Africa’s economic, business and public policy analysts are forecasting that the speed and scope of the continent’s post-COVID-19 recovery will largely depend on the effective implementation of the African Continental Free Trade Area (AfCFTA). These views were contained in the recent UN publication, “Africa Renewal.”
The AfCFTA is an African...
As at the time of going to press last Friday, the country’s COVID-19 case-count had increased to 10,358; which sends disturbing signals. GHS data show that 16 of the active patients are in a severe condition, while six are critically ill.
So far, all 16 regions in the country have...
A Bank of Ghana report has revealed serious lapses in the structures, systems and processes in place to promote consumer protection and the early resolution of customer complaints, as poor and unfair customer service has been going on in the banking industry for a long time.
Dr. Richmond Akwasi Atuahene,...
Many agric enthusiasts share the corroborative view that the responsibility of developing agriculture must be shared by government and the private sector. The mammoth significance of agriculture and the dominant role it plays in keeping our economy alight and alive means private firms must stand tall with an effectual...
There are signs of imminent global recession as the COVID-19 pandemic causes serious economic damage across the world. Ghana is expected to grow 1.5 percent in 2020 according to the government and International Monetary Fund (IMF). Fitch, a rating agency, however expects the economy to do slightly better with...
The tourism industry, which is often referred to as an “invisible export”, is significant in the economic and social development of a country. The American news network CNN rankled Ghana the fourth out of nineteen countries as top destinations in the world to visit.
Traditionally developing countries such as Ghana...
Governments around the world are responding forcefully to the COVID-19 crisis with a combined fiscal and monetary response that has already reached 10% of global GDP. Yet according to the latest global assessment from the United Nations Department of Economic and Social Affairs, these stimulus measures may not boost...
As the COVID-19 crisis has escalated, stay-at-home orders have led to a surge in online purchases – of everything from groceries to medicines to household essentials – by consumers in the advanced economies. Africans facing similar movement restrictions will not enjoy the same convenience – or the safety it...
Food security in sub-Saharan Africa is under threat. The ability of many Africans to access sufficient, safe and nutritious food to meet their dietary needs has been disrupted by successive natural disasters and epidemics. Cyclones Idai and Kenneth, locust outbreaks in eastern Africa, and droughts in southern and eastern...
Fixed income investment is any investment that offers a fixed or guaranteed rate of return to the investor over a specified period of time. Typical examples of fixed income investments are bonds issued by the government or corporate entities. These investments have fixed rate of returns on the face...