Tag: SLUMP
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Global commodity price slump bites Ghana’s economy – Finance Minister
The government will, for that matter, adopt measures to ensure prudent management of the revenue so they are utilized in a way to benefit...
Chinese state firms affected by slowing economy
SOEs saw combined profits slump 14.2 percent year on year in the Jan.-Feb. period to 222.6 billion yuan (34.2 billion U.S. dollars), according to...
Oil Slump: Ghana’s Tourist Industry Stood Strong
HTI Consulting’s 2015 Hospitality Market Snapshot has revealed that the hospitality industry in Ghana’s national capital, Accra, remained “resilient” despite economic challenges ranging from...
Oil Price Fall to Affect Some 10,000 Jobs
Oilfield services giant Schlumberger has cut 10,000 jobs in the last three months amid the plunge in oil prices.
News of the near-10% jobs cull...
Industrial economist cites macro-instability, for slump in Ghana’s industrialization
Moses Agyemang, Senior Economist at the Private Enterprises Federation (PEF), said the macro-instability with Ghana as an inflation-prone country made it difficult for industry...
