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COVID-19

United States maintains high military spending despite pandemic

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The United States continues to increase its military spending despite the COVID-19 pandemic, the Stockholm International Peace Research Institute (SIPRI) said in a report...

Nigeria’s economic hub starts construction of new light rail to improve connectivity

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Nigeria's southwest state of Lagos on Thursday held a groundbreaking ceremony of a new line of an ongoing light rail construction project that...
Uganda Map

Uganda focuses on debt management, economic recovery from COVID-19 impact

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Uganda is going to concentrate on debt management and economic recovery over the next four financial years as the country faces the socio-economic stress...
Flag China

China determined to win tough battle for carbon neutrality

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Peaking carbon emissions by 2030 and realizing carbon neutrality by 2060 are tough battles that China is determined to win. Reducing carbon emissions was one...
China Map

China’s “two sessions” offer new impetus and inspirations for global development

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In the past few days, China's annual "two sessions" have attracted much global attention, with the international community watching closely where the world's second...
CEDI

Securities and Exchanges Commission requires GHC5.5 billion to settle investors

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Government is working to complete the bailout of the asset management industry through the provision of a package for investors of the failed...
Fishing Saiko

Business as usual would collapse Ghana’s fishing industry—Prof Akpalu

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Professor Wisdom Akpalu, Director, Environmental and Natural Resource Research Initiative (ENRRI-EfD Ghana), has called for pragmatic steps to address challenges in Ghana’s fisheries sector...

Hon. Dr. Owusu Afriyie Akoto Has The Wits To Sustain Gains In The Agriculture...

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Hon. Dr. Owusu Afriyie Akoto, the two-term Member of Parliament (MP) (2009-2012/2013-2016) for the good people of Kwadaso in the Ashanti region, and Minister...
Afcfta Accra Headquarters

Impact of African Continental Free Trade Area agreement on Africa’s energy sector

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The African Continental Free Trade Area agreement (AfCFTA) will constitute the world’s largest free trade area, consolidating an integrated market of 1.3 billion consumers...
somalia refugees

Global costs of internal displacement reaches US$20 billion a year

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The global costs of internal displacement has reached 20 billion U.S. dollars a year, compared to 13 billion dollars two years ago, the Internal...
A man sits outside the African Continental Free Trade Area (AfCFTA) Secretariat office in Accra, capital of Ghana, August 17, 2020. Ghanaian President on Monday handed over the edifice housing the African Continental Free Trade Area (AfCFTA) secretariat to the African Union (AU) for the commencement of work. (Ghana Presidency/Handout via Xinhua)

Major economic stories in 2020

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The handing over of the Secretariat of the African Continental Free Trade Area (AfCFTA) to the Chairperson of the African Union Commission, Moussa Faki...
Afcfta Accra Headquarters

AfCFTA kickstarts trading tomorrow January 1, 2021

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Trading under the African Continental Free Trade Area (AfCFTA) would begin on January 1st 2021, with a market of 1.2 billion people and a...
Mr John Okyere

Less than two million Ghanaians pay tax

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About 1.5 million out of the six million eligible Ghanaian tax payers pay tax, allotting Ghana one of the lowest Tax to Gross Domestic...
Gross Domestic Product (GDP)

Ghana’s economy contracts 1.1 per cent in third quarter 2020

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Ghana’s economy contracted by 1.1 per cent year-on-year in the third quarter (July to September) of 2020 compared to the same period in 2019...
Wash Funding

WASH stakeholders advocate for four per cent budgetary allocation of GDP

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The Alliance for WASH Advocacy (A4WA) and WaterAid Ghana, says the 2021 budget for Water, Sanitation and Hygiene (WASH) should be at least four...
President Muhammadu Buhari

Nigeria’s economy slips into recession

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Nigeria's economy has slipped into recession for the second time in four years as oil prices plunged amid the COVID-19 pandemic, official data released...
Cpp

CPP to reactivate post-independence socialist education

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The Government of the Convention People’s Party (CPP) will reactivate the post-independence socialist education policies as per the Ghana Education Trust Act (1960) that...
Covid

Philippine economy shrinks for third straight quarter amid Covid

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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)...
Mr Alan Kyerematen

Ghana is ready for AfCFTA-Trade Minister

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The Minister of Trade and Industry, Mr Alan Kyerematen, says Ghana is ready to take advantage of the African Continental Free Trade Area (AfCFTA). He...
flights

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...
Article Image

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...
GFA Logo

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...