Online channels have become the highest drivers of the major domestic appliances market, according to research information provided by Natalia Andrievskaya, the Global Director MDA of GfK at the ongoing IFA Global Press Conference in Rome, Italy. According to the data, sales in appliances like washing machines, refrigerators, microwave ovens, …
Read More »African countries issue $14.4b in corporate and sovereign bonds in 2017
While economic activity continues to strengthen in sub-Saharan Africa, supported by favourable external and domestic conditions, the region’s corporate and sovereign bond issuance has more than doubled to $14.4 billion in 2017 according to the latest World Bank economic report on Africa, Africa Pulse. The countries returning to the international …
Read More »Public debt still rising in Africa – Report
Public debt, relative to Gross Domestic Product (GDP), is rising in the Africa Region and the composition of debt has changed, as countries have shifted from traditional concessional sources of financing towards more market-based ones. According to the World Bank higher debt burdens and the increasing exposure to market risks …
Read More »Ghana’s economy won’t be fastest growing in Africa in 2018 – IMF
At the beginning of the year, the World Bank, the International Monetary Fund (IMF) and other analysts projected that Ghana’s economy will be the fastest growing in Africa in 2018. They all projected the country’s economy will grow above 8 per cent, but that won’t be. The title of fastest …
Read More »Discussions on migration and refugees must include nature of African economies – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo Tuesday said discussion on migrations and refugees cannot be complete without including conversations about the nature of African economies. He said such comprehensive discussions are one of the ways to guide the formulations of appropriate policies that would enable satisfactory solutions to the crises of …
Read More »Africa must see Universal Health Coverage as good investment – WHO
Dr. Matsidiso Rebecca Moeti, World Health Organization (WHO) Africa Regional Director has asked African countries to see Universal Health Coverage (UHC) as good economic investment. This is because, “healthier populations drive economic growth, development and prosperity, improved health security, reduced poverty and better gender equity”, she said. Dr Moeti said …
Read More »Interior Minister urges security agencies to utilise GH¢800m special fund
Mr Ambrose Dery, the Minister of Interior, has urged the security agencies to submit procurement proposals for the purchasing of equipment for their re-tooling. He said the Government had made available this year GH¢800 million for the re-tooling of the security sector agencies under his ministry to enable them deliver …
Read More »GNPC commits $9m to professorial chair at UMAT
Mr K.K Sarpong, the Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC) has said the corporation was keen to build the research and technology base of the country in advancing its development. According to him, industries could only do well based on quality research and innovations from academia …
Read More »Ghanaian women to consume 13.4 million cycles of contraceptive pills
Ghanaian women are expected to consume 13.4 million cycles of contraceptive pills over the next three years, according to analysis from a new report by the Reproductive Health Supplies Coalition. Analysis of the results of the fourth report, the Global Contraceptive Commodity Gap Analysis 2018 (CGA 2018) which was launched …
Read More »Foreign aid to countries including Ghana in 2017 was $146.6b – OECD
The total amount of foreign aid from donors in 2017 amounted to $146.6 billion, according to preliminary official data from the Organisation for Economic Co-operation and Development (OECD). The amount it says is a small decrease of 0.6 per cent from 2016 in real terms as less money was spent on …
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