COVID-19 pandemic has affected price stability in Ghana’s economy. Consumer Price Index (CPI) entered double digit for the first time since the CPI was rebased in August 2019. In April 2020, Ghana recorded a year-on-year inflation rate of 10.6percent from 7.8 percent in the previous month. The 3.2 percent...
COVID-19 is a ticking time-bomb in Africa. Some of the risks are widely documented. Health-care systems are weak and overburdened, with ten African countries reportedly having no ventilators at all. Food supplies are unstable, and have already suffered major disruptions. And over 18 million people are refugees or internally...
Today, every leader is faced with the same challenge.
The COVID-19 crisis has brought out the best in us, as many have defied the odds to support one another in inspiring ways. Unfortunately, the crisis has also exposed some significant gaps in our societies, business models and our ability to...
The Ghana Export Promotion Authority (GEPA) has targetted earning more than US$10billion in revenue from non-traditional exports by end of 2028, under its National Export Development Strategy programme.
The country’s Non-Traditional Exports (NTEs) sector has grown from US$2million annually in the early 1980s to US$2.8billion in 2018. However, with the...
Government last week directed the exclusion of some imports from its reduction in benchmark values by a range of 30 percent to 50 percent, which has been implemented with effect from April 4, 2019.
This has not gone down too well with certain trade groups. GUTA’s Welfare Officer, Benjamin Yeboah,...
The Nigerian naira is seen weakening in the days ahead on the back of accumulated demand, while the Kenyan shilling could steady as importer appetite in the energy sector sags.
Nigeria
Nigeria’s naira is seen weakening on the black market as dollar demand balloons from foreign investors and importers with payment...
Many businesses have been affected as the COVID-19 pandemic continues to spread. Nonetheless, some businesses are finding ways to help and augment the efforts of governments and international bodies to combat the global health crisis.
One of such industries which has been hit hard by the pandemic is the fashion...
Although the call for family reading is intended to ensure an increase in the culture of reading, nationwide, boys could be the greatest beneficiaries. Naturally, the benefits of reading for pleasure are for the ones who make time to read. What it means is that the more one reads...