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Business / Companies / economics

Kenya and IMF Initiate Talks for New Lending Programme

March 17, 2025March 17, 2025 - by Allegra Nguyen - Leave a Comment

Kenya and the IMF will discuss a new lending programme as they abandon the ninth review of the existing $3.6 billion loan. Rising debt-servicing costs have necessitated continued financial support. …

Kenya and IMF Initiate Talks for New Lending Programme Read More
Companies

Kenya and IMF Initiate Talks for New Lending Programme Following Loan Review Abandonment

March 17, 2025March 17, 2025 - by Allegra Nguyen - Leave a Comment

Kenya and the IMF have decided to start formal talks on a new lending programme, abandoning the ninth review of the existing $3.6 billion loan. Continuing support is crucial for …

Kenya and IMF Initiate Talks for New Lending Programme Following Loan Review Abandonment Read More
Companies

Ghana’s $1.4 Billion Leak: The Crisis of Illicit Financial Flows

March 17, 2025March 17, 2025 - by Allegra Nguyen - Leave a Comment

Ghana loses about $1.4 billion each year due to illicit financial flows, significantly impacting its development resources. Tax evasion, excessive exemptions, and weak enforcement are contributing factors. Experts call for …

Ghana’s $1.4 Billion Leak: The Crisis of Illicit Financial Flows Read More
Companies

Ghana’s President Mahama Endorses Solana for Africa’s Fintech Advancement

March 17, 2025March 17, 2025 - by Allegra Nguyen - Leave a Comment

Ghanaian President John Dramani Mahama has endorsed Solana as a key driver for fintech and cryptocurrency adoption in Africa. He emphasized blockchain’s potential during the African Prosperity Dialogues Summit, highlighting …

Ghana’s President Mahama Endorses Solana for Africa’s Fintech Advancement Read More
Companies / economics

Ghana’s Economic Challenges: A Critical IMF Review Ahead

March 17, 2025March 17, 2025 - by Liam Nguyen - Leave a Comment

Ghana’s economic management faces scrutiny amidst significant fiscal challenges, notably GH¢57 billion in arrears and a projected public debt of GH¢726.7 billion. The April IMF review will be vital for …

Ghana’s Economic Challenges: A Critical IMF Review Ahead Read More
Companies / economics

Establishing a Debt Ceiling: A Call for Financial Stability in Ghana

March 17, 2025March 17, 2025 - by Sofia Nawab - Leave a Comment

Dr. Priscilla Twumasi Baffour advocates for a debt ceiling in Ghana to prevent excessive government borrowing, emphasizing the importance of managing national debt for economic stability. She discusses the need …

Establishing a Debt Ceiling: A Call for Financial Stability in Ghana Read More
Companies

Ghana’s $1.4 Billion Leak: Addressing the Crisis of Illicit Financial Flows

March 17, 2025March 17, 2025 - by Allegra Nguyen - Leave a Comment

Ghana loses approximately $1.4 billion annually due to illicit financial flows, significantly impacting its development. Tax evasion, excessive exemptions, and weak enforcement exacerbate this issue. Experts emphasize the role of …

Ghana’s $1.4 Billion Leak: Addressing the Crisis of Illicit Financial Flows Read More
Business / Companies / economics

New Bank of Ghana Governing Board Inaugurated to Enhance Financial Governance

March 14, 2025March 14, 2025 - by Marcus Chen - Leave a Comment

Vice-President Professor Jane Naana Opoku-Agyemang inaugurated the new Governing Board of the Bank of Ghana, emphasizing the importance of aligning policies with contemporary standards and the government’s social contract. With …

New Bank of Ghana Governing Board Inaugurated to Enhance Financial Governance Read More
Companies / economics

Ghana Abolishes IMF-linked Taxes to Combat Economic Crisis

March 13, 2025March 13, 2025 - by Allegra Nguyen - Leave a Comment

Ghana’s government has eliminated COVID-era taxes to combat a severe economic crisis, which included measures such as spending reductions and debt restructuring. The initiatives aim to stimulate growth and reduce …

Ghana Abolishes IMF-linked Taxes to Combat Economic Crisis Read More
Companies

World Bank Urges Bold Reforms for Liberia’s Economic Future

March 13, 2025March 13, 2025 - by Allegra Nguyen - Leave a Comment

The World Bank emphasizes urgent reforms for Liberia’s economy during the launch of the Liberia Country Economic Memorandum, warning that the next five years are critical for sustainable growth. The …

World Bank Urges Bold Reforms for Liberia’s Economic Future Read More

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