Resource-rich countries like Ghana are often cut out of lucrative parts of the business like manufacturing. The “fairchain movement” wants to change that.
Tag: Credit and Debt
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The Rising Costs of Owning a Car
Everything is going up — buying, financing, insurance and maintenance. The average annual cost of ownership, by one estimate, is $12,000.
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At Africa’s First Climate Summit, a Clear Call to the World: Invest in Us
The inaugural summit in Kenya’s capital, attended by tens of thousands, was imbued with frustration at Western financial institutions.
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Country Garden, China’s Indebted Developer, Meets Payment Deadline
The embattled Chinese property giant is said to have avoided default by meeting a deadline to pay interest on small loans. But it must repay billions within the next year.