Sunday, September 22, 2024
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Economy

IMF says Ghana’s GDP growth will hit 7% in 2019

The International Monetary Fund on Thursday said on Thursday that Ghana’s economic growth is expected to rise to around 7% this year. That increase from...

Zimbabwe’s anti-sanctions campaign divides opinions

Zimbabwe’s government has launched a campaign to make unpopular what it considers foreign sanctions that have crippled the economy. Government officials and the ruling party,...

Mnangagwa says Zimbabwe’s economy is “dead”

Zimbabwe’s President Emmerson Mnangagwa has described his country's economy as "dead" as he promises to bring it back to life. On Tuesday Mnangagwa told the...

Sudan in dire need of $10 billion to rebuild economy

Sudan's new prime minister has said that the country needs up to $10 billion in foreign aid to rebuild it's economy. Abdalla Hamdok says the...

Zimbabwe: Workers union rejects pay offer from government

Zimbabwe's main public sector union has rejected a pay offer from the government. The rejection of the offer on Saturday could compound the worsening economic...

Zimbabwe: Inflation hits 175.66%, economy on it’s knees

Annual inflation in Zimbabwe for June, 2019 has hit 175.66%, up from 97.85% in May, statistics agency ZIMSTATS said. This is the highest rate since...

Zimbabwe bans maize exports, regulates local sales

Authorities in Zimbabwe have announced a ban on the export of maize in a bid to sustain the country's food security status. Zimbabwe is currently...

Opinion: Ghana not far from realizing Nkrumah’s dreams

The so called current hardship should see a drastic decline from November right down to the first quarter of 2020 thus: if NAADA's government...

Zimbabwe: Mnangagwa says a new currency is a must

When Zimbabwe introduced a new currency called the RTGS, or Real-Time Gross Settlement dollar in February this year it was meant to deal with...

Zimbabwe’s new currency loses value by 20%

In February this year, Zimbabwe introduced a new currency called the RTGS, or Real-Time Gross Settlement dollar. The new currency was meant to deal with...

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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