Business & Economy

Capital markets, financial institutions, macroeconomic indicators, industry performance, trade, investment, enterprise, and regulatory actions.

Ghana’s Cedi Crisis: Citizens Deserve Monetary Stability

Posted on by Newsroom Operations
Ghana’s Cedi Crisis: Citizens Deserve Monetary Stability

Everyday Ghanaians know the pain of a weak cedi. Prices rise, salaries shrink in value, and families struggle to make ends meet. The Ghana News Agency (GNA) recently reported that the Bank of Ghana is promising stronger market stability in 2026, while government reforms aim to plug $127 billion in revenue leakages using an AI customs tool. At the same time, the Petroleum Hub Development Corporation has declared 2026 the “Year of Action” for energy…

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Nigeria’s Oil Dependency: Time to Break the Curse

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Nigeria’s Oil Dependency: Time to Break the Curse

Nigeria has lived under the shadow of oil for too long. Every budget cycle, every foreign exchange crisis, every political promise seems to circle back to crude. Yet, as the News Agency of Nigeria (NAN) recently reported, there are signs of change: non‑oil exports hit $6.1 billion in 2025, and the government is training tens of thousands of exporters to expand capacity. Finance Minister Wale Edun even projects 4.7% GDP growth in 2026, with ambitions…

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United States Signals Continued Tight Monetary Policy Amid Inflation Concerns

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United States Signals Continued Tight Monetary Policy Amid Inflation Concerns

The United States Federal Reserve has signaled its intention to maintain a cautious monetary policy stance as inflationary pressures remain a concern. Senior officials noted that while inflation has moderated from previous highs, price stability has not yet been firmly secured. Economic data shows mixed signals across labor markets, consumer spending, and manufacturing output. Analysts observe that sustained high interest rates could slow economic growth but may be necessary to anchor inflation expectations. Global markets…

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European Union Advances New Industrial Competitiveness Strategy

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European Union Advances New Industrial Competitiveness Strategy

The European Union has unveiled a new industrial competitiveness framework aimed at strengthening manufacturing resilience and reducing strategic dependencies. The plan prioritizes advanced manufacturing, clean energy technologies, and critical raw materials. European Commission officials stated that the strategy responds to supply chain disruptions and intensifying global competition. Member states are expected to align national policies with the broader framework. Industry groups have welcomed the initiative but stressed the need for rapid implementation and adequate financing…

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China Reports Slower Economic Growth as Structural Adjustments Continue

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China Reports Slower Economic Growth as Structural Adjustments Continue

China has reported slower economic growth as authorities continue structural adjustments across property, manufacturing, and financial sectors. Official data indicates moderated industrial output and subdued consumer confidence. Government officials emphasized that the slowdown reflects a transition toward more sustainable and consumption driven growth. Measures to support small businesses and stimulate domestic demand remain under consideration. International economists note that China economic performance has significant implications for global trade and commodity markets.

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