Accra, Ghana//-President Nana Addo Dankwa Akufo-Addo has bemoaned the widespread business failures following the impacts of the Covid 19, which has been worsened by the Russia invasion of Ukraine.
Category: Investing
Idi Amin’s ‘Economic War’ Victimised Uganda’s Africans and Asians Alike
Ugandan President Idi Amin gestures during a speech in 1973. Keystone/HultonArchive/Getty Images Derek R. Peterson, University of Michigan Fifty years ago – in early August 1972 – President Idi Amin summarily decreed the expulsion of Uganda’s “Asian” (that is, Indian and Pakistani) community.
Ghana’s Economic Challenges Largely Fiscal – US based Economist
About 78% of the ¢28 billion financing need by government in the first half of 2022 came from the Bank of Ghana, US based Assistant Professor of Economics at Niagara University, Dr Dennis Nsafoah has revealed.
OSP vs. Labianca, Colonel Damoah Saga Raises Questions About State of Governance in Ghana
Accra, Ghana//-The ongoing public dispute between the Office of the Special Prosecutor (OSP) and Labianca Company Limited (Labianca) raises a number of troubling questions about the state of governance in Ghana today.
What William Ruto’s Presidency Would Mean for Kenya’s Economy
h1 class=”legacy”>What William Ruto’s presidency would mean for Kenya’s economy A briefcase containing Kenya government’s budget estimates for 2022/2023. Photo by SIMON MAINA/AFP via Getty Images Kathleen Klaus, University of San Francisco; Oscar Gakuo Mwangi, National University of Lesotho, and XN Iraki, University of Nairobi William Ruto has been declared the winner of Kenya’s 2022 presidential […]
MTN Group Hosts Ghanaian Investors in South Africa
Johannesburg, South Africa//-MTN Group has hosted Ghanaian investors at its Fairland head office, where they exchanged ideas and discussed the company’s Ambition 2025 strategy: Leading digital solutions for Africa’s progress.
Cost of Borrowing to Shoot Up Significantly As Bank of Ghana Hikes Policy Rate
Accra, Ghana//-In its attempt to arrest the country’s galloping inflation, the Bank of Ghana (BoG) has ended up increasing cost of borrowing following the hike of its policy rate by 300 basis points to 22% from the previous 19%.
Free Fall of the Cedi: BoG holds Emergency Monetary Policy Committee Meeting
The Bank of Ghana (BoG) has announced that it will hold an Emergency Monetary Committee meeting from Wednesday August 17 2022.
50% of Investors Say Inflation Will Remain Above 7% Over Next 18 Months
Half of investors believe that inflation will remain stubbornly high in the next 18 months, despite signs that the surge in consumer prices might have peaked.
Will Angola’s First IPO Open Privatisation Floodgates?
In a major development in Africa’s capital markets, Angola has launched its first IPO, which could lead to a slew of privatisations of some of the country’s biggest conglomerates. Angola could be looking at a stream of listings and capital raisings after Banco BAI, the country’s biggest private bank, successfully completed the country’s first initial […]