Friday, September 22, 2023
Traders see up to 30% losses due to COVID-19 restrictions Goods spoil as border closures disrupt food transport Trade frictions could contribute to food crisis - U.N. In ordinary times, it takes Boureima Diawara two or three days to truck his mangoes the 1,200 km (745 miles) from southern...
Fruit exporters have issued an ultimatum to the Ghana Ports and Harbours Authority (GPHA) for the renewal of their export licences by March 31, 2021 to enable them export their produce to the international market. The exporters, who are members of the Sea-Freight Pineapple Exporters of Ghana (SPEG), have said...
Former Nigerian minister, Ngozi Okonjo-Iweala, is now the front-runner to become the World Trade Organisation’s new director Nigerian finance minister Ngozi Okonjo-Iweala picked up crucial backing from the EU on Monday, sources said, giving her bid to become the first African head of the WTO a major boost. The World Trade...
World Bank Chief Economist Carmen Reinhart has said the coronavirus pandemic is turning into a major economic crisis, and warned of the possibility of a financial crisis emerging. “This did not start as a financial crisis, but it is morphing into a major economic crisis with very serious financial consequences,”...
Hits 74.4% of GDP New data released by the Bank of Ghana has revealed that out of every GH¢1 value of productive activities undertaken in the country, more than 74 pesewas go into paying debt. The Summary of Economic and Financial Data (January 2021) published by the Bank of Ghana...
National Chief Imam Osman Nuhu Sharubutu on 28 November 2020 named Clemence Gyato as Peace Ambassador. Gyato, a master’s degree holder in Conflict, Peace and Security who is currently a PhD student, is widely renowned among the country’s Zongo youth and lauded for his efforts in conflict resolution, notably in...
The Institute of Economic Affairs (IEA) has proposed restructuring the nation’s external public debt, as well as introducing borrowing- or debt-ceilings in the annual Appropriations bill, among other measures, to arrest the nation’s ever-increasing debt stock - which has long breached the prudent 70 percent debt-to-GDP threshold for a...
It is first and local. The people of Prampram and its environs will no longer have to trek long distances in search of basic essentials for their homes, because the newly opened mall, Nkunim Grocery Store, has started operating starting Saturday. Located opposite the water company, the store has all...
• 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,...
The 2020 Mastercard Index of Women Entrepreneurs (MIWE) has once again ranked Uganda (39.6%), Botswana (38.5%) and Ghana (36.5%) as the world’s three leading economies having the most women business owners. The Index’s benchmark indicator is calculated as a percentage of total businesses owners, and all three countries have...