Tag: economy
Transit corridor contributes US$34 million to Ghana’s economy annually
The Ghana’s Transit Corridor contributes US$34 million annually to the nation’s economy, Ms Bismarck Benonita, the Chief Executive Officer of the Ghana Shippers’ Authority...
World Bank Improves Forecast for China’s 2021 GDP Growth to 8.5 Percent
The World Bank improved its forecast for China's economy growth in 2021 to 8.5 percent, from 7.9 percent in its January report.
The World Bank...
World Bank Improves 2021 Eurozone GDP Growth Forecast to 4.2 Percent
The World Bank improved its forecast for the 2021 eurozone GDP growth to 4.2 percent, from 3.6 percent in its January report.
The World Bank...
World Bank Improves Forecast for 2021 Global Economy Growth to 5.6 Percent
The World Bank upgraded its forecast for the 2021 global economy growth to 5.6 percent, 1.5 percentage points up from its January report.
"The global...
World Bank Improves 2021 US GDP Growth Forecast to 6.8 Percent
The World Bank improved its 2021 US GPP growth forecast to 6.8 percent, 3.3 percentage points up from the January report.
According to the World...
Russia May Produce at Least 150,000 Electric Cars Annually by 2030
By 2030, Russia may reach the level of producing at least 150,000 electric vehicles annually, according to a draft concept for production and use...
International donors aim to mobilize billions for Africa’s economy
International donors gathering at a summit in Paris On Tuesday pledged to mobilize more than 100 billion dollars to help boost Africa's economy amid...
Japan economy contracts 5.1 percent in 1st quarter amid virus spike
Japan's economy shrank at an annualized rate of 5.1 per cent in the first quarter, a government report showed on Tuesday, heightening fears of...
Sierra Leone Opens Economy and Invites Russian Investors
Sierra Leone is ready to cooperate with Russian business and welcomes Russian investments in the country, Sierra Leone’s Foreign Minister David J. Francis said...
Bitcoin Nosedived 10% to US$42,200 After April Historic High
The price of Bitcoin plummeted by more than 10% on Monday to around $42,200, erasing more than a third of April historic price.
According to...
‘Bear with government as it works to fix the economy’
Dr Kingsley Nyarko, the Member of Parliament (MP) for Kwadaso, has called on Ghanaians to bear with the Government as it continues to...
GCB records significant growth in Q1
GCB Bank recorded significant growth in all key performance indicators during the first quarter of 2021, compared to the same period in 2020. Strong...
Ramz Nic inspires the youth on his new song “Double the Hustle”
Rising Afrobeats sensation Ramz Nic has dropped the visuals of his new single “Double the Hustle” as he seeks to inspire the youth in...
Australia central bank keeps monetary policy unchanged
(dpa-AFX) - Australia's central bank maintained its interest rate as well as bond purchase programme on Tuesday, as widely expected, as these measures continued...
Recent Power Challenges Pose Threat To Re-booting Economy – IES
The Institute for Energy Security (IES) have taken note in recent times, of the several power supply challenges that is frustrating the smooth running...
South African president calls for actions to restore economy
South African President Cyril Ramaphosa called for urgent actions to restore the country's pandemic-battered economy in his State of the Nation Address delivered on...
ANC to focus on defeating COVID-19, rebuilding economy in 2021 – Cyril Ramaphosa,
African National Congress (ANC) President Cyril Ramaphosa said on Friday night that the party's main focus in 2021 is to defeat COVID-19 and...
We’ve been able to stabilize the economy – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo on Tuesady said the government has been able to stabilize the economy, exit the International Monetary Fund (IMF) programme,...
Nigerian leader prioritizes security, economy, combatting corruption in 2021
Nigerian President Muhammadu Buhari said on Friday his administration would continue focusing on delivering key strategic priorities under the security, economy and anti-corruption agenda,...
Projection Of The 2021 Ghanaian Economy
Following the 2020 elections of Ghana, there is the need for stricter financial planning and discipline at the individual, business and government level. The...
China’s economy enjoys strong resilience
By Zhao Zhanhui
The year 2020 has been a very unusual year of special significance in the history of New China. Not only is the...
First Lady appeals to all Ghanaians to vote for President Akufo-Addo
First Lady Mrs Rebecca Akufo-Addo has appealed to all Ghanaian voters, including; first-voters, to put the country first, and vote for President Akufo-Addo on...
Ghana becoming most digitized economy in Africa – Bawumia
The Vice President, Dr. Mahamudu Bawumia says the investments the Akufo-Addo government has made in its digitization efforts have put Ghana on the path...
Ghana CARES programme launched to revitalise the economy
The Senior Minister, Mr Yaw Osafo-Maafo, on Wednesday officially launched the Coronavirus Alleviation and Revitalisation of Enterprises Support (Ghana CARES) to revitalise businesses and...
Small-scale farmers need support to transform economy-MCE
Mr Aminu Mohammed Zakari, the Municipal Chief Executive for Ayawaso North has called for the support of small-scale farmers to become commercially viable to...
Philippine economy shrinks for third straight quarter amid Covid
The Philippine economy contracted for the third straight quarter this year, the first time in 35 years, the government said Tuesday.
Gross domestic product (GDP)...
NDC: Seeks comeback to restore economy
The huge number of infrastructure developments, the solid economic foundation laid out for the future, with enhanced social activities through prudent governance system under...
COVID-19, economy, racial inequality among top issues in U.S. presidential election
The economy, the COVID-19 pandemic and racial injustice have emerged as top issues for U.S. voters in the 2020 presidential election.
Voters ranked the pandemic...
Somali PM vows to intensify fight against corruption, boost economy
Somali Prime Minister Mohamed Hussein Roble said his government will step up its efforts to combat corruption and misuse of state resources.
Roble, who toured...
Ongoing mass protests in Nigeria portend danger to economy – union organization
The ongoing protests against police brutality in Nigeria that have forced businesses to close down are a danger to the nation's already poor economy,...