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High expectations for South African finance minister’s budget speech

South Africa's Finance Minister Tito Mboweni will have to walk on a tight rope as he tries to introduce interventions to grow the economy,...

Ghana is in good health – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo, delivering his fourth State of the Nation Address to Parliament Thursday, said Ghana is in good health and...

Namibia cuts lending rates as economy contracts

Namibia central bank on Wednesday cut its prime lending rates by 25 basis points to promote economic growth and also sustain the existing currency...

Ratings agency cutting South Africa’s growth outlook not surprise

A South African expert on Tuesday said ratings agency Moody's decision to slash the country's growth forecast to below 1 percent for this year...
world economy

Japan’s economy shrinks annualized 6.3 percent in October-December quarter

Japan's economy shrank an annualized 6.3 percent in the October-December quarter, the government said in a report on Monday. The Cabinet Office...
South African President Cyril Ramaphosa hailed by the National Assembly

South African president expected to focus on the economic crisis at SONA

As South Africa's economy is still in the doldrums and numerous companies laying off thousands of workers, experts said President Cyril Ramaphosa should prioritize...
Workers at Phoenix Metals Ltd push bags of minerals after weighing them at the plant yesterday. (John Mbanda)

South African Minerals Council asks president to take measures to improve economy

The Minerals Council of South Africa has called on President Cyril Ramaphosa to announce measures to address the under-performing economy when presenting the State...

Ghana must strive for vibrant manufacturing base, stabilization of the Cedi – Chartered Economist

A Chartered Economist, Mr. Emmanuel Amoah-Darkwah, has advocated the allocation of more resources to strengthening government’s flagship programmes intended to transform the manufacturing base...
Dr Mahamudu Bawumia

We have restored the health of the economy – Dr. Bawumia

Vice President Dr. Mahamudu Bawumia has touted the economic achievements of the government over the past three years, saying, they have restored the...

UK launches freeports consultation to boost economy in post-Brexit era

Britain has launched a consultation of new innovative freeports in a move to boost trade, jobs and investment following the country's departure from the...

Rwanda’s central bank sees 8.1 percent growth in 2020

Rwanda's economy will remain strong throughout 2020, with a predicted gross domestic product (GDP) growth of 8.1 percent, the country's central bank said on...

Brazil’s Carnival expected to inject US$1.9 billion into economy

Brazil's upcoming Carnival celebrations are projected to inject about 8 billion reals (around 1.88 billion U.S. dollars) into the economy, the country's National Confederation...
UN Economic Commission for Africa (ECA)

African countries urged to embrace green growth economic strategies

The United Nations Economic Commission for Africa (UN-ECA) on Monday called on African countries to craft development strategies that prioritize and promote a sustainable...
world economy

Trump touts economy amid impeachment trial

U.S. President Donald Trump on Tuesday lavished praise on his country's "economic boom" in the Swiss resort of Davos, in a bid observers say...

Germany to support Ghana to grow its economy

The German government has underlined its readiness to stand with Ghana every step of the way to grow its economy and end its over-reliance...

U.S. blockchain startup aims to challenge eyeball economy, social media giants

Civil Media Company, a New York City-based blockchain-for-journalism startup, has set itself an ambitious task of building a trusted web through blockchain technology to...
African National Congress (ANC)

South African president to highlight economy as ruling party marks 108 anniversary

As South Africa's ruling party the African National Congress (ANC) celebrating its 108 anniversary, President Cyril Ramaphosa is expected to focus on the stagnant...
Technology Growth

South African government urged to start implementing policies to grow economy

With South Africa's stagnant economic growth projected to grow below 1 percent in 2019, the government has been urged to implement the necessary policies...
The World Bank

Ghana secures $200 million from World Bank to boost its economy

Government of Ghana has secured a US$200 million facility from the World Bank to help in the transformation and diversification of its economy by...

Start-Ups and SMEs Contribution to Ghana’s Economy

Introduction Start-Ups and SMEs are important part of economies, globally, continentally and nationally. Globally, 95% of businesses are Micro Small Medium Enterprises (MSMEs). About 60%...
Nigerian Economy

African countries can learn from foreign investors to grow economy

African nations can learn from foreign investors on how to transform the continents' economies, said a Zambian financial and economic specialist on Monday. ...
Ghana To Have A Digital Roadmap To Expand The Local Digital Economy

Ghana seeks a formal digital economy for accelerated growth

As government of Ghana seeks to grow the the country's economy beyond aid, one of the key sectors it would like to see formalized...
Ghana To Have A Digital Roadmap To Expand The Local Digital Economy

Ghana To Have A Digital Roadmap To Expand The Local Digital Economy

The Vice President of the Republic of Ghana, Dr Mahamudu Bawumia, has stressed on the importance Government attaches to the ongoing digitization agenda, emphasizing...
mobile payments

Uganda drives its economy through the power of mobile phones

Uganda is harnessing the power of mobile phones as a driver of its economic growth under the country's Vision 2040, which aims at the...

Over subscription of Eurobond Indicates Confident in Ghana’s Economy

The Government, on Wednesday, said the oversubscription of the three-billion-dollar Eurobond, at a record rate, is a vote of confidence in the resurgence and...

Agriculture has a woman factor which supports the economy

Fear griped the Napila Community in the Bimbila District of the Northern Region when the news of a couple who went to the farm...
China economy

Experts Optimistic of High-Quality Chinese Economy to Promote Global Growth

China's resolve to continue promoting open and high-quality development will provide a much-needed stimulation to global economic growth, world experts and scholars said. China sets...

Namibia needs to discover new mines to continue supporting economy

Namibia's mining sector will continue to be an important contributor to the economy only if new mines are discovered, Namibia's Minister of Mines and...
Wpid Money Growth

Nigeria: GDP Figures Suggests Economy is in Good Shape

The Nigerian government said Wednesday that the country's economy was firmly on the path of growth, as its latest gross domestic product (GDP) figures...
Belt and Road

Experts Credits China’s BRI Initiative for Positively Affecting the Arab Economy

China's Belt and Road Initiative (BRI) has generated positive influences on economy in the Arab world, said Lebanese experts in light of the upcoming...