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Ghana’s inflation will average about 20% in 2023  – EIU

nflation in Ghana will average about 20% in 2023, the Economist Intelligence Unit (EIU) has forecast in its 2023 Africa Economic Outlook Report. This will rank the country 5th on the continent with the highest inflation rate. It however predicted an average rate of inflation of 32% in 2022. Zimbabwe and Sudan are expected to place […]

Ghana, six African countries to grapple with debt-service burden in 2023 – EIU

The Economist Intelligence Unit (EIU) says Ghana and six African countries have enormous amounts of debt relative to Gross Domestic Product (GDP) and their governments will grapple with debt-servicing burdens that would eat up a substantial share of their revenue in 2023. Tunisia, Egypt, Congo-Brazzaville, Zambia, Zimbabwe and Mozambique are the other African countries. In […]