Elementor #680
Innovation is not just about creating something new but about improving people’s lives.
Ghana’s decades of darkness: Finance or Incompetence? The Road Map
In today’s era of industrialization, where all aspects of our lives are so dependent on electricity for the smallest chores like charging a mobile phone to powering industrial units, the idea of life without electricity or a single day with no electricity may be a terrible thought to some people, yet, this is so common…
TUNANI’S TAKE: COVID-19 AS A CRITICAL JUNCTURE TO CREATING A NEW GHANA AND AFRICA
The novel coronavirus is claiming lives and crippling economies around the world. Historical accounts and some development economic literature have shown that pandemics, to a large extent, inevitably cause enormous changes in economies, politics, international relations, religion, institutions, human interaction, and technological advancement, etc. What do all these pandemics mean to both the developed and…
Economy expected to slide for 2-3 years before rebounding
Finance Minister, Ken Ofori-Atta is expected to present the government’s mid-term budget review to Parliament on Thursday, while speculation is rife about the negative economic impact of the novel coronavirus on government projects and programmes. Mr. Ofori-Atta was engaged by a section of the media on his expectations and we must admit he gave a…
Gov’t’s 2020 GDP growth revised to 0.9 from 6.8%
Huge revenue losses associated with the outbreak of COVID-19 and projected losses due to the impact of the pandemic has pushed government to downgrade its Gross Domestic Product (GDP) growth from 6.8 percent to 0.9 percent. This was announced by the Minister of Finance Ken Ofori Atta during the presentation of the Mid-Year Review of…
AfDB Regional Economic Outlook 2020: Harnessing West Africa youth workforce could speed economic recovery in the post-COVID-19 era
The report points to policies needed to improve skills to empower the West African labour force Growth in West Africa, poised to expand by 4.0 percent in 2020, now projected to contract by -2.0 percent in 2020; Demand for science, technology, engineering and mathematics increasing, though school enrolment, retention rates poor. West Africa’s burgeoning youth…
Moody’s – Coronavirus fallout poses a long-lasting economic, financial and social threat to African sovereigns
African sovereigns’ border closures and broader lockdown measures have significantly slowed small-scale trade across Africa, a crucial source of income and employment on the continent Recovery will be slow and there is a risk of longer-term scarring from the crisis Falling revenues from economic slowdown, spending on measures, and a rise in healthcare spending will…
Xi’s trade-off: strategic patience versus political legitimacy
How much longer can Xi Jinping claim political legitimacy as guardian of the great Chinese nation? His policy choices on Taiwan, Trump and Tiananmen, combined with a slowing economy, could prove treacherous, argues Greg Austin. China’s President Xi Jinping is facing a leadership crisis. During the November 2019 BRICs summit, he described the current set…
