The World Health Organization (WHO) has called for caution as African airlines begin operations in various countries. The WHO said strict measures should be observed to prevent surges in coronavirus infections. The organisation urged governments to ensure airlines take information of passengers travelling and follow up with them to prevent outbreaks. The...
Ghanaians, living abroad transfer monies back home regularly to support their families and friends. These money transfers are mostly for consumption and in some cases, to assist their business endeavours. Remittance contribution to individuals cannot be underestimated. It contributes to the economic growth of many developing economies. Even during this...
The Kenyan shilling is expected to trade on the back foot this week while that of Tanzania is seen strengthening and the Nigerian, Ugandan and Zambian currencies holding steady. KENYA The Kenyan shilling could come under pressure this week  due to U.S. dollar demand from the energy and manufacturing sector...
Today, July 5, 2020, marks the establishment of the 60 years of the establishment of diplomatic relations. Sixty years of enduring and exemplary relations and cooperation between the two countries is worth celebrating and pondering over. Ghana established diplomatic relations with China shortly after becoming a Republic in July 1960,...
The Dynamic Governance Actions Opportunity for the Democratic Republic of Congo, (DGAOD for DRC), a citizen movement in the DRC has kicked against what it describes as “neocolonialism” by some international Non-governmental Organisations (NGOs). In a statement signed by Henri Mutombo of the DGAOD, the group said some international NGOs...
The MultiChoice Group is proud to announce its latest initiative in the fight against COVID-19. The group has supported several initiatives in the fight against the spread of the pandemic which continues to wreak havoc across the globe, and it is being acutely felt across Africa. Early in the spread of...
Government debt burdens across sub-Saharan Africa are rising at a faster pace and to higher levels than elsewhere in emerging markets, heightening the risk of further rating downgrades and defaults, ratings agency Fitch warned on Tuesday. Emerging markets have been battered by the fallout from the coronavirus pandemic, with a...
Kenya will remove a range of tax exemptions including for oil and gas exploration as it seeks to make up for revenue lost to the impact of the coronavirus crisis, its finance minister said on Thursday. As well as a drop in tax collection caused by the COVID-19 pandemic, the...
Ivory Coast’s Coffee and Cocoa Council (CCC) is introducing reforms aimed at boosting domestic exporters, including by reducing fees they pay when acquiring beans, CCC and industry sources said. The new measures also limit stockpiling of beans by multinational traders that domestic exporters say drive up prices and prevent them...
After ravaging the developed world, COVID-19 is now devastating developing and emerging-market countries, most of which lack the medical and financial capacity to combat the pandemic and its economic effects. For advanced economies, the first line of defense has been social distancing, hand washing, face masks, and widespread lockdowns. But...