Business

The Ugandan President, Mr Yoweri Kaguta Museveni, has stressed the need for Africa and China to establish an equitable trade and development models that will accelerate efforts for growth. He said Africa and China need to work for win-win frameworks and noted that China, through its support for infrastructure, which is the base of the production of tradable goods and ...

Fiscal policy think tank, the Institute for Fiscal Studies (IFS), has bemoaned the low numbers of people covered by pensions in the country and further revealed that the informal nature of the economy had left well over 80 per cent of Ghanaians without sustained income upon retirement. The issue of low pensions coverage is more pronounced with women, with men ...

Some frustrated customers of troubled fund management companies say they have lost confidence in the Securities and Exchange Commission (SEC) because SEC appears unable to compel the companies to release their matured funds to them. There are particular demands on SEC by clients of Gold Coast Fund Management Limited and Beige Capital Asset Management Ltd with some accusing SEC that ...

African and non-regional donors on Tuesday pledged $17 million to replenish the Africa Solidarity Trust Fund, an initiative which aims to provide food security and eliminate rural poverty on the continent. The pledges were made at a high-level donor round table convened by the United Nations Food and Agriculture Organisation (FAO) and Equatorial Guinea President Obiang Nguema Mbasogo, on the ...

Over the years Real Estate and Housing contribution to Ghana’s economic growth has been grossly overlooked and undocumented. Housing development has mainly been an individual affair. Central Governments have not captured housing as part of national wealth and assets. One major reason is the lack of a national housing development programme or policy document highlighting central government housing priorities. This article discusses the importance of housing and ...

Italy joined the eurozone in 1999, with Prime Minister Massimo d’Alema of the “Democratic Left” party. This fateful participation, which entailed the complete loss of independent monetary policy, is undoubtedly the main cause of the disappointing performance of the Italian economy. The country’s GDP currently stands at EUR 1.75 trillion euro and its growth rates are extremely anemic, reaching just ...

Discussants at a roadshow in Accra have called for a harmonised and stronger competition law regime in Africa. The panelists, who have wide expertise in law, economics, trade and politics, said the lack of such a system in place had given room to multi-nationals and developed countries to take advantage of African nations. Speaking at the International Commercial and Trade ...

The Quiz Mistress  for the National Science and Maths quiz, Dr Elsie Effah Kaufmann, has called for the need to reassess the objectives of university education in the country. She said for a long time, the focus of university education had been on getting a degree, rather than learning the required skills to solve specific problems in the country and ...

The Informal Hawkers and Vendors Association (IHVA) of Ghana has called on the government to come up with a comprehensive policy to regulate the activities of street hawkers and vendors in the country. The absence of a clear policy framework, the association said, denied the government the opportunity to collect the appropriate revenue from such trade activities across the country. ...

Saudi Arabian budget airline Flynas plans to open a hub in West Africa or the Balkans within five years to expand beyond its oversupplied domestic market, according to the airline’s chief executive officer. “Since we are a short-haul carrier, we seek to link those hubs with the current hubs in Saudi Arabia,” CEO Bander Al-Mohanna said Tuesday in an interview at ...