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By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS ( NADN ), Freetown, Sierra Leone- AngloGold Ashanti Limited has sold its own remaining South African properties to Harmony Gold Mining Company, as the corporation quits the gold industry that established as Africa’s biggest economy. Harmony will amass the Mponeng mine and ground assets for about US $300 million, according to Johannesburg based on Wednesday, February, 12th 2020 that’s tinier than half the book importance of the assets, according to Harmony, which will become South Africa’s number one gold producer. The contract captions the duct from South Africa of AngloGold – a company that arose from a mining empire invented by Ernest Oppenheimer a century back. Heretofore, adopting the helm in September 2018, Chief Executive...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Celebrated investment moneybags, multinational speaker, columnist and career tycoon – Vusi Thembekwayo will be in Uganda from 4th to 7th March of 2020 for a sequel of deluxe betrothals with Uganda’s business institution. Vusi, who is being hosted by Capital One Group – a marketing communications agency operating in Uganda and Kenya, will talk to the business community in two sessions; ‘Breakfast With Vusi’ to be held at Kampala Serena hotel and ‘Cocktails With Vusi’ which will be held at Naguru Skyz Hotel. Paul Mwirigi Muriungi – Capital One Group’s Managing Director, illustrated fervor at this once in a lifetime relief for Ugandan corporates and entrepreneurs saying, “We are proud to host Vusi...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Tony O. Elumelu remembers and greeted the African Development Bank and AfDB President Akinwumi Adesina on their commitment to African entrepreneurship, with the allotment of $2.5 million seed capital to the AfDB-sponsored beneficiaries of the 2019 TEF Entrepreneurship Programme. The money was disclosed on Monday, February 10th, 2020 with the remnant predicted to be expended to the entrepreneurs in Q12020. The AfDB commitment follows the recent $8.5 million distributions from the United Nations Development Programme to 2,648 entrepreneurs in the Sahel region and Africa more sizably and further expedited the economic grant generated by the Tony Elumelu Foundation. In 2019, the Foundation relatively improved the...

By Richard Adorsu- NEW AFRICA DAILY NEWS, Accra, Ghana- The Bank of Ghana has been recognized by the Central Banking Awards as the Central Bank of the Year following series of reforms it implemented over the past couple of years to strengthen the financial sector. The awards, which will be held on March 19, 2020, in Brussels, Belgium, said the bank had an impressive record of achievement, but the most notable, is its reform of a seriously undercapitalized and poorly managed banking sector. By this award, the Bank of Ghana takes over from the Monetary Authority of Singapore (MAS) which was the overall winner last year. “The central bank has dealt with this complex set of risks, which could have caused serious damage to the country’s economy,” the Central Banking Awards said...