The head of South Africa’s anti-graft watchdog is open to talks on her recommendation to change the central bank’s mandate, a proposal that has drawn sharp criticism from parliament, the ruling party and investors, a local news agency said on Saturday. Public Protector Busi Mkhwebane’s recommendation to alter the South African Reserve Bank’s principal constitutional mandate of maintaining currency and price stability to focus on economic growth has highlighted worsening divisions between the country’s state institutions. Both the central bank…
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World leaders braced for tough talks with Trump on climate, trade
Leaders from the world’s top economies will try to bridge deep differences with U.S. President Donald Trump on climate change and trade on Friday as a Group of 20 summit gets underway in Germany amid the threat of violent protests. The meeting in the port city of Hamburg comes at a time of tectonic shifts in the global geo-political landscape, with Trump’s “America First” policies pushing Europe and China closer together. Trump will meet Russia’s Vladimir Putin for the first…
ICC declines to refer S.Africa to UN for not arresting Sudan’s Bashir
The International Criminal Court on Thursday rebuked South Africa for not arresting Sudan’s president on a genocide warrant when he visited Johannesburg in 2015 but declined to refer Pretoria to the United Nations for possible censure over the lapse. The ICC indicted Sudanese President Omar Hassan al-Bashir in 2008 over the deaths and persecution of ethnic groups in Sudan’s Darfur province between 2003 and 2008. But he has continued to travel internationally, visiting Jordan as recently as March. The first…
Tricks schedule will make you a more productive individual
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Govt to meet IMF board this month
The Finance Minister Ken Ofori-Atta has disclosed that government is preparing to meet the board of the International Monetary Fund later this month. A team from the IMF led by Joël Toujas-Bernaté, earlier visited Accra on the 10th of February this year to welcome the government’s intention to conduct a full audit of outstanding obligations under the External Credit Facility (ECF). Ghana entered into the ECF facility with the Fund for a total of 918 million over a three year…
Top Global Investment Executives to speak at Ghana Investment Summit 2017
Prominent executives from some of the world’s largest investment firms and multinational corporations are confirmed to speak at the upcoming Ghana Investment Summit (GIS) 2017, to be held from August 20-22 at the Kempinski Hotel Gold Coast City in Accra. GIS, organized in partnership with the Ministry of Finance, Ghana Investment Promotion Center (GIPC) and global investment bank partners, is the first major investment summit under President Akufo-Addo’s administration which has declared a new era of investments in Ghana and…