Moody’s has downgraded the Government of Ghana’s long-term issuer ratings to Ca from Caa2 or further junk status and changed the outlook to stable.
Category: Economy
World Banana Forum, Afruibana Discuss Banana Value Chain Issues
Paris, France//- The World Banana Forum (WBF) in collaboration with Afruibana, the first African Regional Commission brought together key players in the African banana industry to lay the foundation for a fruitful dialogue across the value chain on the issues of shared responsibility and duty of care.
Ghana: ‘2023 Budget Would Restore Macroeconomic Stability’
Accra, Ghana//-Ghana’s government is confident that the country’s 2023 would re-set the economy and restore macroeconomic stability.
Industrialisation Is The Best Import Substitution
Accra, Ghana//-According to Britannica (2022), industrialisation in history refers to the process of change from an agrarian and handicraft economy to one dominated by industry and machine manufacturing.
Bright Simons: Ghana’s 2023 Budget: A Missed Opportunity
The leadup to Ghana’s budget presentation was filled with political drama and outsized investor expectations.
Ghana’s Benedicta Lasi Becomes First African Secretary General of Socialist International
Accra, Ghana//-Ghana’s Benedicta Lasi, a lawyer and notable member of the National Democratic Congress (NDC), has been elected Secretary General of the Socialist International (SI), to succeed Luis Ayala from Chile during a consequential vote at the ongoing 26th Congress of the Socialist International (2022).
Class FM Revives ‘Operation Feed Yourself’, Urges Ghanaians to Farm for Food
Accra, Ghana//-In 2020, food insecurity worsened in Ghana, according to the 2020 Comprehensive Food Security and Vulnerability Analysis (CFSVA).
Ghana: Privatising Saglemi Defeats the Idea of Affordable Housing; Decision Bad –Civil Engineer
Accra, Ghana//-Civil Engineer Abdulai Mahama has bemoaned government’s decision to sell off the abandoned Saglemi Housing project.
Report Finds That 37 African Countries Have industrialised in Last Decade
Abidjan, Ivory Coast//-Thirty-seven of 52 African countries have become more industrialised over the past eleven years, according to a new report from the African Development Bank, the African Union and the United Nations Industrial Development Organization (UNIDO).
US Dollar is Getting Stronger: African Countries Are Feeling the Pain and Have Few Policy Options
Shutterstock Jonathan Munemo, Salisbury University The US dollar has been advancing rapidly in response to the Federal Reserve’s resolve to keep raising policy rates for longer to regain control of stubbornly high inflation.