Africa in Focus: Ghana Budgets $219 Million to Shield Second-Tier Bank Deposits

Africa in Focus: Ghana Budgets $219 Million to Shield Second-Tier Bank Deposits

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses financial issues in Ghana, Nigeria, and South Africa. Ghana is allocating $220 million to protect deposits in insolvent banks as part of a sector cleanup. Nigeria faces a fiscal crisis due to low oil revenues and may increase taxes to address budget shortfalls. In South Africa, a corruption probe is underway following the death of a businessman linked to a bribery scandal, potentially impacting President Ramaphosa's anti-corruption efforts.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures is Ghana taking to safeguard client deposits at insolvent banks?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main concerns regarding Nigeria's fiscal crisis?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the budget revenue situation in Nigeria changed recently?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential tax changes are being considered in Nigeria to address its fiscal challenges?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What implications does the death of Gavin Watson have on the anti-corruption efforts in South Africa?

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