IBOV 173,768.17 ▼ 0.03% IPSA 10,913.99 ▼ 0.31% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,187,056 ▲ 0.06% COLCAP 2,287.57 ▲ 0.11% BVL PERÚ 57,220.16 — — USD/BRL5.11▲ 0.16% USD/MXN17.53▲ 0.61% USD/CLP934.38▲ 1.01% USD/COP3,254▲ 0.71% USD/PEN3.41▲ 0.75% USD/ARS1,478▲ 0.17% USD/UYU40.23▲ 1.74% USD/PYG6,032▲ 1.81% USD/BOB10.65▲ 4.37% USD/DOP58.24▲ 1.37% USD/CRC446.12▲ 1.44% USD/GTQ7.62▲ 2.73% USD/HNL26.73▲ 1.94% USD/NIO36.62▲ 1.17% USD/VES730.65▲ 0.57% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.62▲ 0.89% USD/TTD6.74▲ 1.70% EUR/BRL5.84▲ 0.14% BRENT 87.89 ▲ 4.35% WTI 81.56 ▲ 3.31% IRON ORE 161.91 — — COPPER 6.27 ▼ 0.46% GOLD 4,017 ▲ 0.79% SILVER 56.36 ▲ 0.82% SOY 1,203 ▲ 0.63% CORN 468.25 ▲ 6.06% WHEAT 684.75 ▲ 1.48% COFFEE 321.10 ▼ 0.06% SUGAR 14.82 ▲ 2.63% ORANGE JUICE 139.35 ▲ 4.15% COTTON 78.93 ▲ 1.60% COCOA 5,610 ▲ 7.55% BEEF 220.63 ▼ 2.84% CATTLE 339.08 ▼ 2.17% LITHIUM 68.35 ▼ 0.74% PETR4 40.87 ▲ 2.46% VALE3 72.61 ▼ 0.51% ITUB4 41.90 ▼ 1.53% BBDC4 18.24 ▼ 0.92% ABEV3 15.54 ▼ 0.38% BBAS3 20.30 ▼ 2.22% B3SA3 15.23 ▼ 1.04% WEGE3 43.53 ▲ 0.09% PRIO3 57.75 ▲ 1.69% SUZB3 41.91 ▲ 0.50% RENT3 38.10 ▼ 1.96% AZZA3 18.36 ▼ 0.92% CSAN3 3.87 ▼ 0.26% RAIZ4 0.27 ▼ 6.90% PCAR3 2.56 ▼ 1.16% GMAT3 3.91 ▼ 0.26% PSSA3 54.96 ▼ 0.47% CVCB3 1.26 ▼ 6.67% POSI3 3.77 ▼ 2.84% SLCE3 13.51 ▼ 0.73% NATU3 8.58 ▲ 0.23% BRKM5 6.24 ▲ 2.30% RANI3 7.96 ▼ 1.49% CSNA3 5.04 ▼ 1.18% CMIN3 5.29 ▼ 2.94% USIM5 8.25 ▲ 4.43% GGBR4 23.97 ▲ 0.25% ENEV3 25.86 ▼ 0.35% CPFE3 47.12 ▼ 0.15% CMIG4 11.16 ▲ 0.63% EQTL3 39.49 ▼ 0.90% LREN3 13.27 ▼ 2.78% VIVT3 35.71 ▲ 0.68% RAIL3 13.75 ▼ 1.29% KLABIN 17.53 ▲ 0.98% RAIA DROGASIL 18.41 ▼ 0.59% RDOR3 35.67 ▼ 0.56% HAPV3 11.37 ▲ 3.84% FLRY3 16.65 ▲ 1.40% SMTO3 15.44 ▼ 1.78% UGPA3 32.09 ▲ 0.31% VBBR3 34.71 ▲ 0.99% BBSE3 40.83 ▼ 0.85% BPAC11 56.18 ▼ 0.72% CURY3 30.67 ▼ 1.98% AERI3 2.03 ▲ 0.50% VIVARA 22.67 ▼ 2.91% COMPASS 24.80 ▼ 0.44% VAMOS 3.20 ▲ 1.27% SANB11 26.68 ▼ 0.56% ASAI3 8.42 ▼ 1.64% SBSP3 29.25 ▼ 0.17% WALMEX 49.67 ▲ 0.22% GMEXICO 200.38 ▲ 0.57% FEMSA 223.83 ▼ 0.55% CEMEX 22.62 ▼ 0.70% GFNORTE 180.40 ▲ 0.01% BIMBO 58.00 ▲ 0.14% TELEVISA 9.60 ▲ 0.95% AMX 23.16 ▲ 1.67% GAP 387.06 ▼ 1.20% ASUR 279.69 ▼ 0.44% OMA 231.07 ▼ 0.87% KOF 180.00 ▲ 0.58% GRUMA 286.30 ▼ 0.02% KIMBER 38.65 ▼ 0.34% SQM-B 65,141 ▼ 1.38% COPEC 6,203 ▲ 1.26% BSANTANDER 77.23 ▼ 1.19% FALABELLA 5,886 ▲ 0.57% ENELAM 84.80 — 0.00% CENCOSUD 2,001 ▼ 0.20% CMPC 1,080 ▲ 0.56% BANCO CHILE 188.46 ▼ 0.22% LATAM AIR 24.93 ▼ 1.85% YPF 77,600 ▲ 2.00% GGAL 7,795 ▼ 0.89% PAMPA 5,175 ▲ 1.27% TXAR 664.00 ▲ 0.30% ALUAR 945.00 ▲ 0.53% TGS 9,350 ▼ 0.37% CEPU 2,259 ▼ 