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Gross Domestic Product (GDP)

UK GDP growth flat in Q4 amid Brexit uncertainty

Britain's gross domestic product (GDP) growth was flat in the final quarter last year, marking a difficult period for the country's economy largely thanks...
US President describes impact of Paris Accord

White House budget proposal aims to close deficit in 15 years

The White House on Monday unveiled a budget proposal for next fiscal year that would cut major domestic programs, claiming that solid economic growth...
Bank of Ghana

Bank of Ghana keeps policy rate unchanged at 16 percent

The Bank of Ghana kept its Policy Rate unchanged at 16.0 percent for the sixth meeting in a row as the Monetary Policy Committee...

Israel to support tourism and agriculture development in Volta Region

Ms Shani Cooper, Israeli Ambassador to Ghana, Liberia and Sierra-Leone has pledged the support of the Israeli Government to...
Gross Domestic Product (GDP)

4 percent of every country’s GDP should be allocated to education

The Group of Friends for Education and Lifelong Learning on Friday reiterated the need for every country to allocate at least 4 percent of...
Lujiazui Financial City, Shanghai shines at night, December 2019. Photo by Yan Daming, People's Daily

China’s per capita GDP exceeds US$10,000

By Lu Ya'nan China recently released its economic performance of 2019. The country's GDP totaled 99.0865 trillion yuan ($14.38 trillion), up 6.1 percent year on...
Gross Domestic Product (GDP)

Economists agree with World Bank’s projection for South African growth

South African's economists said the country's gross domestic product (GDP) growth for 2020 was likely to be below 1 percent, citing several factors. ...
Market in Ghana

Ghana’s economy grew 5.6 percent in third quarter of 2019

The country’s economy grew a provisional 5.6 per cent for the third quarter of 2019 year-on-year compared to the 7.4 per cent recorded in...

Hollard Ghana, Vivo Energy take insurance to customer’s doorstep

Considering the low penetration of insurance services in Ghana, which is said to be just a little over one percent (1%) of the country’s...

Kenyan account deficit narrows to 4.1 percent of GDP amid high inflows

Kenya's current account deficit narrowed to 4.1 percent of the gross domestic product (GDP) in October, supported by the rise in inflows amid low...
the world bank

World Bank Commends Ghana’s Strong Economic Growth

Ghana’s economic growth has been strong over the past decade, with annual GDP per capita growth at an averagely 4.4 percent between 2006...

Monetary Policy Committee maintains rate at 16 percent

The Monetary Policy Committee has kept its policy rate unchanged at 16 percent for the fifth session in a row. Addressing a press conference in...
Ken Ofori-Atta, Minister of Finance

TUC wants gap between macroeconomic stability and living standards bridged

The Trades Union Congress, in its analysis of the 2020 Budget, has urged the Government to work to address the weak link between...

Gov’t charged to prepare realistic budget to avoid credibility issues : SEND GHANA

SEND GHANA has drawn government's attention on its budget credibility and overdependence on donor funding, which cut across every sectors of the economy. According...
Ken Ofori Atta

Gov’t to use GHC85.9 billion as Total Expenditure for 2020

Government has proposed to use GH¢85.9 billion as Total Expenditure for the 2020 fiscal year, which is 21.6 per cent of Gross Domestic Product...

Aid cannot be a dependable source for sustainable development”- Senior Minister

Mr Yaw Osafo-Maafo, Senior Minister at the Presidency, has said Ghana cannot continue to depend on foreign donor support to cushion its fiscal annual...
Consumer Confidence

Ghanaian consumer confidence shoots up by 10 points

Marginal increase in Nigerian consumer confidence, but sentiment still positive Ghana’s latest Consumer Confidence Index (CCI) for the second...

We need to challenge climate change doubters before it’s too late

Imagine a London where the entire subterranean region is engulfed with dirty water. Crammed train carriages that once barrelled along 249 miles of track...
Ghana Anti-Corruption Coalition (GACC)

Empowering civil society on revenue utilization : GACC

The Ghana Anti-Corruption Coalition (GACC), has disclosed that, the persistent inability of a significant proportion of the Ghanaian population with the current poverty level...

Ethiopia’s R&D spending accounts for only 0.27 percent of GDP

Ethiopia's expenditure on research and development only accounts for 0.27 percent of the country's gross domestic product (GDP), a government study said on Wednesday. ...
domestic bond

Remittances contributed massively to GDP in Africa

Remittances to Sub-Saharan African countries in 2018 contributed substantially to the Gross Domestic Product (GDP) of these nations, as transfers grew almost 10 per...
Airteltigo Business

AirtelTigo Business Transformation scheme for SMEs in Ghana

In the central business districts of Accra, Tamale, Takoradi, Kumasi and other regional capitals of Ghana, start-ups as well as established Small and Medium...

Ghana’s Insurance Industry Contributes Very Little to Ghana’s GDP

Government has charged the National Insurance Commission (NIC) to strive to play its regulatory role effectively to bring vibrancy to the insurance industry. “The Commission...
Fuel Economy

Kenya’s economy to expand by 6.5 percent in 2019

Kenya's economy is expected to expand by between 6.5 and seven percent in 2019, economic experts said on Thursday. Metropol CEO Sam Omukoko told a...

IMF Issues Caution to Uganda on Likely Rise in GDP Ratio of 49.5 %

The International Monetary Fund (IMF) on Tuesday warned that the ratio of Uganda's public debt to Gross Domestic Product (GDP) will rise to 49.5...
market in Nigeria

Nigeria’s GDP grew 1.9 in 2018

Nigeria grew its gross domestic product (GDP) nearly 2 per cent last year, data from the National Bureau of Statistics shows. According to the NBS,...
WASH Budget

Ghana risks missing SDG-6 targets due to low financing

Ghana stood the risk of missing out on the Sustainable Development Goal –Six (SDG-6 ) targets due to low financing for the sector, Civil...

Millions of jobs to be affected by trade conflicts-UN

According UN's new regional report,trade will slow in 2019;as millions of jobs will also be put at risk by trade conflicts. Coinciding with...

Corruption Denies The Poor And Marginalized Access To Quality Services

Corruption in its form is costly and its impact is pervasive. It affects economic growth, level of GDP per capita, investment activity and its...

BoG Maintains Lending Rate At 17%

At a press conference of the 84th regular meeting of the Monetary Policy Committee (MPC) today the 24th September, 2018 in Accra, BoG did...