Sunday, November 24, 2024
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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...

Kenya’s public debt hits $51.7 billon

Kenya’s public debt has reached $51.7 billion according to the country's 2019 medium term debt management strategy. The document was tabled in parliament last week. The...

Africa risks economic growth decline due to Climate Change

African countries risk losing about 1.5 percent of their Gross Domestic Product (GDP) to the negative impact of climate change. Gross Domestic Product (GDP) is one...

Ghana’s debt stock hits $34.6 billion

Ghana’s debt stock has increased from $28.9 billion (GH¢142 billion) in 2017 to $34.6 billion (GH¢170.8 billion) in 2018. The latest figure, according to Ghana’s...

Ghana records 5.4 percent GDP growth for second quarter

Ghana’s Gross Domestic Product for the second quarter of this year grew by 5.4 percent. For the same period last year the country recorded...

IMF revises Ghana’s GDP projection downwards

Ghana’s Gross Domestic Product (GDP ) projection for this year has been revised downwards from 6.8 percent to 6.3 percent. This is contained in the...

Why Dangote sacked 36 expats and 12 Nigerians – Downsizing not recession

The Dangote group of companies has denied media reports that a recent decision to retrench 48 of its staff was related to recession in...

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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