The combination of debt and equity that a business employs to finance its operations is referred to as financial structure. The risk and worth of the related business are directly impacted by...
Definition A leverage ratio is a financial metric that evaluates the amount of capital that comes from debt (loans) or evaluates a company's capacity to satisfy its financial oblig...
Africa's e-Commerce platform, Jumia, has announced that it has laid off 20% of its workforce, approximately 900 employees. This is the latest from the layoff report among the big companies, and they d...
Airtel Africa started the new month with a juicy deal – a $100 million investment from Mastercard to boost its mobile money business. Only two weeks ago, the African telecom giant received $200 in i...
An oil-producing country like the State of Kuwait should be among the top countries you should tick on your list when looking for a country to invest in. Despite Kuwait being situated in Western...
There are many successful businesses that are represented on the Nigerian Stock Exchange, which makes the Nigerian stock market one of the most active and robust on the African continent. As an i...
Microchip technology is a critical component of the modern world, powering devices and systems that we use every day. However, while the technology has become ubiquitous in many parts of the worl...
The Ghanaian government has decided to cancel the 5 percent capital gain tax formerly imposed on all profits by investors on the capital market as stipulated in the government's 2021 budget statement....
Renowned Nigerian billionaire, Femi Otedola, recently divests shares from Geregu Plc, a company he holds a majority stake in. The transaction details, disclosed on the NGX, indicate that Otedola sold ...
FCMB Group Plc recently announced a 108% year-on-year (YoY) growth in profit before tax (PBT), which accounted for N55.1 billion for the first nine months, which ended September 30, 2023, when compare...