Egypt announced Monday a social welfare programme worth $2.5 billion to include increased subsidies and tax exemptions for the country's poorest as inflation reaches record levels. Prices have soared...
The former Bank of Ghana (BoG) Governor, Alex Ashiagbor, who served from 1977 to 1982 has died, a family member has confirmed to Joy News. According to the source, he passed on last Friday at the...
Confidence in Pakistan is growing, but economists believe the country will need to register sustained growth of six to eight percent over several years to make a significant dent in poverty and...
Ramadan is a time for daytime fasting and lavish evening feasts, but Egyptians are scaling back preparations for the Muslim holy month this year after austerity measures fuelled decades-high...
The Bank of Ghana is set to increase the minimum capital of banks from GH¢120 million to GH¢200 by July this year, following extensive engagements with stakeholders in the financial sector. This is...
An extension would reassure markets and also likely bring in additional IMF funds Ghana's government will ask the International Monetary Fund to extend its support programme to December 2018 from...
The Asantehene, Otumfuo Osei Tutu II, has commended the government for its bold step to halt illegal mining (galamsey), that is destroying the environment. He has, therefore, given his blessing to...
The Bank of Ghana (BoG) has cut its benchmark interest rate by 100 basis points from 23.5 to 22.5 percent, citing a downward trend in inflation towards medium term targets. The BoG has set eight plus...
Bongo MP, it was NDC that came out of a coup d’état! I read with a glint of incredulity all over my face about the Bongo MP’s isolated thinker’s assertion that President Akufo-Addo is...
Russia is heavily dependent on oil exports and was hit hard when crude prices started to crash The country is recovering nicely from a recession and should see economic growth of 1.4% this year,...
In what may appear to be a disappointing news for industry, some economists are predicting that the central bank will maintain the monetary policy rate in its next review instead of further reducing...
Japan has posted its longest economic expansion in over a decade, government data showed Thursday, chalking up a win for Tokyo's growth bid even though the battle to conquer deflation is still far...
The challenge triangle of the Ghanaian Nurse “I have lived and slept in the same bed with English Countesses and Prussian Farm Women…no Woman has excited Passions among Women than I have.” The...
Ratings agency Fitch has lauded government’s efforts in getting the economy back on track after a recent ‘crisis’ that forced the economy to seek solace in a US$918 million bailout from the...
China's factories and workshops saw their output slow sharply in April, data showed Monday, as the world's second-largest economy grapples with weakening demand. The data comes as China hosts an...
Suffering from rampant inflation, stalled investment and mass layoffs, Nigeria is still gripped by one of the worst economic crises in its history. But for the first time in months, the West African...
The supposed sex video of the Chinese lady and a Ghanaian MP circulating on social media Talking-head journalist Kweku Baako and Anas Aremeyaw Anas promised to release a sensational investigative...
The International Monetary Fund said Friday it will release the second tranche of a $12-billion loan to Egypt, in a "vote of confidence" in the country's economic reform programme. The amount of...
Fitch ratings agency upgraded Ghana’s outlook to stable on Friday and said the government was making progress in stabilizing the economy after a period of crisis. The agency kept its ‘B’ rating...
Fitch ratings agency has on Friday upgraded Ghana’s outlook to Stable. Fitch says Ghana is making progress in stabilizing the economy after recent “crisis period”, with expected revival in GDP...