0.04% MIRGOR 16,525 ▼ 1.34% COME 43.93 ▼ 1.19% LOMA NEGRA 3,515 ▼ 1.19% BYMA 300.00 ▼ 0.50% TELECOM ARG 4,170 ▼ 0.24% ECOPETROL 15.99 ▲ 1.20% BANCOLOMBIA 80.23 ▲ 0.96% GRUPO AVAL 4.96 ▼ 0.20% CREDICORP 389.78 ▲ 0.60% SOUTHERN COPPER 172.72 ▼ 1.68% BUENAVENTURA 30.15 ▼ 0.07% MERCADOLIBRE 1,822 ▼ 1.93% NUBANK 13.61 ▼ 1.34% XP 16.70 ▲ 0.09% PAGSEGURO 9.08 ▼ 0.77% STONE 11.11 ▼ 0.85% GLOBANT 32.63 ▲ 1.34% TECNOGLASS 45.40 ▼ 3.06% GAP AIRPORT 220.62 ▼ 2.06% ASUR 279.69 ▼ 0.44% OMA AIRPORT 105.47 ▼ 1.63% AMX ADR 26.37 ▲ 0.89% FEMSA ADR 127.72 ▼ 1.37% CEMEX ADR 12.94 ▼ 1.26% PETROBRAS ADR 17.90 ▲ 2.46% VALE ADR 14.18 ▼ 0.30% ITAU ADR 8.18 ▼ 1.45% SANTANDER BR 5.24 ▼ 1.04% AMBEV ADR 3.02 ▼ 1.15% CSN 0.99 ▼ 0.73% GERDAU 4.72 ▼ 0.11% LATAM ADR 52.75 ▼ 0.81% BTC 64,291 ▲ 0.79% ETH 1,845 ▼ 0.96% SOL 75.22 ▼ 0.07% XRP 1.09 ▲ 0.54% BNB 567.29 ▼ 0.86% ADA 0.17 ▲ 3.38% DOGE 0.07 ▲ 0.48% AVAX 6.62 ▲ 1.74% LINK 8.24 ▼ 1.09% DOT 0.86 ▼ 0.09% LTC 45.06 ▲ 0.26% BCH 220.45 ▼ 0.53% TRX 0.32 ▼ 0.07% XLM 0.19 ▲ 1.07% HBAR 0.07 ▼ 0.49% NEAR 1.93 ▼ 1.86% ATOM 1.52 ▲ 0.95% AAVE 90.88 ▼ 0.27% SELIC 14.25% EMBRAER 82.08 ▲ 0.38% EMBRAER ADR 64.24 ▼ 0.20% JBS 11.81 ▼ 1.87% JBS BDR 60.20 ▼ 2.11% MBRF3 14.72 ▼ 3.73% MBRFY 2.91 ▼ 0.68% INTER 5.38 ▼ 2.98% IBOV 173,768.17 ▼ 0.03% IPSA 10,913.99 ▼ 0.31% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,187,056 ▲ 0.06% COLCAP 2,287.57 ▲ 0.11% BVL PERÚ 57,220.16 — — USD/BRL 5.11 ▲ 0.16% USD/MXN 17.53 ▲ 0.61% USD/CLP 934.36 ▲ 1.01% USD/COP 3,254 ▲ 0.71% USD/PEN 3.41 ▲ 0.75% USD/ARS 1,478 ▲ 0.17% USD/UYU 40.23 ▲ 1.74% USD/PYG 6,032 ▲ 1.81% USD/BOB 10.65 ▲ 4.37% USD/DOP 58.24 ▲ 1.37% USD/CRC 446.12 ▲ 1.44% USD/GTQ 7.62 ▲ 2.73% USD/HNL 26.73 ▲ 1.94% USD/NIO 36.62 ▲ 1.17% USD/VES 730.65 ▲ 0.57% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.62 ▲ 0.89% USD/TTD 6.74 ▲ 1.70% EUR/BRL 5.84 ▲ 0.14% BRENT 87.89 ▲ 4.35% WTI 81.56 ▲ 3.31% IRON ORE 161.91 — — COPPER 6.27 ▼ 0.46% GOLD 4,017 ▲ 0.79% SILVER 56.36 ▲ 0.82% SOY 1,203 ▲ 0.63% CORN 468.25 ▲ 6.06% WHEAT 684.75 ▲ 1.48% COFFEE 321.10 ▼ 0.06% SUGAR 14.82 ▲ 2.63% ORANGE JUICE 139.35 ▲ 4.15% COTTON 78.93 ▲ 1.60% COCOA 5,610 ▲ 7.55% BEEF 220.63 ▼ 2.84% CATTLE 339.08 ▼ 2.17% LITHIUM 68.35 ▼ 0.74% PETR4 40.87 ▲ 2.46% VALE3 72.61 ▼ 0.51% ITUB4 41.90 ▼ 1.53% BBDC4 18.24 ▼ 0.92% ABEV3 15.54 ▼ 0.38% BBAS3 20.30 ▼ 2.22% B3SA3 15.23 ▼ 1.04% WEGE3 43.53 ▲ 0.09% PRIO3 57.75 ▲ 1.69% SUZB3 41.91 ▲ 0.50% RENT3 38.10 ▼ 1.96% AZZA3 18.36 ▼ 0.92% CSAN3 3.87 ▼ 0.26% RAIZ4 0.27 ▼ 6.90% PCAR3 2.56 ▼ 1.16% GMAT3 3.91 ▼ 0.26% PSSA3 54.96 ▼ 0.47% CVCB3 1.26 ▼ 6.67% POSI3 3.77 ▼ 2.84% SLCE3 13.51 ▼ 0.73% NATU3 