By Chen WENLING Western media has frequently adopted a pessimistic stance towards the Chinese economy. These narratives reveal the underlying pressure and apprehension certain Western countries experience in the realm of economic competition. By downplaying China’s economic prowess, their objective is to undermine China’s global standing and influence. Nevertheless, these portrayals often fail to acknowledge the […] The post
By Ebenezer Ashley (PhD). The concept of inflation has attracted diverse theories from different economists across the globe. Economists with varied forms of theories on inflation are grouped into two. These include structuralists and monetarists (Nitisha, n.d.). Structural economists assert, inflation is the end-product of the imbalances inherent in economic systems; and adapt both fiscal […] The post
The opposition National Democratic Congress (NDC) has reiterated its commitment to ensuring that Ghanaians acquire wealth through its proposed 24-hour economy if elected in the 2024 elections. The NDC held its National Policy Dialogue on February 22 and February 23 to deliberate on its policy priorities for the December polls at the Peduase Lodge in […] The post 24-hour
The Presidential Candidate of the opposition National Democratic Congress (NDC), John Dramani Mahama, has stated that the massive acceptance of his 24-hour economy proposal has sent shivers down the spines of the governing New Patriotic Party (NPP). The NDC, on February 22 and February 23, held a national policy dialogue at the Peduase Lodge to […] The post My
Traditional authorities in Gomoa Fetteh are urging residents occupying portions of Zone E in the Budumburam camp to vacate within three working days. This move aims to clear the area for market women currently selling along the main Budumburam stretch, facilitating the establishment of a potential market. The Traditional Authorities cite the market activities as […] The post Road
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has underscored the importance of the 24-hour economy. According to Mr. Mahama, the 24-hour economy is the surest way for the country to achieve its significant economic expansion. He made these remarks when he addressed the party’s national policy dialogue held between February 22 […] The post 24-hour
In a groundbreaking move that could reshape Ghana’s economic landscape, Vice President Dr. Bawumia has unveiled a bold plan to revitalise the country’s mining industry, with a special focus Read More... The post Dr.
By Rabah Arezki Before the outbreak of COVID-19, Africa experienced 25 years of uninterrupted economic expansion, prompting analysts to proclaim that the continent’s growth momentum was no longer dependent on its extractive industries. As access to education and health care increased, so did life expectancy, nurturing an “Africa rising” narrative. To finance their development needs, […] The post
The German economy is in “troubled waters,” according to country’s economy minister. Robert Habeck said the German government’s forecast for economic growth for 2024 had been revised down from 1.3% to 0.2%. This means that Europe’s largest economy has effectively stalled – although it has avoided entering a full-blown recession. Mr Habeck previously called Germany’s […] The post German
In the intricate dance of financial management, personal or business, understanding your position and predicting future stability is paramount. The “run rate” concept finds its roots deep within financial analytics but extends its branches far and wide into personal and business finance. At its core, the run rate acts as a beacon, guiding individuals and […] The post The
Idris Elba and Dr Bawumia Vice President Dr. Mahamudu Bawumia engaged in a dialogue with acclaimed actor Idris Elba and his team at Jubilee House, Accra, to explore avenues Read More... The post Bawumia, Idris Elba Dialogue About
By Abdallah Kassim TIJANI Data has become the secret weapon that has propelled the growth of the digital economy in the current digital era. Much like oil was formerly thought to be the lifeblood of countries, data is currently the most important component in driving global industry transformation and economic growth. The World Economic Forum […] The post Data is the
By Barry EICHENGREEN For precisely three years, the economics profession has been collectively fixated on inflation. February 2021, exactly 36 months ago, was the last time consumer-price-index inflation in the United States (all items, 12-month percentage change) was at or below the Federal Reserve’s 2% target. This recent episode of above-target inflation now shows signs […] The post The
It appears the debate on which political party better manages the Ghanaian economy has been settled, as US-based Ghanaian economist, Prof. Dennis Nsafoah, says he hasn’t observed any significant difference after analysing economic data from 1992. The New Patriotic Party (NPP) has consistently claimed that it manages the Ghanaian economy better when in power compared […] The post Better
Banking consultant, Dr. Richmond Atuahene, has called on the government to provide more affordable funds to private sector players to help stimulate the country’s economy. He stated that this approach would enhance the Gross Domestic Product (GDP) and promote economic stability. During an Investment Dialogue on Citi TV on Thursday, Dr. Atuahene pointed out that […] The post ‘Give
Access Bank has provided funding support to three women entrepreneurs within the agribusiness sector. Each of the beneficiaries received a seed capital of GH¢100,000.00 through the “Access W” initiative, specifically Womenpreneur Pitch-A-Thon programme to upscale their business and consequently increase their access to capital. Out of a total of 50 female entrepreneurs who participated in […] The post
The NPP is at a crossroads! In nearly eight years in power, the party has presided over “a boom and bust economy.” The party is fighting for its political life as it seeks to break an eight-year electoral cycle. And the person charged with turning this apparent impossibility into a possibilityis its flagbearer, Dr. Bawumia. […] The post Bawumia’s
The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, is calling on the government to adopt the US Inspector General (IG) system to help effectively fight corruption. Commenting on the New Patriotic Party’s flagbearer, Dr. Mahamudu Bawumia’s address on his vision to Ghanaians on Wednesday, February 7, Dr. Kwakye said […] The post Ghana
The “Aya” series explores the pains and pleasures of everyday life in a working-class neighborhood in West Africa.
A court in southern Russia sentenced a Ukrainian woman to a decade in prison for spying, state-run news agencies reported on Thursday, February 8, 2024. Russian courts have handed down a string of heavy sentences, including Russian citizens against people accused of working with Ukraine during the Kremlin’s two-year military offensive against that country. The […] The post Russia
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