The conflict in the Gulf is not a distant abstraction. Its economic shockwaves are already lapping at Caribbean shores.
By Gregory Simpkins As we have entered 2026, the world community is experiencing heightened tensions and could lead to global conflict. As has been the case...
The Bank of Jamaica (BOJ) has reduced interest rates by 25 basis points (bps) to 6.50 percent per annum, a decision announced by the central bank...
The International Monetary Fund (IMF) has noted the resilience demonstrated by the Caribbean and Latin America region amid the challenges posed by the COVID-19 pandemic. According...
In the inaugural release of a report dubbed ‘Africa’s Macroeconomic Performance and Outlook’ released on January 19, the African Development Bank (AfDB) Group reported that “growth...
By Ishioma Emi International lenders such as the World Bank and the International Monetary Fund (IMF) have issued warnings of a potential global recession. This situation...
Reuters | Ghana has started a bulk purchase initiative to buy gold locally to raise the gold component of its reserves, Central Bank Governor Ernest Addison...
Reuters | Ghana is committed to managing its debt without assistance from the International Monetary Fund (IMF), Finance Minister Ken Ofori-Atta said, expressing his confidence that...
Nigeria’s new central bank chief Godwin Emefiele took office on Tuesday with a mandate to ward off pressure to devalue Nigeria’s currency and manage rising inflation....
Rwanda’s economy is expected to grow by 6 percent this year from 4.6 percent in 2013, while inflation will remain contained, the IMF said. Growth in...
In a statement issued on its website, the Central Bank of Kenya (CBK) noted that recent pressure on the shilling exchange rate is seasonal. Moreover, the...
South Africa’s Reserve Bank is caught in a dilemma between rising interest rates in a shrinking economy or leaving it on hold for a while, or...
Africa is expected to lead population expansion in the next half century that will help spur regional economic growth. “Of all global regions, Africa will lead...
You know you are in trouble when pastors are seeking divine intervention for your currency. On the Sunday that followed the Bank of Ghana’s attempt to...
Ghana’s central bank kept its benchmark interest rate unchanged to help support growth in the West African economy after tightening monetary policy at an emergency meeting...
Ghana’s annual producer price inflation rose sharply for a second month in February to 27.1 percent year-on-year from 23.3 percent in January, due mainly to utility...
Emerging markets (EM) are struggling to finance their economies now that global capital is heading back to the United States, where the gradual ending of cheap...
Rwanda says it is likely to miss its 2013 economic growth forecast of 6.6 percent after the performance of the service sector fell short of expectations...
Ghana’s central bank is likely to raise its policy rate by at least 100 basis points on Thursday to 17 percent in a drive to tame...
(Bloomberg) — Inflation in East Africa may slow this year as food prices ease, while rising oil costs will probably boost imports and widen trade deficits,...
(Reuters) – Zambia’s inflation slowed to its lowest rate in at least 10 years this month, to 6.0 percent year-on-year from 6.4 percent in January mainly...
(Reuters) – African countries can prepare for the impact of the euro-zone crisis that threatens to derail economic growth on the continent by improving trade between...