8.58 ▲ 0.23% BRKM5 6.24 ▲ 2.30% RANI3 7.96 ▼ 1.49% CSNA3 5.04 ▼ 1.18% CMIN3 5.29 ▼ 2.94% USIM5 8.25 ▲ 4.43% GGBR4 23.97 ▲ 0.25% ENEV3 25.86 ▼ 0.35% CPFE3 47.12 ▼ 0.15% CMIG4 11.16 ▲ 0.63% EQTL3 39.49 ▼ 0.90% LREN3 13.27 ▼ 2.78% VIVT3 35.71 ▲ 0.68% RAIL3 13.75 ▼ 1.29% KLABIN 17.53 ▲ 0.98% RAIA DROGASIL 18.41 ▼ 0.59% RDOR3 35.67 ▼ 0.56% HAPV3 11.37 ▲ 3.84% FLRY3 16.65 ▲ 1.40% SMTO3 15.44 ▼ 1.78% UGPA3 32.09 ▲ 0.31% VBBR3 34.71 ▲ 0.99% BBSE3 40.83 ▼ 0.85% BPAC11 56.18 ▼ 0.72% CURY3 30.67 ▼ 1.98% AERI3 2.03 ▲ 0.50% VIVARA 22.67 ▼ 2.91% COMPASS 24.80 ▼ 0.44% VAMOS 3.20 ▲ 1.27% SANB11 26.68 ▼ 0.56% ASAI3 8.42 ▼ 1.64% SBSP3 29.25 ▼ 0.17% WALMEX 49.67 ▲ 0.22% GMEXICO 200.38 ▲ 0.57% FEMSA 223.83 ▼ 0.55% CEMEX 22.62 ▼ 0.70% GFNORTE 180.40 ▲ 0.01% BIMBO 58.00 ▲ 0.14% TELEVISA 9.60 ▲ 0.95% AMX 23.16 ▲ 1.67% GAP 387.06 ▼ 1.20% ASUR 279.69 ▼ 0.44% OMA 231.07 ▼ 0.87% KOF 180.00 ▲ 0.58% GRUMA 286.30 ▼ 0.02% KIMBER 38.65 ▼ 0.34% SQM-B 65,141 ▼ 1.38% COPEC 6,203 ▲ 1.26% BSANTANDER 77.23 ▼ 1.19% FALABELLA 5,886 ▲ 0.57% ENELAM 84.80 — 0.00% CENCOSUD 2,001 ▼ 0.20% CMPC 1,080 ▲ 0.56% BANCO CHILE 188.46 ▼ 0.22% LATAM AIR 24.93 ▼ 1.85% YPF 77,600 ▲ 2.00% GGAL 7,795 ▼ 0.89% PAMPA 5,175 ▲ 1.27% TXAR 664.00 ▲ 0.30% ALUAR 945.00 ▲ 0.53% TGS 9,350 ▼ 0.37% CEPU 2,259 ▼ 0.04% MIRGOR 16,525 ▼ 1.34% COME 43.93 ▼ 1.19% LOMA NEGRA 3,515 ▼ 1.19% BYMA 300.00 ▼ 0.50% TELECOM ARG 4,170 ▼ 0.24% ECOPETROL 15.99 ▲ 1.20% BANCOLOMBIA 80.23 ▲ 0.96% GRUPO AVAL 4.96 ▼ 0.20% CREDICORP 389.78 ▲ 0.60% SOUTHERN COPPER 172.72 ▼ 1.68% BUENAVENTURA 30.15 ▼ 0.07% MERCADOLIBRE 1,822 ▼ 1.93% NUBANK 13.61 ▼ 1.34% XP 16.70 ▲ 0.09% PAGSEGURO 9.08 ▼ 0.77% STONE 11.11 ▼ 0.85% GLOBANT 32.63 ▲ 1.34% TECNOGLASS 45.40 ▼ 3.06% GAP AIRPORT 220.62 ▼ 2.06% ASUR 279.69 ▼ 0.44% OMA AIRPORT 105.47 ▼ 1.63% AMX ADR 26.37 ▲ 0.89% FEMSA ADR 127.72 ▼ 1.37% CEMEX ADR 12.94 ▼ 1.26% PETROBRAS ADR 17.90 ▲ 2.46% VALE ADR 14.18 ▼ 0.30% ITAU ADR 8.18 ▼ 1.45% SANTANDER BR 5.24 ▼ 1.04% AMBEV ADR 3.02 ▼ 1.15% CSN 0.99 ▼ 0.73% GERDAU 4.72 ▼ 0.11% LATAM ADR 52.75 ▼ 0.81% BTC 64,291 ▲ 0.79% ETH 1,845 ▼ 0.96% SOL 75.22 ▼ 0.07% XRP 1.09 ▲ 0.54% BNB 567.29 ▼ 0.86% ADA 0.17 ▲ 3.38% DOGE 0.07 ▲ 0.48% AVAX 6.62 ▲ 1.74% LINK 8.24 ▼ 1.09% DOT 0.86 ▼ 0.09% LTC 45.06 ▲ 0.26% BCH 220.45 ▼ 0.53% TRX 0.32 ▼ 0.07% XLM 0.19 ▲ 1.07% HBAR 0.07 ▼ 0.49% NEAR 1.93 ▼ 1.86% ATOM 1.52 ▲ 0.95% AAVE 90.88 ▼ 0.27% SELIC 14.25% EMBRAER 82.08 ▲ 0.38% EMBRAER ADR 64.24 ▼ 0.20% JBS 11.81 ▼ 1.87% JBS BDR 60.20 ▼ 2.11% MBRF3 14.72 ▼ 3.73% MBRFY 2.91 ▼ 0.68% INTER 5.38 ▼ 2.98%
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Africa Western Africa

