Economy

In a conversation with IMF Country Focus, Rwanda’s Minister of State in Charge of National Treasury Richard Tusabe explains how his government is leveraging technology and grass-roots networks to fight the spread of COVID-19 and ensure financial support for households and businesses. What has been the impact of COVID-19 on...

As a domestic worker, Amsale Hailemariam knew from the inside out the luxury villas that had grown up around her simple shelter of raw metal and plastic sheeting. And in them, she saw how her country, Ethiopia, had transformed. The single mother told herself, “Oh God, a day will come...

Mr. Serebour is a wealthy spare parts merchant in Kumasi Suame Magazine, a hub of the automotive industry in Ghana. He started as a heavy -duty truck mechanic. By dint of business acumen he now has investments in real estate and transport businesses. These companies employ several young graduates,...

If you are a venture capitalist, you are almost certainly a man. But you would do well to know that your best chance to outperform the market is to invest your money in a company led by a woman. That rule of thumb – cherchez la femme – would radically...

Opinion scores on the impact of tax systems and policies on the growth of SMEs in Ghana vary among business owners and managers. Do the tax systems and policies in Ghana impede SMEs growth? Do the tax systems and policies drain the investments of SMEs owners? Is poor tax...

'Productivity’ has become a buzzword with positive connotations – but what happens when getting things done is taken to an extreme? Reza Jafery has been something of a workaholic since he was in first grade. Whenever he was assigned homework, he’d head straight for the library at the end of...

Chief Executive Officer of Vodafone Ghana, Patricia Obo Nai, has reaffirmed the telecommunications giant’s commitment to supporting Micro, Small and Medium Scale Enterprises (MSMEs) during and after the COVID-19 pandemic. In her opening address at the maiden edition of the Vodafone Business Runway, she outlined several measures that have been...

Though the COVID-19 Alleviation and Revitalisation Enterprises Support (CARES) programme is a very good initiative, the financing model raises questions about its sustainability, hence the phases must be implemented slowly, Director of the Institute of Social, Statistics and Economic Research at the University of Ghana, Professor Peter Quartey, has...

NEW YORK – The robots are no longer coming; they are here. The COVID-19 pandemic is hastening the spread of artificial intelligence (AI), but few have fully considered the short- and long-term consequences. In thinking about AI, it is natural to start from the perspective of welfare economics – productivity...

Welcome to another week of financial learning. I believe we are all well and staying safe in these abnormal COVID-19 times! COVID-19 officially hit the shores on Ghana in the early part of March 2020. Events after the first announcement led to full and partial lockdowns, a ban on the...