East Asian countries have looked up to Japan as a model of success. Mills Soko, University of the Witwatersrand July 28, 2020//-The remarkable economic transformation of Asia in recent decades has attracted global attention. It has ignited scholarly and policy debates about the region’s development models and strategies.
Category: Investing
World Bank Report: Trade Pact Could Boost Africa’s Income by $450 Billion
Washington, U.S, July 27, 2020//—The African Continental Free Trade Area (AfCFTA) represents a major opportunity for countries to boost growth, reduce poverty, and broaden economic inclusion, a new World Bank report has found.
Bitcoin Price to Surge in Tandem with Gold on U.S-China Tensions
London, UK, July 27, 2020//-Bitcoin is set to surge this week, securing its safe-haven status as U.S. –China tensions escalate, affirmed the CEO of one of the world’s largest independent financial advisory and fintech organizations.
After COVID-19, Will Africa Catch Up, Stand Still or Fall Further Behind?
Abidjan, Ivory Coast, July 27, 2020/ — At one time or another, nations and individuals confront crisis points – moments of existential challenge that also open up new possibilities.
African Dev’t Bank Gives $69 Million to Ghana for COVID-19 Fight
Abidjan, Ivory Coast, July 26, 2020/ — The Board of Directors of the African Development Fund (ADF) on Friday approved a $69 million grant to support Ghana’s efforts to tackle the COVID-19 pandemic and mitigate its socio-economic impact on the nation.
Voodoo Budget Of A Desperate Government
Accra, Ghana, July 24, 2020//-The Caucus for Democratic Governance, Ghana (GH-Gh), on the basis of what the Minister of Finance read last Thursday in Parliament, can only conclude that the Mid Year Review Budget projects a contracting economy, characterized by budget deficit and negative growth.
Ghana: ‘Disturbing’ Mid-year Budget Geared Towards Elections
July 24, 2020//-The Member of Parliament for Yapei Kusawgu, John Jinapor, has slammed the government after its mid-year budget review, which he described has dishonest and “exceedingly disturbing.”
Entrepreneurs Take the Wheel in Africa’s Development
July 24, 2020//-Entrepreneurs were once thought of as being low on the business ladder, but their essential role in building Africa’s economies is now widely recognised.
A Fishy Business: Shifting Profits Out of Africa
July 23, 2020//-Leaked documents and an affidavit from a whistleblower working at a major Western fishing company operating in African waters have given rare insight into how food multinationals can shift profits around the world to avoid paying taxes in developing countries.
South Africans Should Accept that the IMF is Neither Their Worst Enemy Nor Saviour
Danny Bradlow, University of Pretoria July 23, 2020//-The South African government has asked the International Monetary Fund (IMF) for $4.2 billion.