Tag: trade deficit
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GFZA Courts Pakistan Investment Despite US$50mn Trade Gap
Ghana Free Zones Authority has launched strategic engagement with Pakistan's new High Commissioner to unlock investment opportunities that could help address the countries' severely...
US Imposes Tiered Tariffs Reshaping African Trade Relations
President Donald Trump's executive order imposing reciprocal tariffs has placed South Africa, Algeria, and Libya under the highest U.S. duties on the African continent...
US GDP Beats Forecasts But Underlying Demand Cools
U.S. Q2 GDP grew at a stronger-than-expected 3.0% annualized rate, easing recession concerns.
However, financial advisory firm deVere Group warns the headline figure masks softening...
Ghana’s Fuel Imports Dominate 2024 Trade Bill Despite Stronger Cedi
Refined petroleum products, led by diesel and petrol, remained Ghana's largest import expense in 2024, accounting for over a quarter of the nation's total...
Namibia’s trade deficit up in March
Namibia's trade balance in March saw a deficit of 4.5 billion Namibian dollars (about 242 million U.S. dollars), compared to 3.9 billion Namibian dollars...
