Friday , August 6 2021

Business

Sub-Saharan Africa to see slow growth – World Bank

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Latest report released by the World Bank has predicted economic growth in Sub-Saharan Africa to slow again in 2016, to 2.5 percent, down from an estimated 3.0 percent in 2015. More alarming, the World Bank is also forecasting commodity prices to remain low with weak global activity, and tightening financial …

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NDUOM IS RESPONSIBLE FOR THE BAD STATE OF VALCO- NDC PREACHER

A preacher of the NDC gospel Solomon Nkansah have blamed Dr. Papa Kwesi Nduom, a business mogul and founder and leader of the Progressive Peoples Party(PPP) should be blamed for the current state of the Country’s main aluminum processing factory, Volta Aluminum Company(VALCO). The Chief communication officer of the ruling …

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NEW IMF REPORT FORECAST A 4.5% GROWTH RATE FOR GHANA

The Ghanaian economy will record a marginal growth for 2016 compared to what it achieved last year, according to the International Monetary Fund (IMF)’s regional economic outlook report for 2016. According to the IMF, the marginal growth will be influenced by the recent slowdown in commodity prices on the international market. The Fund puts end …

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GOV’T ACHIEVED IN 7 YEARS WHAT IVORY COAST DID IN 1 YEAR – ECONOMIST

An economist with the Institute for Fiscal Studies (IFS) Dr. Said Boakye says the economic progress being touted by government entails gains too inferior to claim credit for. He indicated that government is neglecting a bigger economic picture which shows it is performing poorly. Said Boakye’s analysis follows government’s confidence after it …

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GM foods not on market

The National Biosafety Authority (NBA) says Ghana has not yet introduced Genetically Modified (GM) food onto the market contrary to reports by anti-GM crusaders that the produce were on the market. Acting Chief Executive Officer (CEO) of the NBA, Eric Okoree, who was reacting to rumours about GM food, said …

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