Over the last 20 years, a number of thriving technology companies have emerged in China. This has invited much speculation about the country’s scientific and technological prowess, and about its ability to innovate. Some argue that China is already nipping at America’s heels in these domains, and has become...
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 Minority in Parliament has departed from its original stance of rejecting introduction of the Electronic Levy (E-levy) in its entirety, saying they will agree if it is slashed to 1 percent with a threshold of GH¢300.
This, Minority Leader Haruna Iddrisu said, was arrived at after extensively engaging Finance...
Director of the Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana, Professor Peter Quartey, has expressed worry over the recent scuffle in Parliament regarding introduction of the Electronic Levy (E-levy); saying it sends a bad signal about the investment climate in the country.
In an...
The human was born free and has been free to do business to make a living. However, during this process, society expects compliance with certain standards and regulations to ensure the smooth flow of usual activities and socio-economic norms. The society also expects a certain kickback from the people...
President Akufo-Addo has appointed Rosemary Beryl Archer as Deputy Chief Executive of Ghana Exim Bank.
The new Deputy Chief Executive in Charge of Banking/Business until her appointment was Head of SMEs at the bank.
The appointment was contained in a letter signed by Chief of Staff, Akosua Frema Osei-Opare, and is...
Finance Minister Ken Ofori-Atta has announced a reduction to margins in the petroleum price build-up by a total of 15 pesewas per litre with effect from 1st April.
This is intended to mitigate the impact of rising prices for petroleum products at the pump over the next three months.
“These reductions...
African nations’ debt distress risk jumps
The economic fallout from Russia’s war in Ukraine is causing a sharp deterioration in debt sustainability for many African nations. The proportion of African countries at high risk of debt distress rose to 60.5% from 52.6% in October, the World Bank said in the...
EU eyes African aid package amid food supply issues
EU sanctions on Russian banks are exacerbating Africa’s growing food crisis by making it difficult to pay for wheat exports, according to African Union chair and Senegal President Macky Sall. He told EU leaders that the worst is still ahead if...
The government is expecting a delegation from the International Monetary Fund (IMF), to start in-person meetings following the decision to seek a bailout for the economy.
To this end, the Ministry of Finance, which will engage the delegation, has assured that it will successfully commit to negotiating a programme in...