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Daily: 0.30p | Weekly: GHS 2 | Monthly: GHs 9
Ghana’s economy expands by 7.2% in Q3 of 2024
Fiscal consolidation in Ghana, others to gain renewed focus in 2025 – Fitch Solutions
Cedi remains stable with a positive outlook; one dollar going for GH¢16.10
President-elect Mahama justifies plans to remove nuisance taxes
Cedi expected to be biggest beneficiary from smooth elections
30 startups compete for $150k seed fund at Africa Health Collaborative KNUST Pitch Competition 2
Tullow Oil CEO Rahul Dhir to step down
Donewell Insurance has not rebranded – CEO affirms
Ghana recorded trade surplus of GH₵3.9bn in quarter 3 of 2024 – GSS
99.2% of gold exported to 4 countries; UAE is top destination – Report
Togbe Afede’s dream of establishing Aviation Academy in Ho hangs in the balance after paying over $30k to GACL
UK and Uhuru drive £12m boost for Ghana’s auto sector
Inflation for November 2024 goes up marginally to 23%
Economy has rebounded, we’ve maintained fiscal discipline in an election year – Finance Minister
Parliamentary stand-off affecting completion of debt restructuring agreement with IPPs – Finance Minister
Ghana Industry CEO Awards: Bright Ladzekpo is Most Respected Advertising CEO
Ghana’s economic crisis looms over impending elections
Holders of restructured debts to recover their monies in 2 years – Dr. Amin Adam
$360m IMF fund to boost dollar supply and strengthen cedi; one dollar equals GH¢16.50
Ghana’s fiscal performance on track to achieve primary surplus of 0.5% of GDP – IMF
IMF completes 3rd Review of Ghana’s $3bn ECF Program, commends economic stabilisation progress
IMF Board passes Ghana on 3rd programmme review; approves disbursement of $360m
Unchanged monetary policy rate to support cedi recovery, ensure external sector stability – Deloitte
Domestic economy remains stable – BoG
Let’s honour peace pact and commit to upholding unity, democratic maturity – CIMG to electorates
Russian-Ukraine and COVID-19 are not main causes of cedi depreciation – US based Ghanaian finance professor
Tax cuts alone won’t fix Ghana’s revenue problem; focus on compliance – Economist
Tax cuts are appealing, but could deepen economic challenges – Analyst cautions incoming government
What are the key issues for investors in Ghana’s election?
BoG holds policy rate on inflation concerns
Asantehene cuts sod for construction of Institute of Rural Development & Innovation Studies at KNUST
Ghana’s gross reserves hit $7.92bn as of November 22, 2024 – BoG
BoG assures recent rebound of cedi to continue; one dollar equals GH¢16.50
Business confidence improves, but consumer confidence remains unchanged – BoG
Monetary Policy Committee keeps policy rate at 27%
Ghana’s public debt falls by GH¢46.8bn to GH¢761.0bn in October 2024
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Most Recent
Ghana slowly retracing steps back to path of macroeconomic stability – Deloitte
Ghana’s debt service-to-revenue ratio reached all-time high of 127% in 2020, highest in SSA – IMF
Ghana’s consolidation efforts under IMF progamme to continue to be based on revenue
We are ready for “24 Hour Economy” policy provided there is the needed incentives – business associations
Clear policy needed to fill tax holes, no new taxes required – Chamber of Commerce and Industry CEO
First tax to go should be COVID-19 levy, E-levy, and VAT reviewed – Mark Badu-Aboagye
Fitch expects outlook for sub-Saharan African sovereigns to be neutral in 2025
Ghana’s external position moderately stronger -IMF
Maintain a tight monetary policy stance – IMF to BoG
Ghana spent nearly half of revenue on debt servicing in 5 years
Former Finance Minister Seth Terkper justifies national dialogue on IMF borrowing and economic recovery
Persistent rise in inflation in Ghana, Nigeria to stifle economic growth – Deloitte
‘We are handing over a strong economy’ – Finance Minister
Cedi narrows its year-to-date loss; one dollar equals GH¢15.65
Ghana’s capacity to repay IMF adequate but significant downside risks persist
Reducing food inflation must be a priority in Mahama’s administration – Prof. Gatsi
World Shoe launches in Accra
Current financial year proving challenging for COCOBOD – IMF
Automobile association describes prospects of industry as positive
OISL holds workshop for youth start-up businesses in Accra
Plans to scrap betting tax, others in a bankrupt economy unjustifiable
Ghana loses billions of dollars to illicit financial flows -Economist
Ghana’s growth rate to gradually increase to 5% beyond 2024 – IMF
Central banks gold reserves: Ghana places 5th in Africa
Africa to end 2024 on economic upswing – EIU
Gains achieved so far under the ECF programme fragile – IMF cautions Ghana
Mahama’s administration will leverage infrastructure development to create jobs – Seth Terkper
IMF programme renegotiation will be guided by plans to reset economy – Terkper
Over 500,000 businesses; 5,000 companies risk delisting – Registrar
EBID President underscores crucial role of DFIs in facilitating development in Africa
There are positive signals that Ghana’s economy is bouncing back to pre-Covid-19 era – Seth Terkper
7.2% growth for Q3 underscores government’s commitment to fiscal consolidation – Finance Ministry
Proposals to review Ghana’s programme should be guided by ECF objectives- IMF warns
Ghana’s high debt distress classification to be reviewed after 2028 – IMF
Ghana’s debt to GDP ratio to stay above 60% till 2027 – S&P
Fitch Solutions maintains 4.4% GDP growth forecast for 2025; predicts tight spending by NDC
Ghana’s economy expands by 7.2% in Q3 of 2024
Fiscal consolidation in Ghana, others to gain renewed focus in 2025 – Fitch Solutions
Cedi remains stable with a positive outlook; one dollar going for GH¢16.10
President-elect Mahama justifies plans to remove nuisance taxes
Cedi expected to be biggest beneficiary from smooth elections
30 startups compete for $150k seed fund at Africa Health Collaborative KNUST Pitch Competition 2
Tullow Oil CEO Rahul Dhir to step down
Donewell Insurance has not rebranded – CEO affirms
Ghana recorded trade surplus of GH₵3.9bn in quarter 3 of 2024 – GSS
99.2% of gold exported to 4 countries; UAE is top destination – Report
Togbe Afede’s dream of establishing Aviation Academy in Ho hangs in the balance after paying over $30k to GACL
UK and Uhuru drive £12m boost for Ghana’s auto sector
Inflation for November 2024 goes up marginally to 23%
Economy has rebounded, we’ve maintained fiscal discipline in an election year – Finance Minister
Parliamentary stand-off affecting completion of debt restructuring agreement with IPPs – Finance Minister
Ghana Industry CEO Awards: Bright Ladzekpo is Most Respected Advertising CEO
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