November 10, 2020//-The size of the American economy, the dominance of US companies and the power of the dollar mean the results of the US election race are set to reverberate throughout the world. But what does a Trump or Biden win mean for Africa?
Category: Investing
Biden Victory Heralds Boom Time for ESG Investing
November 9, 2020//-Joe Biden’s administration will usher in an unprecedented boom for Environmental, Social and Governance (ESG) investments, affirms the CEO of one of the world’s largest independent financial advisory organisations.
Disputed Election: What Does it Mean for FDI?
November 6, 2020//-The US election is neck-and-neck as the country wakes up after a tumultuous election night and due to state laws regarding vote counting, the result of one of the biggest electorate turnouts in a hundred years will be hanging in the balance for a little while yet.
Prof Gatsi: Don’t Blame Ghana’s Current High Debt Burden on Previous Gov’t
Accra, Ghana, November 4, 2020//-An economist has asked the managers of the Ghanaian economy not to blame the country’s current high debt burden on the previous government.
The Crisis is Not Over, Keep Spending (Wisely)
November 2, 2020//-The pandemic-induced economic crisis is set to leave deep scars. Human capital erosion from prolonged high unemployment and school closures, value destruction from bankruptcies, and constraints on future fiscal policy from elevated public debt top the list.
Ghana: Bono East Minister In Trouble As Savings & Loans Firm Sues Him Over Debt
Accra, Ghana, November 2, 2020//-ABII NATIONAL SAVINGS & LOANS LTD has filed a writ at the Accra High Court against the Bono East Regional Minister, Kofi Amoakohene in a bid to recover a debt of GHC866, 580.76. Lawyers of ABBI national, Adamafio and Associates from Afroso Chambers said the writ number CM/BFS/00862021 was filed on […]
Zambia-China Debt Deal “Worsens Crisis”
October 30, 2020//-The lack of transparency in a deal reached between Zambia’s debt-laden government and the China Development Bank (CDB) is making Zambia’s debt crisis worse, says the head of a China-Africa think-tank.
Chaotic Contested U.S Presidential Election? Investors Should Prepare Now!
October 30, 2020//-Investors should be expecting and preparing for significant market volatility in the event of a disputed outcome of the U.S presidential election in five days’ time, warns the CEO of one of the world’s largest independent financial advisory and fintech organisations.
COVID-19: Remittance Flows to Shrink 14% by 2021
Washington, U.S//-October 29, 2020 — As the COVID-19 pandemic and economic crisis continues to spread, the amount of money migrant workers send home is projected to decline 14 percent by 2021 compared to the pre COVID-19 levels in 2019, according to the latest estimates published in the World Bank’s Migration and Development Brief.
The Big Public Debt Debate: A Historical Analysis of Ghana’s Public Debt & Fiscal Deficits From (2001-2020)
October 29, 2020//-Ghana’s social media and political space have been pre-occupied with the ‘age-old’ debate on public debt and which of the two political parties, namely the NPP and NDC, left the biggest hole in the country’s public finances.