Kenya’s shilling is expected to weaken against the dollar this week , while Uganda’s will strengthen, traders said.
KENYA
The Kenyan shilling could come under pressure from end-of-month dollar demand from the energy sector and multinational companies paying dividends.
Commercial banks quoted the shilling at 107.00/20 per dollar, compared with 106.70/90...
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...
Coronavirus is threatening to undo recent gains made toward gender equality as millions of women and girls are predicted to have unwanted pregnancies and fall into poverty, world leaders said last week Thursday.
A “wake-up call” is needed to protect women’s and children’s rights amid the pandemic, said the president...
By our very nature, humans are social beings. It therefore goes without saying that our interactions and relations with each other help us to navigate the ups and downs of our increasingly complex lives. These close interactions have been severely limited over the last few weeks as governments and...
The National Board for Small Scale Industries (NBSSI) has said that one of the major goals of the GH¢1billion stimulus package is to afford businesses an opportunity to retain their human resource as a means to help reduce the number of layoffs that may ensue due to COVID-19 economic...
The Permanent Interstate Committee for Drought Control in the Sahel (CILSS), which has 13 member-states and is based in Burkina Faso, has produced data that show West African traders of perishable produce and livestock have seen losses of 10% to 30% since health restrictions came in, as transport is...
COVID-19, along with the related disruptions to the movement of goods and people, has compounded the challenges facing globalisation. With the breakdown of supply chains leading to concerns over the provision of key goods during the crisis, some emerging markets had moved towards regionalisation in an effort to share...
COVID-19 is indeed a revealer. It has revealed that the economy of Ghana has inadequate liquidity buffers.
The Minister of Finance reported to parliament as required by section 30 of Bank of Ghana Act, 2002(Act 612) as amended by Act 918 in 2016 - requesting a GH¢10bn financing from the...
The Commander in Charge of Nima Divisional Police Headquarters, Assistant Commissioner of Police (ACP) Abraham Quaye, has made a passionate appeal for the testing of police personnel and inmates to be a continuous process during the novel coronavirus (COVID-19) pandemic.
"The continuous testing of officers and inmates will enable us...