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IMF forecasts 0.8 percent growth for Zimbabwe in 2020

The International Monetary Fund (IMF) on Wednesday projected a 0.8 percent growth for Zimbabwe's economy 2020, much lower than a 3 percent forecast by...
Photo taken on Sept. 18, 2019 shows U.S. dollar banknotes in Washington D.C., the United States. U.S. Federal Reserve on Wednesday lowered interest rates by 25 basis points amid growing risks and uncertainties stemming from trade tensions and a global economic slowdown, following a rate cut in July that was its first in more a decade. (Xinhua/Liu Jie)

UK SMEs optimistic on growth in 2020

Following a strong performance in the fourth quarter of 2019, small and medium-sized enterprises (SMEs) in Britain showed optimistic sentiment for the growth prospect...
Wpid Money Growth

Epidemic won’t change China’s economic momentum for growth

By Hong Lefeng Since the outbreak of the novel coronavirus pneumonia, China’s governments at various levels have issued a package of emergency measures, which have...
Vladimir Putin

Putin sets task of reaching Russian investment growth of 5-7 percent annually

Russia is to launch a new investment cycle in order to achieve an annual investment growth of 5 to 7 percent, President Vladimir Putin...

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...

Ghana ranks second highest receiving country for remittances

Leading mobile payments company WorldRemit saw a 43% growth in remittances to Africa from higher income nations in 2019. The top five countries receiving remittances...
Foreign direct investment (FDI)

Africa needs more foreign direct investment to propel growth

Foreign direct investment (FDI) is both necessary and important for Africa's economic transformation and growth, an economic expert said on Wednesday. Grayson...

IMF says Sub-Saharan Africa growth to pick up to 3.6 percent in 2020

The growth in sub-Saharan Africa is projected to rise to 3.6 percent in 2020 from 3.2 percent in 2019, according to the 2019 Regional...
Mining Industry

Mining companies must adopt latest technology to promote growth, profitability and sustainability – Lands...

The mining industry have been urged to adapt and adopt modern technology and innovations to achieve long term growth for the benefit of all...
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...

Zambian annual inflation registers double digit growth

Zambia's year-on-year inflation increased by 1.2 percentage points to a double digit figure in September, the country's statistics agency said on Thursday. ...

Namibia economy needs to diversify to find growth

Namibia needs to find ways of diversifying its struggling economy and cutting down the reliance on mining industry for sustenance, the vice chairperson of...
Wpid Money Growth

South Africa’s economic growth blueprint warmly received

An economy paper released by the National Treasury looking at proposed measures to revive South Africa's stagnant economic growth, create employment and reduce barriers...

FCPF to reduce carbon emissions through climate-smart cocoa production

Ghana with one of the highest deforestation rates in Africa, has become the third country to sign a landmark agreement with the World Bank...

Ghana set to see steady GDP growth into 2020

Economic Researchers at Standard Bank, parent company of Stanbic Bank Ghana are predicting a steady growth in Ghana’s GDP going into 2020. According to...

Southern Africa cattle population growth decreasing due to drought

A report on livestock production trends in SADC member states revealed Wednesday that Southern Africa's cattle population growth rate has been decreasing since 2014. ...
Integrity Discussion

Banks urged to support Ghana’s Oil Sector Growth

Mr Osei Gyasi, the Head of Banking Supervision of the Bank of Ghana, has urged banks to meaningfully support growth of the oil sector...
Bopp Meeting

BOPP Chalks Success in Palm Fruit Processing

The Benso Oil Palm Plantation Limited (BOPP) in 2018 processed 115,566 metric tonnes of palm fruits, an increase of six percent over 2017. The growth...
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...
Wpid Money Growth

Diversification a necessity for Zambia’s economic growth

Diversification is key to economic growth for Zambia, experts said. It is believed that the need to diversify an economy is particularly...
First Atlantic Bank

First Atlantic Bank records impressive growth

Three months into the new dispensation for Ghana’s universal banking industry, First Atlantic Bank has shown remarkable growth following the restructuring by the Bank...
World Bank

WB advise Africa to inspire growth through digital transformation

Mr Albert Zeufack, the World Bank’s Chief Economist for Africa, on Monday, urged African nations to embrace digital transformation to modernise their economies and...
Dr Daniel Mckorley

McDan Supports Tennis Growth

Dr. Daniel Mckorley, Chief Executive Officer of McDan Group of Companies, has said, his outfit is keen on developing and promoting tennis in the...
Maize roughage

Maize production is essential to Ghana’s poultry industry

Maize production plays a crucial role in the growth of Ghana’s poultry industry, Mr Victor Oppong Adjei, President of the Ghana National Association of...
United Bank for Africa (UBA)

UBA earnings hit N494bn, records significant asset growth

Growth driven by market share gains across Africa, bank says The United Bank for Africa Plc, the Pan-African financial institution, on the weekend announced...
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...
Raising interest rates could slow Russia's economic growth ?

China’s New Economic Drivers Expected to Unearth Growth Potential

Downward pressure on the Chinese economy has worried global investors, but national lawmakers and political advisors attending the ongoing annual "two sessions" are optimistic...
Africa Ceo Forum

AFRICA CEO Forum Awards 2019 is Themed Identifying the Growth of Female Leadership

For the 7th year in a row, the AFRICA CEO FORUM AWARDS will recognize the outstanding performance of business leaders, companies and investors in...
Mohammed Ibrahim Awal

Entrepreneurial Skill Development Is Vital to Ghana’s Socio-Economic Growth

Dr. Ibrahim Awal, minister of Business development, says the current socio-economic growth needs of the country requires strong inputs into entrepreneurial skill development. “Ghana since...
Ghana and Tunisia

Ghana and Tunisia Plans Ahead for Growth

Mrs Shirley Ayorkor Botchwey, the Minister of Foreign Affairs and Regional Integration, has hinted of a renewed commitment between the country and Tunisia to...