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Daily: 0.30p | Weekly: GHS 2 | Monthly: GHs 9
Cedi to weaken further; year-to-date depreciation hits 13.35%
Have capacity to influence policy – former MiDA boss to engineers
IMF Deputy Chief worried large chunk of Eurobonds is used to service debt
We have enough funds to pay accruing benefits; we’ve never missed pension payments since 1991 – SSNIT
SML fully delivered on Transaction Audit Service Agreement with GRA
World Bank’s food price index eases; maize, wheat prices hit 3-year low
Oil prices projected to average $84 per barrel in 2024 – World Bank
NCA approves Starlink’s satellite broadband application
We need long term macroeconomic stability to build a strong and vibrant economy – Deloitte Boss
Government’s fiscal adjustment on track – Report
Fitch affirms ETI at B-; Outlook stable
Cedi hits GH¢14.00 to a dollar; depreciates 12.08%
Propak propelling growth of Ghana’s manufacturing industry for exports
GRA clarifies status of resident individuals for tax purposes
Ghana’s cocoa farmers lament low earnings amid high prices
Inflation to decline to 24.6% in April 2024 – Report
“Dumsor” has brought businesses to their knees – GNCCI expresses frustration at ongoing crisis
GhIE urges immediate action on flood management preparedness in cities
We are confident of bilateral MoU agreement with Ghana soon – IMF Mission Chief
Ghana to invest $60m in cashew sector
T-bills: Interest rates on 91-day and 364-day bills drop; government fails to achieve target
Fitch Solutions forecasts end-year cedi to dollar rate of GH¢12.25; currency depreciates 11% to dollar
Bilateral creditors share draft MOU agreement on Ghana’s debt restructuring for consideration – Amin Adam
Enhance G20 Common Framework to fast-track debt negotiations and cancellation – BOG Governor
Economic outlook for Sub-Saharan Africa including Ghana gradually improving – IMF
Ghana’s inflation to average 11.5% in 2025; policy rate expected to reduce sharply – IMF
Let’s prioritize research quality in higher education institutions for industrial growth-Prof. Nathaniel Boso
Fitch Solutions projects 19.0% average inflation for Ghana in 2024
Fiscal deficits and debts to remain high over medium term – IMF
World Bank, AfDB partner to provide 300m African’s with electricity access
Ghana’s revenue-to-GDP ratio to exceed 17% within next six years, but expenditure to remain flat – IMF
Ghana’s debt-to-GDP ratio to tumble to 69.7% in 2029 – IMF
Ghana secures MoU on debt restructuring from bilateral creditors
We are determined to achieve universal access to electricity by end of 2024 – Finance Minister
Ghana’s external debt rework: Deal or no deal?
Global public debt edged up to 93% of GDP in 2023 – IMF
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Most Recent
Optimal OMD appoints Taniya Mondal as MD
Economy to remain on recovery path but growth projected at 3.6% in 2025 – Databank
Deloitte lists mining, financial services, 3 other sectors to watchout in 2025
Deloitte forecasts average inflation of 11.9% for Ghana in 2025
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
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