The coronavirus (COVID-19) has presented enormous challenges to the developed, emerging, and developing economies. The COVID-19 has revolutionized international trade, thereby initiating businesses into a new era of trade facilitation.
The modern era of international trade is one of the increasingly complex interactions between organizations, firms, and people. Countries that...
The African Continental Free Trade Area (AfCFTA) represents a major opportunity for countries to boost growth, reduce poverty and broaden economic inclusion, a new World Bank report has found. If implemented fully, the trade pact could boost regional income by 7% or US$450billion; speed-up wage growth for women; and...
Bank of Ghana data shows that the while coronavirus pandemic has severely bruised the country’s economy, leading to losses in most sectors, other sectors have started showing recovery even as early as the month of May 2020.
The data reveals cement sales and port activities have improved significantly in the...
On Sunday night, the President delivered his 14th address to the nation on measures taken against the spread of the novel and devastating COVID-19.
He used the address to reaffirm government’s determination to save lives, jobs and livelihoods, while revitalising the economy, and safeguarding the future. As part of the...
At one time or another, nations and individuals confront crisis points – moments of existential challenge that also open up new possibilities. African countries, at just such a crisis point as a result of the novel coronavirus, face three possible outcomes post-pandemic: play catch-up, stand still or fall even...
The Monetary Policy Committee (MPC) of the central bank has again, unsurprisingly, maintained the policy rate as the ravages of the coronavirus pandemic have made it impossible for the rate to be cut for the private sector to have access to more affordable loans.
Ever since the Bank of Ghana...
Minister of Finance, Ken Ofori-Atta, has revealed in the 2020 mid-year budget review that government has released an amount of GH¢57,800,000 for the payment of nursing students allowance.
According to the Finance Minister, the stipulated amount is to cover the allowance of some 48,200 nursing students across various nursing training...
Civil Society Organizations (CSOs) have called on government and all political parties to help empower the local seed industry by providing an enabling environment and logistical support to ensure that Ghana is seed sufficient.
The CSOs believe that government and political parties can, through their manifestos and policies, safeguard input...
The National Lottery Authority (NLA), has indicated that due to the shift system it is implementing to make its working environment safe from COVID-19, and the increasing spate of lotto fraudsters, it is taking reasonably longer to pay winning tickets or prizes and thus appealing to the staking public...
Kenyan and Nigerian currencies are likely to come under pressure against the U.S. dollar this week as Uganda’s shilling strengthens and Tanzania’s and Zambia’s currencies trade sideways.
KENYA
The Kenyan shilling is forecast to weaken due to increased dollar demand from merchandise importers and the energy sector as business activity...