ETIHAD Airways, the national airline of the United Arab Emirates has expanded its African route network with the launch of a daily service to Dar es Salaam, the largest city in Tanzania.
Category: Economy
Why Graduate Trainees Are Often A Company’s Biggest Brains
LAST week I talked to a graduate who had just started working for one of the most prestigious employers in the world. How’s it going, I asked him.
Tax Agency Closed Down Africa Automobile
THE Ghana Revenue Authority (GRA) on Thursday locked up the offices of Africa Automobile company, a leading retailer of Hyundai vehicles for non-payment of taxes. This follows the company’s indebtedness to the GRA to the tune of GHC6 million of Value Added Tax (VAT) which accrued for over two years. Officials of the GRA said […]
Worldwatch Institute Raises Red Flags
WORLDWATCH Institute, a US-based independent research organization that works on energy, resource, and environmental issues says positive global change can only be achieved if the social, economic, and environmental dimensions are fully addressed.
Ebola Could Drain Billlions From West Africa
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.
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).