As the country awaits the presentation of the 2018 budget soon, we take a look at the three main critical sectors of the economy—Agriculture, Industry, and Services—to see how they are faring and the various happenings in these sectors and also consider some of the policies in place by...
Marketing and Communications Industry leader, Global Media Alliance, has launched its 5th edition of the annual Ghana Beverages Awards (GBA). The launch came off in Accra and also paved the way for opening nominations in a lead-up to the main event. Being organised under the theme ‘Inspiring Excellence in Ghana’s...
The country is on the brink of entering a period characterised by market stability and diminished uncertainties, following the International Monetary Fund’s (IMF) approval of the US$3 billlion deal. The expected disbursement of around US$600million through the IMF programme, along with other anticipated concessional inflows, is anticipated to significantly bolster...
…over money laundering activities The Bank of Ghana (BoG) has withheld large sums of money suspected to have been laundered from abroad by some foreign counterparts remitted to certain individuals and businesses in the country, thereby, further reporting such cases to the Economic and Organised Crime Office (EOCO) to...
South Africa is in frantic search of foreign investors to boost its economy - exposed to turbulences caused by two years of struggle to contain the global pandemic that triggered almost complete shutdown of businesses, and production under lockdowns. The shutdown of businesses and production threaten the economic efforts...
The Bank of Ghana’s Monetary Policy Committee (MPC) is currently meeting to determine the country's future monetary policy, amid calls from the International Monetary Fund (IMF) for the Bank of Ghana (BoG) to continue tightening monetary policy until inflation is firmly on a declining trajectory and to eliminate monetary...
Beyond giving us a sense of pride, being Africa’s foremost bank places on the Standard Bank a huge responsibility that we have gladly shouldered for more than a century and half. Our purpose to drive Africa’s growth has reflected in the substantial positive social, economic and environmental impact we...
African countries must look to their local and global bond markets to raise enough capital to reboot their economies, which have been severely ravaged by COVID-19, African banks bosses have noted. Group Chief Executive Officer (CEO) of Ecobank, Ade Ayeyemi and the CEO of Equity Group Holding, James Mwangi noted...
The Institute of Economic Affairs (IEA) has advised government of the need to rebalance its budgetary allocations from compensation to capital expenditure in a bid to drive economic growth. Government spending is currently strongly biased toward recurring expenses rather than capital ones - which results in incorrect prioritisation of expenses...
Decisions to bridge inflation target gap Anticipates return to target band in 4 to 5 years Cost of borrowing to go up The Monetary Policy Committee (MPC) of the central bank has further raised the policy rate by 100 basis points to 28 percent from 27 percent, in an...

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