THE Institute of Economic Affairs (IEA), Ghana a leading Accra-based economic and governance think-tank has warned the Mahama-led government against reckless spending particularly in the upcoming 2016 elections.
Category: Economy
CFAO Unveils Club Of Brands In Africa
CFAO, a leading front-ranking specialised distributor and preferred partner of major international brands has announced the creation of its club of brands, a network of international brands wishing to support the rise of the African middle class.
Fiscal Consolidation Plans Support Senegal’s Credit Profile
SENEGAL’S economy is constrained by its vulnerability to shocks, the government’s issuer rating (B1, positive) is supported by solid growth prospects and further fiscal consolidation plans, says Moody’s Investors Service in its annual Senegal Credit Analysis, published today.
Databank’s Analysis: 2015 Budget Points To ‘Significant Austerity Measures’
GHANA’S budget statement for 2015 reveals the GoG’s intention to employ significant austerity measures aimed at achieving a front-loaded adjustment in the fiscal deficit.
Nigeria: Currency instability could raise Election Stakes
NIGERIA’S embattled currency, the Naira, has continued to slide on the back of low oil prices, closing at record intra-day lows against the dollar, even as the central bank intervenes.
US$1 Billion Eurobond Missing In 2015 Budget
A renowned Ghanaian economist, Dr Mahamudu Bawumia has asked the government to account for the $1billion Eurobond it issued recently.
Ghana Dissolves Narcotics Agency Governing Board
THE governing board of the Narcotics Control Board (NACOB), Ghana’s anti-drug agency, has been dissolved, according to a statement issued by the government.
Abraaj Group Founder Appointed To Global Board Of INTERPOL
INTERPOL Foundation for a Safer World has announced the appointment of Arif Naqvi, Founder and Group Chief Executive of The Abraaj Group, to its global Board of Trustees.
Philips AVENT Ends 30Th Anniversary With Baby Awards
PHILIPS AVENT , a subsidiary of Philips Royal has drawn down the curtains of its month-long 30th anniversary celebrations with the awards of the winners of the maiden Baby of the Year Competition.
UNCTAD Report: World Seaborne Trade Grows By 3.8%
THE UNCTAD’s Review Maritime Transport 2014 report indicates that world seaborne shipments grew by an average of just 3.8 per cent in 2013, taking total volumes to nearly 9.6 billion tonnes.