Latest Finance News
Hopes high as AfCFTA launches Guided Trade Initiative
The initiative seeks to test the operational, institutional, legal and trade policy…
South African rand weakens after strong U.S. jobs data; stocks slide
At 1523 GMT, the rand traded at 18.1000 against the dollar, 0.6%…
A miracle can’t save Ghana’s economy – former minister, Seth Terkper
He said the economy is so bad that the managers of it…
Ghana’s debt stock up ¢9bn to ¢402.4bn in July 2022 – BoG
This is equivalent to 68% of Gross Domestic Product, and is in…
Ghanaian Cedi loses 37.5% in value to dollar as of September 30, 2022 – BoG
At the same time, the cedi had depreciated by 24.1 percent, and…
Nigeria Plans 15% Increase in Borrowing to Fund Record Deficit
DESPITE the outcry against frequent borrowing, the federal government Wednesday hinted of…
World Bank classifies Ghana as high debt distressed country; debt to GDP to hit 104%
According to its October 2022 Africa Pulse Report, debt is expected to…
South African rand strengthens ahead of central bank policy review
South Africa's rand strengthened in early trade on Tuesday, ahead of the…
We’re working to speed up IMF deal – Ghana’s Finance Minister
He said Ghana is looking at getting an agreement that will be…
Ex-central bank chief named Kenyan finance minister amid rising inflation
Kenyan President William Ruto on Tuesday appointed former central bank governor Njuguna…