Ghana’s economy contracts 3.2% in second-quarter of 2020

Prof. Samuel Kobina Annim (right) addressing the media on second quarter GDP and monthly producer price index in Accra. Picture: Patrick Dickson Ghana’s economy contracted by 3.2 per cent in the second quarter of 2020, compared to the same period in 2019, according to data released by the Ghana Statistical Service (GSS). This compares favourably […]

Foreigners ‘live in constant fear’ in South Africa : HRW

Foreign nationals in South Africa suffer “routine” harassment, violence and discrimination by locals and government authorities, Human Rights Watch (HRW) said on Thursday. The group said xenophobia remained widespread in South Africa despite a government action plan rolled out in May 2019 to combat “intolerance”. Foreign workers are often victims of anti-immigrant sentiment in South […]

Human Capital Index: Ghana ranks 130 in the world

Ghana is ranked one hundred and thirty in the 2020 World Bank Human Capital Index. The country made little gains in the index which has been extended to cover 174 countries. According to the report, the government used data to effectively re-target school feeding efforts under the Ghana School Feeding Program (GSFP) after it found […]

PAPE Fund 3 acquires 45% equity in DDS Group of Companies

Midcap South African private equity fund PAPE Fund 3 has successfully acquired 45% of the equity in the DDS Group of Companies, an African beverage dispensing and refrigeration services provider. The DDS Group of Companies provide beverage dispensing and refrigeration services on behalf of the multinational distributors, by the servicing of draught beer installations and […]

Challenges and Prospects of SMEs and Entrepreneurship in Africa

With a high market value and uses in cooking and cosmetics, Shea butter has become known as Burkina’s gold. By training groups of entrepreneurs in the best processing methods and how best to sell their end product, TREE AID is turning an everyday tree product into meals, medicines and schooling. Photo: Tree Aid via a […]