The African Business magazine has released this year’s top-250 African companies survey, which highlights the overall carnage in African share valuations over the last year - and Ghana made only three entries.
Ghana’s first entry was chalked by Tullow Oil, in 39th position with a market capitalisation of US$2,888million. Standard...
Is deficit financing back?
BOG 2020 budget deficit support at 53%?
It seems the Bank of Ghana (BOG) May 2020 Monetary Policy Committee (MPC) Report cites the US Fed and US Treasury to prepare our minds for a significant shift its past conservative fiscal stance to an aggressive one....
COVID-19 and its enormous economic repercussions on Africa is putting serious strain on the continent’s Sovereign Wealth Funds – which collectively hold some US$87billion in assets under management.
Experts at advisory firm Konfidants - which publishes the African Sovereign Wealth Funds Index – are projecting that COVID-19 could result in...
Finance Minister, Ken Ofori-Atta has said government will fast-track the process for establishing a National Development Bank (NBD) to help in the economy’s quick recovery post COVID-19.
“We are positioning the newest Development Bank of Ghana to be a critical element of our post-recovery strategy for rapid industrialisation and agriculture...
 1. Introduction
The Bank of Ghana (BOG) Monetary Policy Committee (MPC) Report for May 2020 curiously puts the end-March 2020 public debt at 59.3 percent. Since the 2019 Debt Report and the IMF show the end-2019 debt level as 63 percent, it is unlikely to decline substantially to 59.3 percent....
Revenue shortfall now over 90%
GCAA, Airport Company may require gov’t bailout
Staff proceed on leave without pay; non-critical projects suspended
The aviation sector, like other sectors of the economy, is counting its losses and grasping at straws to survive.
With players expressing mixed feelings about continuous closure of...
Debt to GDP hits 59.3%
Primary balance contracts to 3.4%
Total revenue only 2.7% of GDP
The macroeconomic data of the country is flashing red light signals of danger ahead, as it is showing rising debt levels against shortfalls in revenue amid the impact of coronavirus pandemic; thereby...
Ghana Community Network Service Limited (GCNet) is set to shut down its operations at the nation’s ports to finally give way for UNIPASS, now Integrated Customs Management Systems (ICUMS) to takeover single window operations at the port.
In a series of letters written to the existing vendors and various port...
Demand a new deal in and for Africa
Advocate speedy implementation of AFCFTA
Call for Increased Investment in Digital Connectivity
Leaders across Africa and the globe have called for deeper collaboration between governments and private sector players to fight the COVID-19 pandemic.
At the 2nd UBA Africa Day Conversations, screened...
• Demand a new deal in and for Africa
• Advocate speedy implementation of AFCFTA
• Call for Increased Investment in Digital Connectivity
Leaders across Africa and the globe have called for deeper collaboration between governments and private sector players to fight the COVID-19 pandemic.
At the 2nd UBA Africa Day Conversations,...
