GHANA’S Minister of Trade and Industry, Dr. Ekow Spio-Gabrah has warned that the move to drive out foreigners engaged in petty trading may have a negative impact on the country’s economy.
UNCTAD Makes Policy Recommendations To Leverage FDI
THE potential positive impact of foreign investment on women’s empowerment through the creation of formal employment and business linkages is considerable, but the operations of transnational corporations (TNCs) also risk increasing women’s vulnerability in the workplace or exacerbating gender inequality, a new UNCTAD report has found.
UNCTAD Calls For Investment In Climate Change Adaptation
A lack of investment and an absence of coordinated leadership to address critical financing needs in developing countries could threaten efforts to reduce poverty and tackle issues such as climate change, concluded a meeting of high-level government authorities, global CEOs and thought leaders at this year’s UNCTAD World Investment Forum in Geneva on 14 October.
IMF Clarifies Difference In Ghana’s Debt-To-GDP Figures
THE International Monetary Fund (IMF) has jumped to the aid of Bank of Ghana after several media reports accused the Central Bank of manipulating Debt-to-GDP figures it submitted to the Bretton Woods institution.
Finance Min Leads Ghana Team To IMF/World Bank Annual Meetings
GHANA’S Minister of Finance, Seth Terkper, is leading a Government delegation to the IMF/World Bank Annual Meetings to be held in Washington from October 10-12, 2014.
Mortgage Firm Unveils Instant Cash Loan Facility
By Mohammed Awal GHANA Home Loans (GHL), a mortgage finance institution has introduced a new product line, ‘Quick Cash’ aimed at providing Ghanaians the chance to access instant cash with little or no effort.
Ghana Borrows¢2bn Every Month-Opposition Party Claims
Ghana’s largest opposition party-the New Patriotic Party (NPP) is at a lost at which the Mahama-led government is borrowing at a rate of GH¢2billion every month.
Ebola Outbreak: World Bank Allocates $105 Mln To Guinea, Others
THE World Bank Group’s (WBG) Board of Executive Directors today approved a $105 million grant to finance Ebola-containment efforts underway in Guinea, Liberia, and Sierra Leone to help families and communities cope with the economic impact of the Ebola outbreak.
Ghana To Get Financial Assistance From IMF
GHANA’S Deputy Minister of Finance, Mona Quartey has assured that the country’s economic bailout programme with the International Monetary Fund (IMF) would come with some financial assistance.
Doing Business In Sub-Saharan Africa
DOING business in sub-Saharan Africa is a challenge, but those who are undeterred by a business environment that may not be as easy as it may be in other countries could reap high rewards, according to Dr Thomas Höppli, economic research analyst for the South African Institute of Professional Accountants (Saipa).