Growth in sub-Saharan Africa's big economies will be mixed into 2022, after a year of recovery from COVID-19 lockdowns, as life slowly returns to normal amid low vaccination rates, a Reuters poll found on Wednesday.
But the pace of recovery is largely positive, according to the poll, conducted from Oct....
The Monetary Policy Committee(MPC) of the Bank of Ghana (BoG) has lowered the policy rate for the first time since March 2020 to 13.5 percent from 14.5 percent.
According to the committee, it took the decision to help achieve its inflation target.
“Under these circumstances, the Committee decided to lower the...
Data from the 2021 Population and Housing Census (PHC) will be used to share national resources equally across the country and save lives and livelihoods, President Nana Addo Dankwa Akufo-Addo has said.
According to him, government remains committed to evidence-based planning and decision-making across all spheres of the nation; hence,...
Key leaders from the Ghana Netherlands Business and Culture Council (GNBCC) and the European Chamber of Commerce have affirmed Ghana’s position as the leading destination for FDI and trade with the highest competitiveness score in West Africa. They however noted that Senegal and Ivory Coast are fast gaining ground,...
Ghana’s Gross Domestic Product, (GDP), is most likely to hit a double digit in the next couple of years if the private sector is given the need financial support.
According to the Alliance for Development and Industrialization, (ADI), “the country‘s GDP is poised to record double digit, if industries are...
The decision to involve Rural and Community Banks in the distribution of funds from the COVID-19 stimulus package to businesses is both proper and timely. Together with the EXIM Bank and other commercial banks, the RCBs will ensure the stimulus package reaches all potential SMEs earmarked to receive the...
By José Antonio OCAMPO
Since the onset of the COVID-19 pandemic, the developing world has faced growing public-sector debt vulnerabilities. Interest-rate hikes and limited access to international capital markets have only exacerbated the problem – so much so that even solvent countries are now grappling with liquidity challenges. Furthermore, the...
The scientific name for Parsley is petroselinum crispum, and is a species of Petroselinum, a member of the family of Apiaceae plants. Other plants in the Apiaceae family include carrots etc. Parsley seed essential oil, just as the name suggests is extracted from the dried seeds of the Parsley plant through steam distillation method.
Ayurveda has...
The banking sector's ability to withstand losses is still low due to effects of the Domestic Debt Exchange Programme (DDEP) on capital and liquidity, banking consultant Dr. Richmond Akwasi Atuahene has said.
The central bank had raised concerns that the current macroeconomic situation is affecting the banking sector with declining...
With the economy buckling under the weight of internal and external pressures - rising inflation, a fast-depreciating local currency, foreign investor attrition - as well as heightened calls for a return to the International Monetary Fund (IMF) for assistance, government would be better off adopting, on its own, measures...