Category archives for: Economy

Ghana Maintains Key Policy Rate at 16 Percent  

Accra, Ghana, July 19, 2019//-The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained its policy rate 16%, citing waning pass-through from exchange rate depreciation and well-anchored inflation expectations in the country.

Ghana’s Public Debt Now Stands at GH¢200 Billion with Little to Show

Accra, Ghana, July 19, 2019//-Recent figures released by the Bank of Ghana (BoG) revealed that the government has, within a month, added GH¢1.6 billion to the country’s debt stock.

South Africa’s Carbon Tax Matters — for the Economy and Tackling Climate Change

South Africa’s agriculture and food production industries are exempt from the carbon tax – for now. Shutterstock Mmatlou Kalaba, University of Pretoria and Heinrich Bohlmann, University of Pretoria July 19, 2019//-Carbon tax is likely to be an effective way of mitigating greenhouse gas emissions, which lead to climate change and have negative consequences for human […]

Ghana Hopes to Benefit From Hosting Africa’s Free Trade Area Secretariat

Parliament House of Ghana. Shutterstock Adu Owusu Sarkodie, University of Ghana July 19, 2019//-Ghana has been chosen by the African Union (AU) to host the secretariat of the African Continental Free Trade Area. It beat other competing countries including Egypt, Eswatini, Ethiopia, Kenya, Madagascar and Senegal to win the bid. As a free trade area, […]

South African High Commission Marks Mandela Day in Accra

Accra, Ghana, July 18, 2019//-The Government of South Africa through its High Commission in Ghana has commemorated the ‘Nelson Mandela International Day’ with a massive clean up exercise at the Osu Children’s Home in Accra.

AHF to WHO: Ebola Response, Too Little, Too Late!

Kampala, Uganda, July 18, 2019//- The World Health Organization (WHO) has finally declared a Public Health Emergency of International Concern (PHEIC) in the Democratic Republic of the Congo on July 17 as a long overdue acknowledgement that the current Ebola outbreak remains uncontained and still poses a significant threat to global health security.

How Chamber For Tourism Industry Ghana Hopes to Revitalize Tourism

Accra, Ghana, July 18, 2019//-Ghana’s quest of revitalizing its tourism industry within the short-term has given a major boost following the setting up of a chamber.

Report: Africans Twice as Likely to be Denied a UK Visa

July 18, 2019//-Africans are twice as likely to be denied UK visas than applicants from any other part of the world, a report by the All-Party Parliamentary Groups (APPG) for Africa shows.

Young Nigerian Lawyer Appointed Chairwoman of French Start-up

Lagos, Nigeria, July 18, 2019/ — The French start-up kwik announced today that Olatowun Candide-Johnson, a Nigerian lawyer and businesswoman, has officially been appointed Chairwoman of its supervisory board. 

Rebalancing the Global Economy: Some Progress but Challenges Ahead

July 18, 2019//-Following the global financial crisis, overall current account surpluses and deficits fell sharply from about 6 percent of global GDP in 2007 to about 3.5 percent in 2013. 

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