September 29, 2018//-The devaluation of the Turkish lira has sparked fears of contagion in emerging and frontier markets. Gaimin Nonyane, Ecobank’s Head of Economic Research, spells out the risks for African Business.
Category: Investing
Chinese Influence Grows as US Flounders in Africa
September 29, 2018//-As the unfolding tariff war between the US and China looms ever larger, Africa finds itself in a bind as the world’s greatest superpowers vie for trade supremacy.
African Passport: Free Movement of Persons In Africa
September 29, 2018//-Agenda 2063, which is the blueprint and master plan for transforming Africa into the global powerhouse of the future, is founded on the African Union (AU) Vision of “An Integrated, prosperous, and peaceful Africa, driven by its own citizens and representing a dynamic force in the International arena.”
CDD-Ghana Urges Gov’t to Pass the Right to Information Bill Now
Accra, Ghana, September 28, 2018//-In celebrating the 2018 International Day of Universal Access to information, Ghana Center for Democratic Development (CDD-Ghana) has called on the government to pass the Right to Information Bill into law.
Ghana: Centre for Socioeconomic Studies Warns Gov’t Over Rebasing
Accra, Ghana, September 27, 2018//-The Centre for Socioeconomic Studies (CSS) has warned government that the rebasing of the Ghanaian economy should not be used as impetus for increased borrowing in the country.
UNCTAD: Trade Wars Are Symptom of Deeper Economic Malaise
Geneva, Switzerland, September 27, 2018//-The world economy remains on shaky ground a decade after the 2008 financial crisis, with trade wars a symptom of a deeper malaise, according to the UNCTAD publication, Trade and Development Report 2018: Power, Platforms and the Free Trade Delusion.
Melania Trump to visit Ghana, Malawi, Kenya and Egypt
September 27, 2018//-The US First Lady Melania Trump has announced that she will be visiting Ghana, Malawi, Kenya and Egypt on her solo tour of the continent in October.
Uhuru to Leave Kenyans with $70bn Debt at End of his Term
September 27, 2018//-Kenya’s President Uhuru Kenyatta will accumulate nearly Sh2.13 trillion more in public debt by the time his final term ends in August 2022, Treasury projections show, signalling increased pressure on taxpayers’ funds.
The Risks of a New Cold War Between the US and China are Real: Here’s Why
The US and China find it extremely difficult to see the world from the other’s perspective. AAP/EPA/Roman Pilipey Nick Bisley, La Trobe University Donald Trump is making good on his trade war rhetoric with China, announcing tariffs on a further US$200 billion worth of goods from the PRC. As China promises retaliation, the warmth of […]
Global Economic Growth to Slow in 2019 Due to Rising Trade Tensions
September 26, 2018//-Although global economic growth will remain resilient this year mainly due to an outstanding half first (H1) 2018 performance, dark clouds have begun to swell above the global economy, according to FocusEconomics, a leading provider of economic analysis and forecasts for 127 countries in Africa, Asia, Europe and the Americas.