The acceleration of a new Cold War has been drastically ramped-up by China’s president Xi Jinping on Sunday and investors need to take note, says the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations.
Category: Investing
Recent Developments and Outlook: Another Challenging Year-IMF Africa Outlook
Sub-Saharan Africa’s recovery has been sharply interrupted. Last year, activity in sub-Saharan Africa finally bounced back, bringing GDP growth in 2021 up to 4.7 percent.
IMF Africa Boss: We’ll Fast Track Economic Support Programme for Ghana
The International Monetary Fund (IMF) has assured that it will fast track processes with the Government of Ghana to provide support for the country through an economic programme.
Nigeria’s Debt: More of an Accountability Crisis Than Economically Induced Issues
Washington DC, US//-The Public Finance integrity in Nigeria is probably at its lowest state. The debt profile has defiled all economic prudence frameworks that exist in the laws.
Mahama Calls for ‘Big’ US Investment in Africa After ‘Slavery’
Washington DC, US//-Former Ghanaian President John Dramani Mahama is advocating a Marshall Plan for Africa to enable the continent to become a force to reckon with when it comes to trade and development.
Game Branch at Accra Mall Shut Down over E-VAT Invoicing System
Accra, Ghana//-The Ghana Revenue Authority (GRA) has shut down the Game shopping centre in Accra Mall over non-compliance with the E-VAT Invoicing system.
Ghana’s Debt to GDP to Hit 90.7% by End of 2022, IMF Forecasts
Washington DC, US//-The International Monetary Fund (IMF) has projected that Ghana will end the year with a Debt-to-GDP of 90.7%.
Ghana: Inflation Still On the Rise Despite BoG Intervention
Accra, Ghana//-Ghana’s year-on-year inflation shot up by 3.3% to 37.2% in the month of September 2022 against 33.9% recorded in August 2022, the Ghana Statistical Service (GSS) has revealed.
GRA Shuts Down 4 Branches of Palace Mall in Accra for Non-compliance with E-VAT Invoicing
Accra, Ghana//-Officials of the Ghana Revenue Authority (GRA) have shut down four branches of the Palace Mall on Tuesday, October 11, 2022.
Ghana and the IMF: Debt Restructuring Must Go Hand-in-hand with Managing Finances Better
Ghana is engaging the IMF over a bailout. Wikimedia Commons Theophilus Acheampong, University of Aberdeen Ghana is struggling with managing its debt, 20-year high inflation, a weak currency, and rising inequality.