IMF Chief Economist Warns: Challenges May Prolong High Borrowing Costs

IMF Chief Economist Warns: Challenges May Prolong High Borrowing Costs

Pierre-Olivier Gourinchas, Chief Economist at the IMF has indicated that persistent challenges to disinflation in advanced economies might compel central banks, including the US Federal Reserve, to maintain higher borrowing costs for an extended period. This could endanger overall economic growth, exert upward pressure on the dollar, and cause adverse spillovers to emerging and developing…

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Organised Labour launches strike in response to NPRA's approval of SSNIT Hotels sale, demanding transparency and accountability in decision-making.

Labour Protests NPRA’s Controversial SSNIT Hotels Sale

Organised Labour launches strike in response to NPRA’s approval of SSNIT Hotels sale, demanding transparency and accountability in decision-making. Organised Labour has announced an indefinite strike in response to the National Pensions Regulatory Authority’s (NPRA) recent decision. The NPRA approved the Social Security and National Insurance Trust’s (SSNIT) contentious proposal to sell a 60% stake…

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Facebook Monetization Launch in Ghana: Empowering Creators and Driving Economic Growth

Facebook Monetization Launch in Ghana: Empowering Creators and Boosting Economic Growth. Discover how this initiative supports local content creators and fuels the digital economy Facebook, the social media giant, has introduced its monetization features in Ghana, marking a milestone for content creators in the West African nation. This development is pivotal for many Ghanaians who…

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Facebook Monetization Launches in Ghana, Empowering Local Content Creators

Facebook, the social media giant, has finally rolled out its monetization features in Ghana, marking a significant milestone for content creators in the West African nation. This development is a game-changer for many Ghanaians who have been leveraging Facebook’s vast platform to reach audiences both locally and globally.   Opportunities for Content Creators   With…

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Société Générale To Withdraw From The Ghanaian Market After 20 Years Of Business in Ghana

Société Générale to withdraw from the Ghanaian market after 20 years of business. Explore the implications for the financial sector. French banking giant Societe Generale is shaking up the Ghanaian financial sector with its surprise announcement to exit the market after two decades. This news comes just a year after the bank celebrated its 20th…

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Glovo to Exit Ghana After Two Years, Focuses on Profitable Markets

Glovo to exit Ghana after two years, focuses on profitable markets. Explore the implications for delivery services in Ghana. Accra, Ghana – Food delivery platform Glovo is shutting down operations in Ghana effective May 10, 2024. The company cited challenges achieving profitability in the Ghanaian market as the reason for their departure. Shifting Focus to…

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