Global Inflation Fight Nears Victory, but Challenges Persist – IMF
The International Monetary Fund (IMF) has announced that the global battle against inflation is nearly won, with inflation projected to […]
Global Finance
Fraudulent bank staff activities on the rise- BoG Report
The year 2023 saw an increase in staff involvement in fraudulent activities recorded in Banks and Specialized Deposit-Taking Institutions (SDIs)
Global Debt Initiative: GITFiC Calls for New Financing Architecture
The Ghana International Trade and Finance Conference (GITFIC) has issued a strong call to action, unveiling a position paper that
Cedi Surpasses GH¢16 Per Dollar in Retail Market
The Ghanaian Cedi has crossed the GH¢16 mark against the US Dollar on the currency retail market. A survey conducted
Global Stock-Market Meltdown Intensifies: Tech Shares Plummet, Nasdaq Futures Down 3%, and Japanese Equities Suffer Decade-Worst Crash
The global stock-market rout accelerated on Monday, led by a steep decline in tech shares. Nasdaq 100 Index futures fell
RBI Fines Visa for Unauthorized Payment Method
The Reserve Bank of India (RBI) has imposed a penalty of 24.1 million rupees (nearly $288,000) on Visa (V.N) for
Powell: Fed Requires ‘More Good Data’ Before Considering Rate Cuts
Federal Reserve Chair Jay Powell indicated that the central bank is moving closer to considering interest rate cuts, encouraged by
Current Trends in FDI Inflows to Africa – Ghana saw a decrease of 38 percent translating to 1.5 billion USD
FDI in Africa have shifted over the last decade, with Northern and Southern Africa—which made up the majority of FDI stock in the mid-2000s—losing FDI share to Eastern Africa.
Sources of FDI Flows to Africa – China leads
United Kingdom
The United Kingdom invested nearly $18 billion in Africa from 2014 to 2018, covering 286 projects and creating 41,000 jobs. Britain, like France, still has strong ties to its former colonies in Africa, such as Sierra Leone, Kenya, Zimbabwe, Uganda, Zambia, Tanzania, and Egypt.
Traders Embrace Trump-Driven Bet on Rising US Bond Yields
Traders in the $27 trillion Treasury market are increasingly betting on higher long-term bond yields in anticipation of Donald Trump