December 22, 2017//-The IMF on Friday said that in spite of Nigeria exiting the recession, the economy of the country was still vulnerable.
Category: Investing
IMF Approves $101.1 Million Tranche to Gabon
Washington D.C., United States of America, December 22, 2017/ –The Executive Board of the International Monetary Fund (IMF) completed the first review of Gabon’s economic program supported by the three-year extended arrangement under the Extended Fund Facility.
World Bank Boosts Ghana’s Economy with $200 Million Credit
Washington, December 21, 2017—The World Bank approved today a $200 million International Development Association (IDA)* credit to support Ghana in strengthening its institutions, improving competitiveness for job creation, and maintaining social safety nets to protect the poor and vulnerable.
Ghana Ends Year with 9.3% Growth
Accra, December 20, 2017//-Figures from the Ghana Statistical Service (GSS) indicated that Ghana’s economy has recorded a 9.3 percent growth rate in the third quarter of the year 2017 as against 4.6 percent same quarter last year.
Africa’s Mounting Debt Crisis Will Worsen If US and Europe’s Economies Improve
December 19, 2017//-Addis Ababa is home to the African Union, the UN’s Economic Commission for Africa (UNECA), and is capital city for one of the continent’s fastest-growing economies.
Osinbajo: Nigerian Workers Grossly Underpaid
Abuja, Nigeria, December 19, 2017// – The hope of Nigerian workers seeking a raise in the national minimum wage were raised on Monday, when the Vice President, Yemi Osinbajo, admitted that they are being underpaid.
Payroll Compliance High on East African Tax Authorities’ Agenda
Lagos, Nigeria, December 18, 2017/ — The Pay As You Earn (PAYE) tax year-end is looming in most East African territories, and governments are clamping down on non-compliance among businesses and individual taxpayers as they strive to raise more funding for public spending.
How Africa Can Overcome Being Marginalised in the Global Economy
December 16, 2017//-One of the challenges facing African countries is that the global environment is rather unfriendly. This hampers their efforts to gainfully tap into global markets.
High and Handsome?
December 15, 2017//-Here is a riddle: what does the price of a building have to do with foreign direct investment?
How DR Congo Lost Control of the Fabric of its Culture and Economy
December 15, 2017//-Positioning a stand at the entrance to one of Lubumbashi’s largest breweries is part entrepreneurial savvy, part defiance by Mwehu Kashala.