Trade News
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WTO warns over tit-for-tat trade wars
Global trade has seen its most rapid growth in six years, says the World Trade Organization's annual analysis. But the positive news could be put at risk by tit-for-tat tariff wars that have broken out, according to the head of the WTO, Roberto Azevedo. Broader global tensions could also see...[READ MORE]
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US-China trade - Xi warns against 'Cold War mentality'
Chinese President Xi Jinping has warned against a "Cold War mentality" as he vowed to open up parts of the country's economy. His speech at the Boao Forum for Asia - often referred to as Asia's Davos - appears to be an attempt to calm a trade row with the US. He pledged to cut import tariffs on cars and relax requirements for foreign firms investing in...[READ MORE]
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Regulating Ghana’s international trade – Role of the GITC
Introduction This article provides a preview of Ghana’s attempt at regulating its international trading environment through the establishment of the Ghana International Trade Commission. International trade, though largely an economic activity, is governed by rules. The World Trade...[READ MORE]
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Not a trade 'war' but a trade 'dance
President Trump has tweeted the US is "not in a trade war with China". The Chinese say they don't want a trade war either. But both sides don't appear to be backing down from their list of demands. So if it's not a trade war - is this a trade dance? Negotiating tactics What I mean by...[READ MORE]
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US proposes tariffs on 1,300 Chinese goods
Fears of a trade war between the United States and China just escalated again.The Trump administration on Tuesday published a list of about 1,300 Chinese exports that could be targeted for tariffs. The United States plans to apply the tariffs to about $50 billion worth of goods to punish China for its theft of trade...[READ MORE]
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$90 billion Africa trade finance gap hampers free trade
Nairobi. A massive gap in trade finance amounting to $90 billion (Sh9.1 trillion) is among the major limitations of realising the full impact of a free-trade area in Africa, global ratings agency Moody’s has warned in a new report. Other factors that could limit the accomplishment of the objectives of the African Continental Free...[READ MORE]
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Ghana Airports Company Ltd inaugurate New Board of Directors
Ms Abena Osei Asare, the Deputy Minister of Finance, has sworn in the newly constituted Board of the Ghana Airports Company Limited (GACL), with a call on it to guide the Company in pursuit of its vision to make Ghana a preferred aviation hub. She said she saw great hope and prospects for the GACL’s future and charged the Board to guide it to achieve...[READ MORE]
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Rentals dip in African Oil-Exporting countries countries
The Angolan capital of Luanda is still the world’s second most expensive city for expats after Hong Kong, but rent for office space fell almost 50 percent in the past two years in the region’s top oil producing country, Bloomberg reported.More than 20 percent of new office buildings in Luanda are empty.“Luanda still has the highest...[READ MORE]
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BIG RUSH: THE SHOPPING MALL TAKEOVER IN AFRICA
Finding a place which has everything you need to buy, perform the activities for the day and simultaneously have all the fun the fun in the world certainly does leave one bright eyed and bushy tailed. With little time to spare for the regular guy or girl next door, having to squeeze out little time to even grab a bite for some is a luxury.Retrospectively, the...[READ MORE]
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Turkish products fair opens in Accra
The 1st Turkish Products Fair has opened at the Movenpik Hotel in Accra with...[READ MORE]
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