Ghana Ranks 6th in Sub-Saharan Africa for Inflation – World Bank
In the latest findings from the April 2024 World Bank Africa Pulse report, Ghana’s inflation rate of 25.8% has been
Read MoreIn the latest findings from the April 2024 World Bank Africa Pulse report, Ghana’s inflation rate of 25.8% has been
Read MoreZimbabwe’s latest attempt at revamping its currency system commenced trading on Monday, as the nation unveiled its third gold-backed currency
Read MoreZimbabwe’s central bank has launched a new “structured currency” backed by gold, as it seeks to tackle sky-high inflation and
Read MoreFollowing weeks of sustained depreciation, the cedi has shown signs of recovery against some major trading counterparts in the past
Read MoreThe Central Bank of Nigeria (CBN) has revealed that over 75% of bids received during the auctions of government securities
Read MoreIn a significant development for economic education and empowerment, the University of Development Studies (UDS) chapter of the GITFiC AfCFTA
Read MoreThe World Bank last week also announced that it had approved the first tranche of $300 million out of the $900 million three-year budget support facility.
Read MoreThe agency also placed debt issued in Eurobonds, worth $1 billion, in “default” for the same reason
Read MoreEthiopia initially sought debt relief under the G20-led initiative in early 2021.
Read MoreInflation in Ghana has witnessed a significant decline for the third consecutive month, reaching a 14-month low of 35.2% in
Read MoreMalawi’s currency has lost nearly half its value against the US dollar, sparking concerns from some consumers in the southern
Read MoreKenya’s currency, the shilling, which is trading at a historically low rate, has been overvalued for several years, according to
Read MoreThe rupee finally settled 3 paise higher at 83.24 (provisional) against the previous close. Rupee consolidated in a narrow range
Read MoreThe South African rand was stronger in early trade on Wednesday, buoyed by a weaker dollar, ahead of September consumer
Read MoreBy Thomas Naadi BBC News, Accra Ghana – once touted as a trailblazing African economic success story – is facing
Read MoreSeniors on Social Security were thrown a major bone at the start of 2023, when their benefits rose 8.7%. That
Read MoreThe government is spending more on public services than it raises in tax. To bridge this gap it borrows money,
Read MoreIraq is set to ban cash withdrawals and transactions in U.S dollars as of Jan. 1, 2024, as part of
Read MoreSouth Africa’s central bank Governor Lesetja Kganyago said on Thursday that the bank would not step in to protect the
Read MoreThe Ghana cedi is expected to remain relatively stable against the US dollar this week as risk-off investor sentiment cools
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