South Africa's powerful trade union federation Cosatu, a key coalition partner of the ruling ANC, on Tuesday called for embattled President Jacob Zuma to resign following a deeply unpopular cabinet...
South Africa's credit rating has been cut to junk status by the ratings agency S&P Global. The agency said that political upheaval, including the recent sacking of finance minister Pravin...
South Africa's credit rating has been cut to junk status by the ratings agency S&P Global. The agency said that political upheaval, including the recent sacking of finance minister Pravin...
Credit rating agency Standard and Poor's downgraded South Africa's rating to junk status on Monday, as the country's currency continued to slide following a controversial cabinet shuffle. "The...
Worries over the health of South Africa's economy continued on Monday, as comments by the new finance minister failed to stem a fall in the rand. The value of currency fell 1.5% to a two-month low,...
Worries over the health of South Africa's economy continued on Monday, as comments by the new finance minister failed to stem a fall in the rand. The value of currency fell 1.5% to a two-month low,...
An economist, Courage Kinsley Martey, is warning Ghana’s economy is likely to be downgraded further by international rating agencies. His prediction is premised on the country’s rising debt....
An economist, Courage Kinsley Martey, is warning Ghana’s economy is likely to be downgraded further by international rating agencies. His prediction is premised on the country’s rising debt....
Ghana's President Nana Akufo-Addo has taken power with ambitious plans to revive once spectacular economic growth, only to discover a $1.6 billion hole in the budget and a deficit twice as high as...
Ghana might record a possible downgrade by credit rating agencies during their periodic assessments of economies in Africa. The recent publications by Standard & Poor rated Ghana B- with a stable...
Toshiba's dreams of becoming a nuclear energy leader have turned into a nightmare. Rattled investors have wiped $6.6 billion off the company's market value after it warned of huge losses tied to its...
New Zealand Finance Minister Bill English was confirmed as the country's new prime minister on Monday, as expected, a week after John Key announced his surprise resignation after eight years in the...
Italian Prime Minister Matteo Renzi resigned on Wednesday after a bruising referendum loss at the weekend, with most parliamentary factions pushing for an early election in a few months' time. The...
South Africa's government has proposed a national minimum wage of 3,500 rand ($242; £199) a month. About 47% of working South Africans earn less than the wage, which is being introduced to combat...
Two young lawmakers disqualified by Hong Hong's High Court from the city's legislature have vowed to appeal the judgment. The court on Tuesday disqualified lawmakers Sixtus "Baggio" Leung and Yau...
“Objects we ardently pursue bring little happiness when gained; most of our pleasures come from unexpected sources.” Herbert Spencer HERBERT SPENCER coined the phrase “survival of the...
Former President of Association of Ghana Industries (AGI), Dr Prince Kofi Kludjeson says although he welcomes the plan of the New Patriotic Party (NPP) Presidential candidate, Nana Addo Dankwa...
The recent affirmation of the Government of Ghana's issuer and senior unsecured rating at B3 and change in the country's economic outlook to stable from negative by international rating agency,...
President John Mahama is not feeling the suffering of most Ghanaians because he is cocooned in the trappings of being in power, flag bearer of the main opposition New Patriotic Party (NPP), Nana...
New Patriotic Party (NPP) Vice-Presidential candidate Dr Mahamudu Bawumia says President John Mahama's display of economic understanding is getting embarrassing. He says Mahama has misinterpreted...
