Vice President Prof. Naana Jane Opoku-Agyemang has expressed concern over the low participation of African SMEs in export trade, noting that fewer than 20 per cent engage in cross-border business. She said financial, regulatory and structural barriers continue to limit the involvement of women and young people, slowing regional trade, industrial growth and job creation across the continent.
MPact, a major South African paper and plastics manufacturer, has announced plans to proceed with retrenchments as it contemplates closing
President John Dramani Mahama has ordered the National Investigation Bureau (NIB) to launch an immediate and comprehensive probe into claims
South Africa announced on Tuesday that it will increase the national minimum wage by 5% starting 1 March, raising the hourly rate to R30.23 ($1.89) from the previous R28.79 ($1.80).
Eurozone inflation eased to 1.7% in January, according to preliminary data released Wednesday by Eurostat. Economists surveyed had also anticipated
Nigeria is advancing its abundant natural gas resources as a key driver of Africa’s industrial development and energy transition, amid
Africa’s reliance on imported petroleum products is draining resources needed for local capacity building and industrial growth, Nigeria’s Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has said, stressing that retaining energy value within the continent could be economically transformative
The Institute of Economic Affairs (IEA) has rejected the government’s proposed sliding-scale mineral royalty framework, describing it as a continuation
GUTA has urged the Bank of Ghana to fast-track measures to bring commercial lending rates to single digits, following the recent policy rate cut to 15.5 percent. The move, the association says, would lower borrowing costs, expand credit access for traders and SMEs, and support business growth amid improving economic conditions.
Ghana’s crude oil receipts fell to about $198 million in the second half of 2025, reflecting fewer liftings and lower global oil prices, according to data from the Bank of Ghana.
