The World Bank Group’s Global Economic Prospects (GEP) report says developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger U.S. economy, continued low global interest rates, and receding domestic headwinds in several large emerging markets.
Category: Economy
Commercial Drivers To Be Sanctioned For Refusing To reduce Fares
The Ghana Private Road Transport Union (GPRTU) says it would sanction commercial drivers who have refused to reduce transport fares by the agreed 5 percent.
Brisk Business Activities Yet To Pick Up In Accra
Business activities at the Central Business Districts in Accra are yet to pick up days after a break from the Christmas festivities.
Domestic Airlines Suspend Operations In Ghana
The Ghana Civil Aviation Authority (GCAA) has directed all domestic airlines to halt flight operations to Tamale, the Northern regional capital.
Helios Raises Africa’s First $1 Billion +Private Equity Fund
Helios Investment Partners, a London-based group founded almost a decade ago by Nigerian born deal makers has raised Africa’s first $1 billion plus private equity fund.
Revenue Authority Targets GH¢ 21.98 billion in 2015
The Ghana Revenue Authority has said it is focused on meeting its tax revenue target of GH¢21.98 billion in 2015.
Actis Prepares For $1 Billion Sale of Actom
Actis LLP, a U.K.-based private-equity firm, is preparing to sell its stake in South Africa’s Actom Pty Ltd. in a deal that could value the business at more than $1 billion, two people with knowledge of the matter said.
Metro Mass Workers Call Off Strike
Staff of Metro Mass Transport Limited (MMT), a government-run transportation company, have suspended their indefinite strike across the country.
Ghana To Launch Youth Policy Implementation Plan
Ghana’s President John Mahama is expected to launch a strategy framework to guide and direct the efforts of all stakeholders towards youth empowerment in Ghana on Thursday, January 15, 2015.
‘Ghanaians Paying Dearly For Economic Mismanagement ‘
After six years in office, Ghanaians are now being asked to pay dearly for the economic mismanagement and corruption of the ruling government, resulting in economic decline, debt unsustainability, unemployment and rising cost of living in the country.











