Business News

Business News

Massive IT Outage Sparks Chaos in Airlines, Banks, and Hospitals

A major global IT outage has caused widespread disruptions across various industries, affecting travel, finance, healthcare, and more. The outage, which began yesterday, has grounded flights, halted bank operations, and disrupted business activities worldwide. Key Impacts: The cause of the outage has been traced to a faulty update from cybersecurity firm […]

Business News

Hotel Owners Worried as Airbnb Usage Surges in Ghana

The hotel industry in Ghana is facing a crisis as the number of tourists opting for foreign accommodation units, particularly Airbnb, continues to rise. But what is Airbnb? Simply put, Airbnb is a online platform that allows individuals to rent out their properties, such as apartments, houses, villas, or even […]

Business News

ECIC Cautious on Ghana Investments Amid Economic Volatility

The Export Credit Insurance Corporation of South Africa (ECIC) has sounded a note of caution regarding investments in Ghana due to the country’s economic volatility. Despite being involved in significant projects such as the Send Power project and the Rural Electrification Project, ECIC is taking a cautious approach, emphasizing the […]