unprecedented 7-day promotional campaign to reward customers with an unbeatable offer. Starting today, customers who purchase one Kora Strom Headset will receive a Kora Stud Bluetooth Speaker for free. Unveiling the Promotion The “Buy 1 Strom, Get 1 Stud Free” promotion is a bold move by Kora to address buyers’ needs while engraving the brand in the heart of the market. This exclusive offer is designed to attract both new and loyal customers by providing them with significant value. “We are thrilled t ..read more

Google has announced plans to build the first subsea cable linking Africa and Australia. Named the Umoja cable, it will connect Western Australia with South Africa, enhancing global and regional digital infrastructure. Key Project Details The Umoja cable will include a terrestrial route from South Africa to Kenya, passing through Uganda, Rwanda, the Democratic Republic of the Congo, Zambia, and Zimbabwe. This section of the project is being developed in collaboration with Liquid Intelligent Technologies. However, specific capacity details and timelines have not been disclosed. Enhancing Conne ..read more

Effective 30th June 2024, MTN Ghana will phase out its scratch cards, originally introduced in 2020. This means that from 1st July 2024, customers will no longer be able to recharge using unused MTN scratch cards. In a statement released on Thursday, May 23, 2024, Chief Sales and Distribution Officer, Samuel Addo, announced that customers can redeem the value of their scratch cards via credit transfer at any MTN Customer Experience Centre. Aligning with Digitalisation and Environmental Goals This initiative is part of MTN’s strategy to lead digital solutions in Ghana and support the Governmen ..read more

The Biden Administration might soon make it more expensive to buy certain electric vehicles (EVs) in the U.S. They’re thinking about doubling the current tariffs on EVs made in China from 25% to 100%. This big increase is important because many electric cars, like those from Polestar and Volvo, are put together in China. Plus, lots of parts that go into other EVs come from there too. If these tariffs go through, it could make the cost of making and buying these cars go up a lot. Why People Love Electric Cars Before diving deeper, let’s remember why people are crazy about EVs in the first ..read more

In rural Africa, where healthcare budgets are often limited and access to medical facilities can be challenging, innovative strategies to reduce medical costs are crucial. Cost-effective healthcare solutions not only improve the availability of medical care but also enhance the quality of life for many communities. This article explores various approaches to reducing healthcare expenses while maintaining or increasing the quality of care in rural African settings. Leveraging Used Medical Equipment One effective way to reduce costs is through the acquisition of used medical equipment. For exam ..read more

On Thursday, May 9th, in Accra, Ghana, the Mastercard Foundation in collaboration with MEST Africa officially kicked off their EdTech Fellowship program. The initiative has selected twelve promising startups aimed at transforming educational technology across Africa. Launch Event Highlights The event was graced by the presence of key figures including Ghana’s Minister of Education, Dr. Yaw Osei Adutwum, who not only discussed the strides being made in Ghana’s education sector but also formally launched the fellowship. Angela Duho, the Program Manager at MEST Africa, shared her excitement abou ..read more

Getting a verified PayPal account in Ghana is really easy with the appropriate steps. Though Ghana is not among the countries that has direct access to PayPal, a verified PayPal account can be created using the PayPal Business account option. If you a freelancer in Ghana or across Africa, PayPal can be reliable platform to receive payment for your services. While there are various alternatives to PayPal available, it remains the preferred choice trusted by numerous online sources. This tutorial will take you through the easy steps to successfully create a verified PayPal account in Ghana. It ..read more