Ghanaians Seek Fiscal Reform and Economic Stability

In Ghana, a new government has taken charge, and there are growing expectations from businesses. There are calls for fiscal discipline, job creation, and price stability to stabilize the country’s economy. Business leaders are pushing for urgent changes in areas like taxation, infrastructure investment, and policies that promote sustainable growth and better living standards for Ghanaians.

Currently, Ghana is working under a recovery program supported by the International Monetary Fund (IMF). Many believe this is a critical time for the government to boost investor confidence. Key sectors like technology, agriculture, and creative industries are seen as areas that could transform the economy if supported properly.

Philanthropic advisor Amma Gyampo has highlighted the importance of cooperation between the public and private sectors. According to Gyampo, aligning government policies with the needs of businesses and citizens is key to ensuring long-term economic stability.

Naira Depreciation: Import Dependency Hurts Nigeria’s Economy

Nigeria’s currency, the Naira, has been steadily losing value, recently trading at 1,700 to the US dollar. Experts predict it may drop even further, reaching 2,000 Naira to the dollar by next year if the trend continues. According to Veriv Africa, this decline is largely due to Nigeria’s heavy reliance on imports, which is weakening the Naira even more.

Experts warn that the ongoing devaluation could have serious consequences for businesses and worsen the country’s economic situation. They are calling for a shift toward local production to reduce the country’s reliance on imports. By investing in domestic industries, Nigeria could strengthen its currency, reduce its import dependency, and build a more resilient economy.

Christmas in Africa: A Time of Celebration and Economic Growth

Christmas in Africa is not just a time for celebration, it also plays a major role in the economy. The holiday season sees a rise in spending, with families, businesses, and communities coming together to celebrate. From retail shopping to travel and lively street parades, the festive spirit drives commerce across the continent.

Carnivals, gift-giving, and community events provide opportunities for small businesses and local retailers to thrive. For many, Christmas is both a time of cultural celebration and an economic boost, highlighting its importance in both tradition and economic activity.