Economy

By John Ikani  The Vice President of Ghana, Mahamudu Bawumia has warned citizens of tough times ahead as the West African nation seeks an IMF bailout amid a spiking inflation that hit 29.8% in June. Bawumia...

By Ebi Kesiena The United States and Kenya have launched a strategic trade and investment partnership through which they will pursue commitments aimed at boosting economic growth, supporting African regional economic integration and other areas, the...

By John Ikani  Major petrol stations in Abuja and Kano have adjusted their pump price to N185 per litre in disregard to the Federal Government approved pump price of N165 per litre. The hike which came...

By John Ikani As part of efforts geared towards preventing a rise in prices of premium motor spirit (PMS) otherwise known as petrol, the Government of Kenya has rolled out a fresh round of fuel subsidies....

By John Ikani  US inflation reached a four-decade high in June, with consumer prices soaring by 9.1% compared to the previous year, the US government said on Wednesday. That's the highest level since 1981 and higher...

By John Ikani Consumer inflation in Ghana accelerated to 29.8% annually in June from 27.6% in May, hitting the highest level in almost 19 years. The official data released on Wednesday by Ghana Statistical Service (GSS),...