Ghana to Follow Uganda on Anti-LGBTQ+ Law Amid Economic Warnings

By · March 5, 2024 · 2 min read

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Ghana’s finance minister has appealed to President Nana Akufo-Addo, urging him not to endorse the controversial anti-LGBTQ+ bill.

Facing an economic crisis and seeking an IMF bailout, the minister warned of a potential $3.8 billion loss in World Bank funds over five to six years, about 5% of Ghana’s GDP.

This mirrors Uganda’s situation, where similar legislation led to halted World Bank lending.

The bill, developed over years, proposes to criminalize various LGBTQ+ activities, with penalties up to ten years.

It enjoys backing from various Ghanaian societal sectors, including religious and political leaders.

The Christian Council and the Chief Imam support the bill, claiming it reflects national values.

Yet, this legislation faces global condemnation for violating human rights.

Ghana to Follow Uganda on Anti-LGBTQ+ Law Amid Economic Warnings. (Photo Internet reproduction)
Ghana to Follow Uganda on Anti-LGBTQ+ Law Amid Economic Warnings. (Photo Internet reproduction)
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The United Nations, Human Rights Watch, Amnesty International, and the United States have criticized the bill for undermining equality and non-discrimination.

They highlight potential risks to Ghana’s civic freedoms and economic health.

Local groups like the Big 18 have urged President Akufo-Addo to veto the bill, emphasizing human rights concerns.

Meanwhile, supporters like lawmaker Sam George argue that the bill is vital for curbing LGBTQ+ activities and aligning with Ghanaian norms.

As Ghana contemplates this law, the international community watches closely.

Background – Ghana to Follow Uganda on Anti-LGBTQ+ Law

Ghana’s anti-gay stance results from cultural, religious, and political influences.

The nation, rooted in conservative views, sees LGBTQ+ rights as conflicting with traditional and religious morals.

The global advocacy for LGBTQ+ rights has prompted a backlash in Ghana, perceived as a challenge to local values.

Politicians leverage this sentiment to gain support, portraying themselves as protectors of national integrity.

The drafting of a new bill to criminalize LGBTQ+ activities more strictly reflects these dynamics, enjoying broad backing from religious leaders and political figures.

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