Ghana feels the heat of rising inflation
12 March 2022 |
4:20 pm
Ethnic clashes leave at least 17 people dead in Sudan's Darfur region. Observers blame. Arab militias for launching attacks to settle land and livestock disputes. The cost of living for Ghanaians is at its highest in almost 6 years. The increasing price of basic goods such as water and oil leave families and businesses struggling. And Congolese authorities vow to clamp down on shoddy construction after a tragic accident in Kinshasa. Experts blame corruption and poor urban planning.
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France's cost of living crisis shows signs of stabilizing, as inflation dropped from 7.1% to 6.7% in December. It's among the lowest levels in the Eurozone, but many households and businesses are still struggling. French bakers are asking for more financial aid, with the cost of flour up a staggering 45%.
9 Jan
Inflation in the 19 countries using the euro stood at 9.2% year-on-year in December. Having peaked in October at 10.6%, a slight reduction in the pace of inflation is prompting hopes of the peak having passed.
14 Jan
In Ghana’s Upper West region, a small startup is mounting solar-powered and cost-effective mini-grids across light-poor communities. It also distributes rechargeable solar lamps to its members.
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Inflation in Germany stood at an aggregate of 7.9% for 2022, official figures show. That's the highest it's ever been in Germany's post-war history. Food and fuel prices in particular drove consumer prices skyward.
27 Jan
Ghana has doubled its efforts to achieve universal health coverage by encouraging online registration with the National Health Insurance Scheme (NHIS). Ghanaians can now register for NHIS via a mobile app at their convenience.
5 Feb
A building-price explosion has ruined Germany's apartment-building plans. The rental market is becoming nightmarish, and experts say the government hasn't even begun to grasp the scale of the crisis.
13 Feb
The European Commission has revised its economic forecasts upwards slightly, predicting growth of almost 1% in the bloc for 2023. Inflation is expected to slow but remain high, a little more so outside the eurozone.
16 Feb
Relentless rains in South Africa have claimed at least a dozen victims with the bad weather forcing the government to declare a national state of disaster. It comes less than a year after the country’s deadliest floods. And, as the civilian death toll rises from rebel fighting in Eastern Congo, more people are seeking refuge in the North Kivu town of Goma.
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The government in Buenos Aires has imposed price caps on many goods to rein in runaway inflation. While the curbs are welcomed among low income locals, economists doubt they will remedy the country's persistent problem.
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Ghana winger Christian Atsu's remains arrived in Accra on Sunday (February 19) a day after it was announced he had been found dead under the building where he lived in southern Turkey after last week's huge earthquake.
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The German Minister labour, Hubertus Heil and his colleague for Development Cooperation, Svenja Schulze, are visiting Ghana as part of their tour that would take them to neighboring Ivory Coast as well. Key on their agenda is pushing for better cooperation between Germany and Africa. Hubertus Heil has been talking to DW about the visit and upcoming migration reforms in Germany targeted at Africa.
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