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4.5 Million African Jobs at Risk due to COVID-19 and Travel Restrictions- IATA

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The International Air Transport Association (IATA) warned that the damage being done to the African aviation industry and on economies by the shutdown of...
GDP

Covid-19 causes largest-ever GDP fall for New Zealand

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New Zealand's gross domestic product (GDP) has suffered its largest fall on record as the economic impact of Covid-19 hit, the government's official...
Afcfta Accra Headquarters

Airport reopening will fast-track AfCFTA – Chamber for Tourism Industry

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Ghana reopens its borders on September 1. The Chamber for Tourism Industry Ghana welcomes this decision as a win for AfCFTA but wishes to...
GDP

Italy’s GDP drops 12.8 percent in quarter

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Italy's gross domestic product (GDP) dropped by 12.8 percent in the second quarter of 2020 compared to the previous quarter, the National Institute...
John Dramani Mahama

Small-scale mining will be transformed under NDC-led government – Former President Mahama

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Former President and Flag-bearer of the National Democratic Congress (NDC), Mr. John Dramani Mahama, has hinted of plans by the party to introduce small-scale...
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Culture in the COVID-19 recovery: Good for your wallet, good for resilience, and good...

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The COVID-19 pandemic has drastically impacted the arts and culture sector around the world. With museums, cultural institutions, World Heritage Sites, and...
President Cuts Sod For E M Elmina Fishing Port

President cuts sod for €85 Million Elmina fishing port

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The President, Nana Addo Dankwa Akufo-Addo on Thursday begun his three-days working visit to the Central Region with a sod-cutting ceremony to commence the...
Chairman Of The Ghana Chamber Of Construction Industry Emmanuel Martey

Ghana needs to exploit well-planned infrastructure investment opportunities- Construction Chamber

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Ghana needs to take advantage of the opportunities that a well-planned infrastructure investment offers to develop a buoyant economy and to compete in the...
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Ghana FA appoints Randy Abbey, two others on Ad-hoc Committee

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The Ghana Football Association (GFA), has appointed Dr. Ransford Abbey and two others to put together a Strategic Business plan for the association on...
GDP

Decline in South Africa’s manufacturing production to affect GDP

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The decline of South Africa's manufacturing production by 30.2 percent between April and June was an indication that the country's gross domestic product (GDP)...

Journalists urged to report extensively on the fisheries sector

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Programmes Manager of Friends of the Nation (FoN), Mr Kyei Yamoah Kwadwo has entreated Journalists to devote much space and time to burning issues...
gold

Zimbabwe steps up efforts to revitalize mining industry

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Zimbabwe President Emmerson Mnangagwa on Saturday said the country's mining industry is expected to contribute about 12 billion U.S. dollars to the national economy...
Science Government Bill

Actors extoll government for fashioning National Research Bill

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Actors at a conclusion of a virtual convening has extolled government for taking the bold steps to draft the Ghana National Research Fund Bill...
Donald Trump

Trump denies intention to delay November election after raising possibility

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U.S. President Donald Trump said on Thursday that he doesn't want to delay the November election hours after raising the possibility on Twitter. "Do...
Africa Union Commission

Researchers call on heads of Africa to invest in research and innovation

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Researchers at a virtual meeting on Funding and Investing in Research and Innovation for Health in Africa, has called on continental leaders to invest...
Gross Domestic Product (GDP)

Ghana’s economy remains strong despite GDP forecast downgrade

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Ghana's economy can withstand the ongoing COVID-19 pandemic despite an almost 6-percent cut in its growth forecast, an economist said Monday. Speaking...
Ghana Parliament-

Government seeks parliament’s approval for GH¢11.8bn supplementary budget

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The Minister of Finance, Ken Ofori-Atta, on Thursday requested Parliament to approve more than GH¢11. 8 billion to support government’s expenditure for remaining months...
Finance Minister Ken Ofori Atta

Government revises 2020 GDP growth to 0.9 percent due to COVID-19

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The Government has revised its growth target downwards to 0.9 percent for 2020 from the projected 6.8 percent due to the negative impact of...
IEA

Key Policy Initiatives for Ghana’s Post-Covid19 Recovery

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The Covid-19 pandemic has caused extensive disruption to Ghana’s economy, severely affecting businesses, jobs and livelihoods. The post-pandemic recovery will be arduous and protracted...
Gross Domestic Product (GDP)

Namibia’s US$5.4 billion development expenditure positions country as a regional hub

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Namibia's development expenditure of 90 billion Namibian dollars (5.4 billion U.S. dollars) in 30 years has strategically positioned it as a southern Africa transport...
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AfCFTA plan to ride out crippling coronavirus crisis, says Vera Songwe

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Africa has a more robust tool in the African Continental Free Trade Area (AfCFTA) to use in accelerating regional and economic integration and prepare...
Bank of Ghana

BoG expresses worry about widening budget deficit due to COVID-19

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Dr Ernest Addison, the Governor of the Bank of Ghana, has expressed worry about the widening budget deficit due to the coronavirus pandemic, saying...
Genevive Ocansey Mining

MINING SECTOR DURING ECONOMIC CHALLENGES – Ghana and Emerging Markets

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Ghana was called the Gold Coast prior to independence because of its rich deposits of gold and other minerals. Till date those rich natural...
imf

IMF revises down global economy forecast, warns of record debt levels

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The International Monetary Fund (IMF) has revised down its forecast for the global economy amid mounting COVID-19 fallout, warning of record debt levels in...
Entrepreneurship

Government urged to support informal sector

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Mr Kofi Oppong, the Manager of Cosby 1 Fashion College at Madina in Accra, has called on the Government to streamline existing policy measures...
ICT sector

Nigeria’s ICT sector accounts for 14.07 percent of GDP in Q1

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Nigeria's information and communications technology (ICT) sector has contributed 14.07 percent to the country's Gross Domestic Product (GDP), said the Minister of Communications and...
Mapping Africa

Knowing Africa: A brief profile of some countries

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As Ghana joins in the celebration of the 2020 African Union Day, we submit here a brief profile of some of the countries: Country: Angola Angola...
SEND-Ghana

Put more money into social protection -Ghanaians demand in new survey ahead of 2020...

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The coronavirus pandemic, which is ravaging the world has shown, yet again, the critical need to invest in social protection as a country. As...
Golden Tulip

Covid-19: Tourism Federation happy with government’s stimulus package

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The Ghana Tourism Federation (GHATOF), the umbrella body for the hospitality, leisure and tourism industry, has embraced the government’s GH¢1 billion stimulus package to...
Bank of Ghana

Bank of Ghana maintains policy rate at 14.5 per cent

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The Bank of Ghana has kept the policy rate unchanged at 14.5 per cent, citing risks to inflation outlook following the recent jump in...