Category archives for: Economy

COVID-19 In Focus: More Economists See Severe Economic Impact

April 9, 2020//-Economists once again downgraded their forecasts for the global economy this week, as economic data—such as PMI readings and U.S. jobless claims—began to reflect the severity of the coming downturn.

COVID-19 Drives Sub-Saharan Africa Toward First Recession in 25 Years

Washington, U.S, April 9, 2020//—Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus (COVID-19) outbreak and is forecast to fall sharply from 2.4% in 2019 to -2.1 to -5.1% in 2020, the first recession in the region over the past 25 years, according to the latest Africa’s Pulse, the World Bank’s twice-yearly […]

Ghana: Akufo-Addo Versus Mahama In COVID-19 Interventions

Accra, Ghana, April 9, 2020//- A document from the opposition National Democratic Congress (NDC) has revealed that its flagbearer John Dramani Mahama’s COVID-19 interventions surpassed those of Ghana’s President Nana Addo Dankwa Akufo-Addo.

COVID-19: Ghana’s Economy to Grow Slowest in 37 Years

Accra, Ghana, April 9, 2020//-As the coronavirus pandemic bites countries around the globe by grinding trade and other productive activities to a halt, Ghana’s economy is expected to experience its slowest growth in about four decades – making it the worst year since the historic 1983 economic retrogression.

45 Out of 47 Member States of the WHO African Region Are Now Affected by COVID-19

Geneva, Switzerland, April 9, 2020//-The coronavirus disease 2019 (COVID-19) outbreak continues to rapidly expand through the African continent, according to WHO African Region.

Ghana: Joshob Construction Donates $100,000 to COVID-19 Trust Fund

Accra, Ghana, April 9, 2020//-Award-winning Ghanaian road contractor, Joshob Construction has donated $100,000 to the government’s COVID-19 Trust Fund.

COVID-19: Firmer Action Needed to Better Protect Consumers

Geneva, Switzerland, April 8, 2020//-The coronavirus pandemic has opened the floodgates of unfair, misleading and abusive business practices, hitting consumers hard and leaving the most vulnerable ones more disadvantaged.

Defending Competition in the Markets During COVID-19

Geneva, Switzerland, April 8, 2020//-Under normal circumstances competition is needed in markets to keep prices low, but with the COVID-19 crisis wreaking havoc on markets the world over, collaboration has taken precedence.

South Africa Records 1845 COVID-19 Cases

Pretoria, South Africa, April 8, 2020/ — As at today, the total number of confirmed COVID-19 cases in South Africa have risen to 1845.

Nigeria Confirms 254 Cases of COVID-19

Abuja, Nigeria, April 8, 2020/ — The Minister of State for Health, Dr. Olorunnimbe Mamora, has confirmed 254 recorded cases of COVID-19 in Nigeria.

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