The International Monetary Fund (IMF) said on Tuesday that the Zambia’s government had asked for its $1.3 billion loan programme to be increased to $1.7 billion to help it respond to a… Read More
London-based data visualisation platform StructureFlow Secures $6million in series A round funding, The investment will enable them to further leverage artificial intelligence to accelerate… Read More
Governor ofthe Bank of Ghana Dr Ernest Addison ahs observed that the exchange rate pressures witnessed in recent weeks reflect a weakening of the current account surplus, due to higher impor… Read More
The Institute of Economic Affairs (IEA) has commended the Bank of Ghana (BoG) for implementing some of its suggestions to enforce FX market regulations.
The policy and economic think tank al… Read More
The Dean of the Business School of the University of Cape Coast, Professor John Gatsi has told managers of the economy to be prudent in handling the economic situation and ensure positive ou… Read More
The Dean of the Business School of the University of Cape Coast, Professor John Gatsi has told the Bank of Ghana (BoG) and the Ministry of Finance (MoF) that speculations on the market canno… Read More
The Director of Communications of the New Patriotic Party (NPP), Richard Ahiaghah, has urged the Bank of Ghana (BoG) to persistently discharge its regulatory mandate to deal with the abuses… Read More
Founding President of IMANI Africa, Franklyn Cudjoe, has said that the National Investment Bank should just be collapsed.
He is against any move by the government to inject capital into a ba… Read More
The local currency is currently in a severe crisis, the Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwakye, has said.
Dr Kwakye explained that the Cedi depreciat… Read More
The recent talks followed the conclusion of a short-term £2.4 billion programme last month, which was crucial in helping Pakistan avoid a sovereign debt default. The IMF delegation, le… Read More
Press freedom dey?The World Press Freedom Day—held on Friday, May 3—was meant to celebrate a free press, but in Nigeria, journalists faced another reality. The 2015 Cybercrimes A… Read More
A new law has been introduced in Sri Lanka that is backed by the International Monetary Fund (IMF) which allows the state to seize proceeds of crime as stated by Bandula Gunawardana at a cab… Read More
Dividends are a key component of investing that often holds a special attraction for both seasoned investors and newcomers alike. But what exactly are dividends, how do they work, and why ar… Read More
Context: The recent Global Sovereign Debt Roundtable (GSDR) meeting held on the sidelines of the IMF and World Bank Meetings offered solutions for low-and middle-income countries (LMICs), bu… Read More
Well, 2023 obviously proved (once again) that nobody knows anything, so let’s skip the waffle & jump right in – my FY-2023 Benchmark Return is still a simple average of the… Read More
The Kumasi Central Market Traders and Second Hand Clothes Union have issued a stern warning of a five-day demonstration over the abandoned Kumasi market project. In a statement released on M… Read More
PAKISTAN is putting on the block a stake ranging from 51 per cent to 100 per cent of lossmaking national carrier Pakistan International Airlines (PIA), the privatisation panel said on Tuesda… Read More
PAKISTAN is putting on the block a stake ranging from 51 per cent to 100 per cent of lossmaking national carrier Pakistan International Airlines (PIA), the privatisation panel said on Tuesda… Read More
1st Deputy Governor of the Bank of Ghana, Dr Maxwell Opoku-Afari has assured the team from the International Monetary Fund (IMF) led by Mission Chief Mr. Stephane Roudet, that is currently i… Read More
Ghana is embarking on its second review of the three-year, $3 billion IMF-supported Post-COVID-19 Programme for Economic Growth (PC-PEG), beginning on Tuesday, April 2, 2024, following the s… Read More
Zambia’s government has agreed to a revised deal to restructure more than $3.5bn (£2.7bn) of its international bonds with private investors.
Under the agreement, creditors will f… Read More
The Minister for Finance, Dr. Mohammed Amin Adam, announced on Tuesday that the 2nd Review of Ghana's 3-year, US$3 billion IMF-Supported Post Covid-19 Programme for Economic Growth (PC-PEG)… Read More
A huge jobs massacre is looming in German industry. Hundreds of thousands of jobs, some of them highly skilled, are at stake. The main focus is on the gutting of jobs in the automotive and… Read More
INTRODUCTION
On the 28th of February, 2024, the Parliament of Ghana passed the Proper Human Sexual Rights and Ghanaian Family Values (“Anti-LGBTQ”) Bill. The Bill is yet to be fo… Read More
Ghana faces potential economic upheaval as the disbursement of World Bank funding hangs in the balance. According to government officials, the delay could have far-reaching consequences for… Read More
President Nana Addo Dankwa Akufo-Addo presented his penultimate State of the Nation Address to Parliament on Tuesday, February 27, 2024.
He touched on various sectors of the economy and gave… Read More
On March 8, 2023, President Akufo-Addo presented the State of the Nation Address (SONA) as required by Article 67 of the 1992 Constitution.
As the President prepares to present the 2024 SONA… Read More
GSB asses terms for informal debtors in Thailand’s debt relief bidLegacyDeputy Finance Minister Krisada Chinavicharana announced that the Finance Ministry has tasked the Government Sav… Read More
ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif on Wednesday asserted that a new government following elections would have to pursue another programme with the Inte… Read More
In this post Naija02 will be bringing you the Nigeria’s Vice Yemi Osinbanjo biography and his CV as he’s set to commence nation wide campaign in his presidential ambition.
Yemi O… Read More
AHEAD of elections next week, Pakistan’s caretaker administration is making binding plans for a new government to sell loss-making Pakistan International Airlines, according to the min… Read More
JOHN LEGATIN our October Notes we made the bold assumption that “the United States (USD) would remain in place for a good while yet” and beyond the initial deadline for i… Read More
The government of Ghana has reached a debt restructuring agreement with its official creditors under the Group of 20 (G20) common framework.
The Ministry of Finance announced the agreement i… Read More
GSB plans debt moratorium for 630,000 debtors amid Covid-19 pandemicLegacyThe Government Savings Bank (GSB) is setting up a plan to provide a debt moratorium for 630,000 debtors, totalling 6… Read More
President Akufo-Addo has reiterated his government’s position as regards rebounding the Ghanaian economy in his Constitution Day broadcast to the nation.
“We have, happily, turne… Read More
It was interesting to hear Bank of Ghana (BOG) officials pat themselves on the back because year-on-year inflation had dropped to 26.4% in November 2023, from 35.2% in October 2023 and 54.1%… Read More
RBI’s Directions for the Investment Portfolio of Commercial Banks
Preliminary
The Reserve Bank of India’s Directions for the Classification, Valuation, and Operation of the… Read More
This is the third loan payout under Zambia’s $1.3bn extended credit facility, which the IMF approved in August 2022. The African country backslid on its debt approximately three years… Read More
THE second review of Sri Lanka’s $2.9 billion (£2.29bn) bailout with the International Monetary Fund (IMF) could be completed as early as the first half of 2024, provided it mana… Read More
A group of Sri Lanka’s creditor nations are likely to reach an agreement on debt relief and an extension of repayment deadlines for the South Asian nation, Japan’s Jiji News re… Read More
Rindra Hasimbelo Rabarinirinarison, the distinguished Minister of Economy and Finance of Madagascar, recently engaged with the African Leadership Magazine team in a captivating interview. He… Read More
Former President Mahama spoke at the ninth Ghana CEO Network Business Cocktail held i Accra last night.
Addressing a distinguished audience of industry leaders, Mr. Mahama outlined his… Read More
SRI LANKA cut key interest rates on Friday (24) for a second time in as many months ahead of a crucial debt restructuring deal with foreign lenders.
The cash-strapped country defaulted on it… Read More