Category: Manufacturing

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.

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.

Ahmedabad, India//-The Adani Family, through Endeavour Trade and Investment Ltd (BidCo), a special purpose vehicle, has successfully completed the acquisition of Ambuja Cements Ltd and ACC Ltd. The transaction involved the acquisition of Holcim’s stake in Ambuja and ACC along with an open offer in both entities as per SEBI Regulations.

Ghana’s Minister of Trade and Industry, Alan Kyerematen signed a Memorandum of Understanding (MoU) with Toyota Tsusho Corporation to continue to develop mutual collaboration for contribution to the Ghanaian automotive industrialisation sector, economy and society.

Over the last month, the Ghana Cedi has seen significant depreciation against most major currencies.

Accra, Ghana//-Cement prices are expected to be increased from next week.