Before fast-food restaurants became common across Ghana, eating outside the home was largely associated with chop bars, hotels, street food sellers and traditional restaurants. Papaye Fast Food helped change that culture. The Ghanaian restaurant brand began operations in Accra in the early 1990s and gradually became one of the country’s best-known names in fast food….
Africa could be on the verge of one of the biggest corporate listings in its history as Dangote Petroleum Refinery prepares for a proposed $5 billion initial public offering (IPO). The planned offering, which is expected to take place on the Nigerian Exchange in October 2026, could become Africa’s largest-ever IPO and give investors an…
With Red Bull generating roughly $12 billion in annual revenue and Monster Beverage Corporation pulling in over $7.5 billion. Together, these two heavyweights form a powerful duopoly controlling over 80% of the worldwide market.Market Share and Duopoly PowerRed Bull: Leads globally with roughly 43% of the market share by volume and sales, selling close to…
Parliament has passed the Energy Sector Levies (Amendment) Bill, 2026, introducing changes to the Energy Sector Levies Act, 2025, aimed at strengthening revenue mobilisation and addressing abuses within the country’s fuel subsidy regime. The amendment increases the Energy Sector Shortfall and Debt Repayment Levy on fuel oil from GH¢0.24 per litre to GH¢1.93 per litre,…
Global energy giant Shell has reported its strongest quarterly financial performance since 2022, posting a net profit of US$9.84 billion for the second quarter of 2026, more than double the earnings recorded during the same period last year and well above market expectations. The impressive results were driven by a combination of higher global oil…
Ghanaians lost nearly GH¢300,000 to online restaurant impersonation scams in the first six months of 2026, as cyber criminals increasingly hijacked Google business listings to trick unsuspecting customers into paying for food that was never delivered. A new alert issued by the Cyber Security Authority (CSA) shows that financial losses from the scam surged to…
