Latest economy stories from around the world.
President John Dramani Mahama has commended Trade, Agribusiness and Industry Minister Elizabeth Ofosu-Adjare for her active engagement with businesses and efforts to address challenges confronting Ghana’s manufacturing and industrial…
Nestlé Ghana has expanded its Tema factory with a new evaporated milk production line, significantly increasing the company’s capacity to manufacture one of its major products locally.
KIGALI — Rwanda’s pension contributions rose by 51.7% to Rwf457 billion in the year to June 2026, as reforms to the pension system combine with stronger investment performance and improvements…
The Deputy Finance Minister, Thomas Nyarko Ampem, has assured that the cedi will remain stable, describing the stability of the local currency as a major relief for households seeking to finance their homes.
Ghana’s inflation rate increased marginally to 5.2% in September 2026, from 5.0% in August, reversing the downward trend recorded in previous months. The latest figures from the Ghana Statistical Service (GSS) show that despite the…
NAIROBI – Rwanda’s relationship with Kenya has become increasingly anchored in the infrastructure through which its trade, energy supplies and investment move, with Kigali now maintaining a physical presence at…
The maiden Opplift Youth Entrepreneurs Summit 2026, an initiative of Opplift, took place on Friday at the British Council Auditorium in Accra.
Chief Executive Officer and sole shareholder of Dzata Cement Limited, Ibrahim Mahama, has reaffirmed his belief in the ability of Ghanaians to establish and own large-scale businesses without relying solely on foreign companies.
KIGALI – Rwanda’s economy is expanding far faster than initially projected, but the strong growth comes against a difficult backdrop of high inflation, tighter monetary policy and pressure to keep…
The Ghana Cocoa Board (COCOBOD), through its wholly owned special-purpose vehicle, Cocoa Capital PLC, has raised GH¢3.39 billion from the first tranche of its Commercial Paper (CP) programme.
The Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Kwasi Sarpong, has received and hosted a delegation from Aksa Energy led by the company’s Chief Finance Officer, Cevdet Yalcin, at the GRA Head Office in Accra on…
KIGALI — With global diesel markets remaining unusually tight and refining margins elevated, the Rwandan government is facing growing pressure to expand its existing fuel subsidy if it wants to…
Dr Cassiel Ato Forson, the Minister of Finance, on Friday engaged the Association of Ghana Industries (AGI) and leading industry executives as part of consultations towards the 2027 Budget.
Gold steadied on Tuesday but hovered at a more than seven-week low on concerns that the Federal Reserve may keep interest rates higher for longer, while investors awaited a slew of US economic data.
People who report tax evasion in Rwanda will receive a reward equal to 5% of the principal tax recovered by the Rwanda Revenue Authority, with the payment capped at Rwf10…
The Ghana Cocoa Board (COCOBOD) has established a special-purpose financing vehicle, Cocoa Capital PLC, to support and supervise a planned GH¢16.3 billion domestic fundraising programme.
The Minister for Labour, Jobs and Employment, Emmanuel Kwadwo Agyekum, has urged Chief Executives of State-Owned Enterprises (SOEs) to actively contribute to the development of Ghana’s proposed new public sector compensation system. Mr…
The Chief Executive of the Fair Wages and Salaries Commission (FWSC), Dr. George Smith-Graham, has called on Chief Executives of State-Owned Enterprises (SOEs) to support government’s move to establish an independent, equitable and…
Prime Minister Mark Brown has returned from Tongareva, where he led a visit to the island on September 22, with the United States Ambassador to the Cook Islands Jared Novelly, and the New Zealand High Commissioner to the Cook Islands,…
The Fair Wages and Salaries Commission (FWSC) on Friday engaged chief executive officers of State-Owned Enterprises (SOEs) on the transition to the Independent Public Emoluments Commission (IPEC). The stakeholder meeting brought together…
The Cook Islands is on track for another year of solid tourism performance, with visitor numbers and demand showing impressive strength going into the 2027 season, according to Cook Islands Tourism.
‘Speculations’ of a United States military base on Penrhyn (Tongareva) have been clarified, according to the island’s executive officer Puna Vano.
Burundi is importing growing amounts of goods from Rwanda despite closing their common land border in January 2024, offering a striking example of how commercial needs can continue even as…
Economist Professor Peter Quartey has warned that Ghana remains highly vulnerable to external economic shocks due to its dependence on imported fuel and gold exports.