Nairobi, Kenya//-Leather Apex, an Umbrella Organisation of Kenya’s Leather Associations Across the Value Chain Working to Enhance the Global Competitiveness of Kenya’s Leather and leather Products, lauds the bold recommendation by the Ministry of Investments, Trade and Industry calling for the ban of increase import duty to 50% on imported shoes into Kenya.
Accra, Ghana// — IFC today announced a partnership with Sunda Group to help the company ramp up the production of home care and personal care products in five African countries, helping expand Africa’s manufacturing sector and creating thousands of direct and indirect jobs.
Kenya Lamu Port Project. Seth Schindler, University of Manchester and Tom Gillespie, University of Manchester The African Union’s flagship Agenda 2063 initiative prioritises large-scale infrastructure development and promises to “link the continent by rail, road, sea and air”.
The retail industry is poised for growth in 2023, even as soaring inflation, supply chain disruptions, and interest rate hikes pose challenges. As a result, the global top 25 retailers by market capitalization (MCap) witnessed an 8% growth in their cumulative valuation in Q1 2023, finds GlobalData, a leading data and analytics company.
Shutterstock Niamh Gaynor, Dublin City University Economists have urged African countries to shift to low-cost manufacturing – the path that led countries such as Hong Kong, Singapore, South Korea and Taiwan – to industrial prosperity.
Accra, Ghana//-Ghana’s founding fathers led by Dr Kwame Nkrumah who fought for the liberation of the country from British rule on 6th March 1957 would have been the saddest men if they were alive today.
The CEO of Quick Angels Limited (QAL), Richard Nii Armah Quaye has advised businesses to adopt new strategies and innovation for businesses to thrive in the coming years.
Accra, Ghana//-Ghanaians’ consumption of foreign goods against the local ones is having a negative impact on the economy.
Accra, Ghana//-The price of cement surge above ¢80 per a 50 kilogram bag as inputs costs of the manufacturers rise.
Inflation in some economies is rising at the fastest pace in four decades, while tight labor markets have boosted pay gains. That has raised concerns that these conditions could become self-reinforcing and lead to a wage-price spiral—a prolonged loop in which inflation leads to higher wage growth, fueling even higher inflation.
