Africa is seeing coronavirus cases rapidly increasing and deaths rising, according to the World Health Organization (WHO). We've looked at the situation across the continent, and examined which countries are of most concern. How fast is coronavirus spreading? In terms of overall numbers, Africa currently accounts for only a small proportion...
Todaro & Smith (2006, p.811) define economic growth as “The steady process by which the productive capacity of the economy is increased over time to bring about rising levels of national output and income”. Economic growth means an increase in an economy’s output of goods and services in a particular...
Mono-crop culture in modern agricultural terms is the emphasis of crop specialisation. This method of farming is particularly popular in industrialised regions. However, though increasing yields are vital for having affordable food - particularly as the population is increasing, monoculture farming has some disadvantages you can’t ignore. The worlds long-term...
The Canadian High Commission is supporting women’s rights organisations with an additional GH¢1.3million to enable them develop effective gender-responsive policies amid the COVID-19 pandemic. The project, which falls under the ongoing Canadian Women’s Voice and Leadership Programme, is to help reduce the negative impact of COVID-19 on the rights of...
The performance of stock markets, especially in the United States, during the coronavirus pandemic seems to defy logic. With cratering demand dragging down investment and employment, what could possibly be keeping share prices afloat? The more economic fundamentals and market outcomes diverge, the deeper the mystery becomes, until one considers...
Ghanaian consumer confidence declines by 15 points Nigerian sentiment also experiences a significant decline Against a backdrop of the unprecedented COVID-19 pandemic, West African consumer sentiment has experienced a sharp drop in the Nielsen Consumer Confidence Index (CCI) for Quarter 2, 2020. Ghana’s figures show a substantial decrease of...
Ejuuma, an online recruitment platform that uses digital technology including cutting edge AI and a job-matching algorithm to accurately match job applicants with employers has launched in Ghana. Ejuuma provides an instant, accessible, time and cost-saving mechanism that addresses some of the critical recruiting considerations such as eliminating the risk...
The Ghana Private Road Transport Union (GPRTU) is expected to release new transport fares this Saturday, after the Ministry of Transport approved a 15 percent hike in fares across the board. The decision was arrived at after a meeting between the Ghana Road Transport Coordinating Council (GRTCC), GPRTU, the...
United Bank for Africa Plc (UBA), the leading pan-African financial services group, is pleased to announce the appointments of Ayoku Liadi and Oliver Alawuba as Deputy Managing Directors in charge of UBA’s Nigeria and Africa businesses respectively. Creation of the new positions - reporting to Group CEO, Kennedy Uzoka, represents...
tighten tax laws on public servants’ benefits curtail unwanted exemptions The Tax Justice Coalition Ghana (TJC-Ghana) has called on government to intensify its efforts at mobilising domestic revenue to help fill the revenue gap, considering the big financing gap that has resulted from the COVID-19 pandemic. According to the coalition,...