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West Africa

S&P Ratings downgrades Ghana to junk status

Ghana’s economy has been downgraded by ratings agency, Standards and Poors, S&P Global ratings signaling more gloom for the West African Nation. S&P rated the country C from an earlier B status putting the country’s creditworthiness in jeopardy. Correspondent, Eric…

Flooding kills at least one in Senegal’s capital

Some streets in the Senegalese capital city Dakar are inundated following a downpour last Friday. Videos filmed by affected persons and shared via social media platforms suggest huge material damage and flooding of homes, shops and office accommodations. As Abdullahi…

Debate on E-Levy rages on in Ghana

The conversation about scrapping or maintenance of the seemingly failing e-levy continues to rage on in Ghana as more stakeholders continue to wade in.  A lecturer at the University of Ghana’s Economics Department, Dr Adu Owusu Sarkodie says an abrupt…