Ghana Central Bank governor sees room for looser policy
10 September 2019 | 6:00 am
Ghana’s central bank has additional space to loosen policy thanks to the global move toward lower interest rates, as long as inflation slows, according to Governor Ernest Addison. He was interviewed by Bloomberg TV’s Manus Cranny st the World Economic Forum on Africa in Cape Town.
Ghana's 'lean season' is particularly bad this year in the wake of the COVID-19 pandemic. Farmers are short on cash and food. But fellow farmer Nanleeb Konlan donates his surplus grain to needy farmers and villagers.
The numbers of children in Accra picking through rubbish for scrap metal and plastic to sell to recycling dealers has surged during the COVID-19 pandemic.
In the first edition of our new fact-checking show Truth or Fake, we focus on Afghanistan. A photo purportedly showing the new Afghan central bank chief has gone viral on social media; we show you how our Observers team debunked the image. Meanwhile, we demonstrate how widely shared images of alleged recent violence in Afghanistan's Panjshir Valley, attributed to the Taliban, actually come from a 2018 film.
Ghana is blessed with a variety of locally produced food staples but anemia in pregnancy, malnutrition and stunting are still prevalent, especially among poor communities. Health experts attribute the problem to family’s inability to balance the diets. Young nurses in Pelungu, eastern Ghana to organize a cooking exhibition to teach mothers how to cook nutrient-rich foods for their children.
Ghana's smock garment used to be reserved for royal use. These days, a flood of imported yarn has opened the market to near universal use, and the smock has become a Ghanaian clothing icon. Yet the country's collapsed cotton industry has left the financial fortunes of weavers and smock makers hanging by a thread.
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate (MPR) at 11.5%, whilst keeping all other monetary parameters constant.
Ghana's digital innovation week brings together pacesetters, entrepreneurs and investors all seeking to use technology for real social change.
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
Ghana is the largest gold producer in Africa. Its extraction poses serious threats to the environment, but one organization is training small-scale miners to engage in safer, eco-friendly mining methods.
Burning crop residue in sugarcane fields is a common and harmful practice among farmers in Ghana. Now Audrey S-Darko is helping them improve their harvests in a natural way without harming the environment.
Ghanaians love fashion and the 2021 edition of ‘Rythyms on da Runway" featured the work of hot young designers in the capital Accra, despite the blow that COVID has dealt the industry.
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