UNCTAD forecasts a 7% to 9% year-on-year drop in the value of global trade for 2020, despite signs of a rebound in the third quarter. In its quarterly Global Trade Update, the UN trade and development body estimates world trade to be about 5% less in Q3 2020 than during...
Ghana and Ivory Coast account for two-thirds of the world's cocoa supply, but unlike oil-producing countries, they are unable to influence prices that are historically too low to meet the basic needs of small planters. "They could decide the market prices - above all if they allied themselves with other...
The youth are not our enemies; let us remember this before we do anything rash such as using brute force to quell their protests. They are our children that have come of age. Their flaws are our failings as parents. All over the world, the youth have broken ranks...
A number of African countries have recently been contesting decisions by credit rating agencies. Some have raised objections that the rating agencies lack understanding of their economic environment. Others have challenged the correctness of their ratings on the basis that the agencies had not discussed them with the country’s...
- Akufo-Addo to local businesses President Nana Addo Dankwa Akufo-Addo has asked local entrepreneurs to exploit the enormous potentials provided by the Africa Continental Free Trade Area (AfCFTA) for trade and investments across various sectors of the economy. “Ghana, like many African countries, is blessed with an abundance of resources. However,...
Emirates’ focus on meeting and exceeding customer expectations was recognised last night at the Ghana Business Standard Awards 2020 with the ‘Outstanding Airline Company of the Year’ accolade. The airline was awarded for its outstanding commitment to remarkable business standards in its sector, demonstrating a high standard service delivery,...
The hue and cry about domestic workers having a regulation to govern their activities in Ghana and abroad is no longer an illusion but a reality.  Domestic work is one of the world’s oldest occupations. It basically refers to domestic chores performed in a home or domestic setting. The...
……acquires BNP Paribas in Guinea and Burkina Faso Vista Bank Group (‘Vista’) has agreed with BNP Paribas to acquire BNP Paribas’ majority interest in the International Bank for industry in Guinea and the International Bank for Industry, Commerce and Agriculture in Burkina Faso. The acquisition, whose completion is subject to regulatory...
…World Bank calls for policy reforms to maximise gains A new report by the World Bank has revealed that the implementation of the Africa Continental Free Trade Area (AfCFTA) has the potential to lift about 100 million people from poverty if countries commit to the agreement and put in the...
As the threat of a COVID-19 pandemic emerged earlier this year, many felt a sense of apprehension about what would happen when it reached Africa. Concerns over the combination of overstretched and underfunded health systems and the existing load of infectious and non-infectious diseases often led to it being...
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