According to new estimates, China now finances overseas development at nearly the same level as the World Bank. With countries currently struggling to combat COVID-19, protect the vulnerable, and mount a green and inclusive recovery, this significant increase in global development funding could potentially bring major benefits to the...
On November 23, Russian senators, academicians, researchers and experts gathered to discuss the export of non-commodities to Africa at the interactive webinar, organized by Federation Council of Russia, Chamber of Commerce and Industry of Russia, and Business Russia Association.
According to the organizers, the meeting was to identify funding for...
Trend and Causes
Ghana’s total debt hit GHȻ273.8 billion (71% of GDP) at end-September 2020 from GHȻ209.1 billion (62.4% of GDP) in September 2019, indicating an increase of GHȻ64.7 billion (30.9%) in one year.
Domestic debt increased from GHȻ101.4 billion (29% of GDP) to GHȻ135.3 billion (35.1% of GDP) during the...
As the world economy emerges from the COVID-19 crisis, the consumption of coal is expected to recover from its sharp decline during the pandemic.
Demand for coal remains strong and helps to fuel economic development in emerging markets. Yet many countries, seeking a more sustainable future, have been taking steps...
Two employees of Hollard Insurance, a subsidiary of Hollard Ghana, have won top awards for Claims and Risk Management at the maiden edition of the Chartered Insurance Institute of Ghana (CIIG) Awards held in Accra.
The awards scheme is the first of its kind for chartered professionals and corporate institutions...
The Rotary Club of Tema in collaboration with Rotary Club of Hoppers Crossing, Melbourne, Australia organized a two-day workshop on diabetes care and management for private sector nurses and midwives at the Tema General Hospital.
President of Tema Rotary Club, Seth Otu-Larbi said, "Rotary is a service organization whose purpose...
Cocoa farmers only earn about 6% of the chocolate industry’s total revenues
Recent studies criticising the global chocolate industry for exploitative practices have concerned ethical consumers. Cocoa farmers only earn about 6% of the chocolate industry’s total revenues. Leading chocolate companies have since 2001 made pledges to end widespread abusive...
Oil price drop will continue to take its toll on Nigerian banks while the coronavirus is reversing Ghanaian banks’ improving financial metrics
Kenyan banks’ profitability will remain strong and absorb higher loan provisioning without eroding capital but will fall for Tanzanian banks’ because of higher provisions
However, African...
In the past few months, I have dwelt relentlessly on the subject of customer experience - a mission I committed to after having a telling encounter years ago during my sojourn in the UK. The lessons from that encounter have undoubtedly been permanently etched in my memory until this...
The 2020 presidential and parliamentary elections were not only organised in an efficient manner but it also took place in a peaceful atmosphere, the preliminary findings of the European Union Election Observation Mission (EU EOM) has said.
However, shortcomings identified by previous EU EOMs, mainly relating to the transparency of...