Ghana’s headline inflation rose to 11.3 per cent in May, straying further away from the country’s inflation target band of 8.0 per cent plus or minus two. This comes as the World Bank says that Ghana’s economic growth is expected to slow down to 1.5 per cent this year as agriculture commodity exporters like Ghana have suffered from collapse in export demand as well as disruptions to supply chains. Courage Kingsley Martey, Senior Economist at Databank Group joins CNBC Africa for more.
Rwanda Biomedical Centre has established a new Covid-19 testing laboratory in Rubavu district with capacity of running 400 Covid-19 samples per day to help contain the pandemic in the area. This is the second testing lab established in Western Province after Rusizi District with capacity of running 500 samples per day. CNBC Africa's Fiona Muthoni had a conversation with Dr. Nsanzimana Sabin, Director General of RBC.
Lesley Ndlovu, CEO of the ARC joins CNBC Africa for more.
Global data analytics company; Nielsen, says the COVID-19 pandemic has led to a sharp drop in consumer sentiment in West Africa in the second quarter of the year. Ged Nooy, Managing Director at Nielsen Nigeria joins CNBC Africa for more.
Updated forecasts from the African Development Bank show that Africa’s growth is expected to rebound to 3 per cent by 2021 from a 3.4 per cent contraction in 2020 in the worst-case-scenario. Hanan Morsy, Director for Macroeconomic Forecasting and Research at the AfDB joins CNBC Africa for more.
Subscribe to our newsletter
Sign up for free newsletters and get more CNBC AFRICA delivered to your inbox
More from CNBC Africa
The blistering rally also puts Musk in reach of a payday potentially worth $1.8 billion, his second jackpot from the electric car maker in about two months.
“If we don’t adopt this best practice it could lead to a shutdown of business,” the Republican governor told local KLBK-TV in Lubbock, adding it was the last thing he wanted.
JOHANNESBURG (Reuters) - The South African government is “on course” to provide a funding commitment for the restructuring of loss-making South African...
A humble man. A selfless man. A faithful man. A shining light. We met and spoke together on several forums around the world: on the plane, at airports, in high level forums and summits. My impression of him was the same: calm; wise; insightful. A man of few words, whose every word was always well honed for impact. He spoke always from his heart. An he had a heart of gold.
As an executive decision-maker in both the telecommunications and tourism industries, Godwin Makyao could not have experienced a more diverse set of...
Sanlam Investments is responding to the COVID-19 pandemic through large-scale support of the recovery of South African companies, from small enterprises to...
KINSHASA (Reuters) - The Democratic Republic of Congo’s Justice Minister Celestin Tunda tendered his resignation on Saturday in the wake of a...
“Belarus tractors have never been known for their quality or power. They were never bought by Zimbabwe farmers in the past. Training up 1000 Zimbabwe farmers isn’t the answer.
(Reuters) - The Democratic Republic of Congo’s central bank kept its 2020 economic growth forecast unchanged at -2.4% because of the uncertainty...
JOHANNESBURG (Reuters) - South Africa’s rand recovered in afternoon trade on Friday, after sliding earlier due to concerns about rising COVID-19 cases...
- Advertisement -