Inflation is perhaps the biggest poverty accelerator in the economy due to its weakening effect on people’s purchasing power.
The idea: to use the credit channel by making foreign banks bear the consequences of the devaluation of the Russian currency.
The Ghanaian currency is facing structural hurdles.
It may cost more to make a penny than a penny’s worth, but a penny saved may be more than a penny earned.
With foes of globalization seeing their voices trumpeted by Brexit and Donald Trump’s candidacy, the G20 needs to act as a counterweight that sounds a clear vision for a connected future.
Economic growth forecasts for Mozambique are being revised down. The country needs to safeguard economic stability by taking steps to break with the past.
To achieve its ambition of becoming a middle income country, Uganda must accelerate the movement of workers from agriculture and the informal sector into modern industries.
South Africa’s current economic situation is reminiscent of events in 1985 when the economy nearly collapsed. This article, first published last year, looks at the similarities.