Accra, Ghana, October 15, 2020//-The acting Auditor-General, Mr Johnson Akuamoah Asiedu has revealed that over GH¢3 billion has been identified as the overall financial impact of irregularities in the course of an audit.
Category: Investing
Fiscal Policy For An Unprecedented Crisis
October 14, 2020//-The COVID-19 crisis has devastated people’s lives, jobs, and businesses. Governments have taken forceful measures to cushion the blow, totaling a staggering $12 trillion globally.
IMF Forecasts ‘Deep Recession’ in 2020
Washington DC, US, October 13, 2020//-The International Monetary Fund (IMF) is projecting a deep recession in 2020 with global growth projected to be -4.4% in its latest update to the World Economic Outlook forecast, IMF chief economist Gita Gopinath says.
A Long, Uneven and Uncertain Ascent
October 13, 2020//-The COVID-19 pandemic continues to spread with over 1 million lives tragically lost so far. Living with the novel coronavirus has been a challenge like no other, but the world is adapting.
Why More Women, Youth Are Setting Up Enterprises
October 13, 2020//-Women have by far surpassed men in terms of investment in small businesses during the past seven months, data released by a local firm indicates.
Major Recessionary Economies Expected to Grow at a Modest Pace in 2021
October 12, 2020//-As major economies are pushed into recession due to the impact of the COVID-19 pandemic, the global economy is forecasted to contract by 3.9% in 2020, according to GlobalData, a leading data and analytics company.
Snapshot: Carriage Of Goods By Sea In Ghana
October 12, 2020//-Generally, title in the ship passes from the shipbuilder to the shipowner whenever the parties intend it to.
Morocco: The Most Reliable Ally and Partner For West African Countries
October 8, 2020//-The Kingdom of Morocco’s bilateral relations with West African countries are not of recent origin.
Economic Downturn in Sub-Saharan Africa: World Bank Outlines Key Polices Needed for Recovery
Washington, US, October 8, 2020—Driven by the economic fallout of the COVID-19 global pandemic, growth in Sub-Saharan Africa is predicted to fall to -3.3 percent in 2020, pushing the region into its first recession in 25 years, according to the latest regional economic analysis Africa’s Pulse: Charting the Road to Recovery.
Bloomberg Media Initiative Africa Provides Financial Boost to Media Organizations
Lagos, Nigeria, October 6, 2020// – The Bloomberg Media Initiative Africa (BMIA) and the Ford Foundation have awarded their latest round of funding to strengthen community media on the continent.