Your holiday can earn an extra 8% – even if it’s already paid for

Your holiday can earn an extra 8% - even if it's already paid for

UK holidaymakers face being hit with hundreds of pounds in hidden travel costs this summer due to the ongoing oil crisis in the Middle East. Holiday package providers are legally allowed to charge up to 8 per cent of the total cost of the trip in case of fuel surcharges or taxes, even after the … Read more

Ghana’s economic development opens up new growth opportunities for SMEs

Ghana's economic development opens up new growth opportunities for SMEs

Peter Nii Charway, the CEO of Deloitte Ghana, has confirmed that the improved outlook for Ghana’s economy is creating new opportunities for small and medium enterprises (SMEs) to grow, create and attract investment, after a period of major economic challenges. Speaking during the UK-Ghana Chamber of Commerce (UKGCC) and Deloitte Ghana webinar on “Ghana’s Economic … Read more

Ghana’s economic development opens up new growth opportunities for SMEs

Ghana's economic development opens up new growth opportunities for SMEs

Peter Nii Charway, the CEO of Deloitte Ghana, has confirmed that the improved outlook for Ghana’s economy is creating new opportunities for small and medium enterprises (SMEs) to grow, create and attract investment, after a period of major economic challenges. Speaking during the UK-Ghana Chamber of Commerce (UKGCC) and Deloitte Ghana webinar on “Ghana’s Economic … Read more

Euronews explains: What the Strait of Hormuz crisis means for Europe

European markets open lower as oil prices rise

The military attacks carried out by the United States and Israel against Iran in a joint effort – followed by retaliatory attacks from Tehran on the facilities of the Gulf energy – caused a significant increase in the conflict, resulting in the complete closure of the Strait of Hormuz. ADVERTISING ADVERTISING The waterway is one … Read more

The fastest growing banks in the world are in Africa, but the revenue of $100 billion tells only part of the story.

The fastest growing banks in the world are in Africa, but the revenue of $100 billion tells only part of the story.

But under the headline image there is a more complex reality: strong growth, high profits, however much of the speed is uneven, concentrated, and partly destroyed by currency fluctuations. A new report by McKinsey & Company shows that the banking sector in Africa generated about $99 billion in 2024 and is estimated to reach about … Read more

UK house prices rose sharply in March but the Iran war was expected to cause a fall

UK house prices rose sharply in March but the Iran war was expected to cause a fall

UK house prices rose at their fastest pace in almost 18 months in March, although soaring mortgage rates amid the Iran war may have led to a market downturn, according to Nationwide. The UK’s biggest building society said the average UK house price rose by 0.9% month-on-month in March, the biggest increase since January 2024. … Read more

A storm cloud is gathering over the global financial system

A storm cloud is gathering over the global financial system

Clouds are gathering around the world’s financial markets as the US war against Iran enters its fifth week and oil prices are increasing along with many types of products that depend on oil and gas such as fertilizers. Even before the war, there were growing concerns about the stability of the financial system. This is … Read more

UAE slows Gulf war tensions; raises concerns about India’s exports amid layoffs, wage cuts – The Economic Times

UAE image drops from Gulfwarstress%3BraisesremittanceconcernsforIndiaamidlayoffs%2Cpaycuts

Dubai: The economy of the United Arab Emirates is starting to show the first signs of stress as the Gulf war continues for more than a month, with some cuts in sectors such as hospitality, travel, events and food and beverage (F&B). Companies in these sectors have started to cut jobs, reduce wages and send … Read more

UAE slows Gulf war tensions; raises concerns about India’s exports amid layoffs, wage cuts – The Economic Times

UAE image drops from Gulfwarstress%3BraisesremittanceconcernsforIndiaamidlayoffs%2Cpaycuts

Dubai: The economy of the United Arab Emirates is starting to show the first signs of stress as the Gulf war continues for more than a month, with some cuts in sectors such as hospitality, travel, events and food and beverage (F&B). Companies in these sectors have started to cut jobs, reduce wages and send … Read more