THE largest-ever outbreak of Ebola could drain billions of dollars from economies in west Africa by the end of next year if the epidemic is not contained, the World Bank said in an analysis on Wednesday.
Category: Economy
Ghana Holds Key Policy Rate On Account Of Weak Growth
THE Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained the policy rate at 19%, citing fiscal pressures and the volatilities in exchange rates, inflation outlook, mixed commodity price movements, and weak global growth.
Ghana Borrows¢2bn Every Month-Opposition Party Claims
Ghana’s largest opposition party-the New Patriotic Party (NPP) is at a lost at which the Mahama-led government is borrowing at a rate of GH¢2billion every month.
Ebola Outbreak: World Bank Allocates $105 Mln To Guinea, Others
THE World Bank Group’s (WBG) Board of Executive Directors today approved a $105 million grant to finance Ebola-containment efforts underway in Guinea, Liberia, and Sierra Leone to help families and communities cope with the economic impact of the Ebola outbreak.
Ghana To Get Financial Assistance From IMF
GHANA’S Deputy Minister of Finance, Mona Quartey has assured that the country’s economic bailout programme with the International Monetary Fund (IMF) would come with some financial assistance.
Doing Business In Sub-Saharan Africa
DOING business in sub-Saharan Africa is a challenge, but those who are undeterred by a business environment that may not be as easy as it may be in other countries could reap high rewards, according to Dr Thomas Höppli, economic research analyst for the South African Institute of Professional Accountants (Saipa).
SABMiller takeover talk lifts JSE
THE local stock market was boosted by news that SABMiller [JSE:SAB], the second-biggest company on the JSE and the world’s second-biggest brewer, is facing a possible takeover bid from the world’s biggest brewer Anheuser-Busch InBev.
Air Seychelles Expands To Madagascar
AIR Seychelles, the national airline of the Republic of Seychelles, has announced the launch of direct flights to Antananarivo, Madagascar, commencing 3 December 2014.
Norway Allocates $10 million To South Sudan
Norway has allocated approximately $10 million to help FAO provide conflict-affected farmers, fishers and herders in South Sudan with critical livelihood support.
Unilever Ghana Unveils 4.4 Million Euros Factory
Unilever Ghana Limited has unveiled a personal care factory and amenities block in Tema as part of efforts to make people look good, feel good and get more out of life.