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ANALYSIS-Anti-LGBTQ+ laws in Ghana and Uganda feel the heat from sanctions

A ruling this month by Ugandas Constitutional Court to water down a tough anti-LGBTQ+ law may have stemmed from concern to avoid further international sanctions over the controversial legislation, rights activists and analysts say.The courts decision to strike out several of the laws most content
United States Greater Accra Pan Africa Yoweri Museveni Robert Amoafo Jane Ruth Aceng

2024 Budget should have been bolder, with plans to exit IMF programme - Dr. Patrick Asuming

Finance and Economics lecturer at the University of Ghana, Dr. Patrick Asuming, critiqued the 2024 Budget of the Government of Ghana, saying it fell short of his expectations on how the country was dealing with its structural challenges and exiting its 17th IMF programme.
Patrick Asuming Graphic Business Stanbic Bank Breakfast Meeting On University Of Ghana Stanbic Bank Breakfast Meeting Political Business Cycle

Current IMF programme is the most costly to ordinary Ghanaians - Dr Patrick Asuming

Dr Patrick Asuming, a lecturer in Finance and Economics at the University of Ghana, has labelled Ghana's recent program with the International Monetary Fund (IMF) as the most costly one.
Michael Bozumbil Patrick Asuming Graphic Business Stanbic Bank Breakfast Meeting On International Monetary Fund Graphic Business Stanbic Bank Breakfast Meeting University Of Ghana

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Ghana to receive immediate disbursement of US$600 million from IMF

The Executive Board of the International Monetary Fund (IMF) on Wednesday approved Ghana’s request for a $3 billion loan-support programme. The approval would lead to an “immediate” disbursement of US$600 million to support the Government’s three-year Post COVID-19 Programme for Economic Growth (PC-PEG) to restore macroeconomic stability and debt sustainability.…
Greater Accra Patrick Asuming Kristalina Georgieva Dankwa Akufo Nana Akufo Addo Pierre Frank Laporte

African central banks poised to hold rates as inflation softens

Most African central banks due to decide on interest rates in the next two weeks are set to keep them on hold as decades-high inflation eases after more than a year of tightening. Those such as in Egypt, Kenya and Mozambique may also factor into their decisions a drop in global commodity prices and the unwinding of supply constraints. Expectations that the US Federal Reserve may pause its most aggressive hiking cycle since the 1980s, which could weaken the dollar and boost their currencies, will...
South Africa Nairobi Area South African Wilson Chimoco Tony Mwiti Trevor Hambayi

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