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Commonwealth News

Solomon Islands push for USD$100 carbon levy on international shipping

Solomon Islands push for USD$100 carbon levy on international shipping

Asia joins the Pacific to push International Maritime Organization (IMO) to decarbonise international shipping by 2050 and introduce a USD$100 carbon levy on shipping companies by 2025. Proposals by Solomon Islands, Kiribati and the Republic of Marshall received a...

Antigua, Tuvalu to seek justice over climate change damage

Antigua, Tuvalu to seek justice over climate change damage

The Prime Ministers of Antigua and Barbuda, Gaston Browne and Tuvalu's Kausea Natano signs a historic accord allowing for litigation for any severe damage to the Small Island States caused by climate change before international courts. The agreement will establish a...

Ghana is the best investment destination in West Africa

Ghana is the best investment destination in West Africa

Rand Merchant Bank's latest report states Ghana as the best West African country for investments. Ghana outperformed neighbours like Nigeria, Cote d’Ivoire and Senegal and managed to avoid recession in 2020. It also recorded a growth of 0.4% where construction,...

Crypto founders top young Australian rich list

Crypto founders top young Australian rich list

Australian Financial Review releases a list of 87 richest entrepreneurs of the Commonwealth of Australia aged 40 and under. In this list, seven are crypto founders, each of which boasts a net worth of atleast $26.9 million. Kain Warwick, the founder of derivatives...