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Daily: 0.30p | Weekly: GHS 2 | Monthly: GHs 9
Cedi crosses ¢13 mark; loses 5.4% in value to dollar since January 1, 2024
KNUST TCC-CIMET trains communities in corn shelling, corn cob charring for clean energy
Government cannot sustain economy on T-Bills – Terkper warns
Ghana Exim Bank to host “Freedom Market” on March 5, 2024
Fitch expects Ghana to conclude external debt restructuring by June 2024
Cedi inches closer to GH¢13 to a dollar as depreciation continues unabated
BoG revises balance, transaction limits of mobile money wallets upwards, starting March 1
Invest in agric value chains to reduce unemployment – Economist
Cedi depreciates 4.44% to dollar since January 1, 2024; one dollar equals GH¢12.85
Measure impact of fiscal policies with month-on-month inflation – Government Statistician
Ghana’s strong policy and reform efforts starting to bear fruits – IMF
Review BoG’s Inflation Targeting framework – US-based economist
Blame government for increasing unemployment and not universities – Gatsi
McDan Group CEO calls for formation of International Consortium of Salt Producers
Engineers urged to embrace peer review of their works
‘A fundamental goal of our business is to empower Ghanaians’ says O-A Danquah says as GNPC equip 166 artisans with start-up tools
Akufo-Addo appoints Ofori-Atta as Senior Presidential Advisor
About 1.96m Ghanaians face acute food and nutrition insecurity – World Bank
Ghana could produce 492,000MT of cocoa beans in 2023/24 crop season, 27% lower than previous season
Ghana’s inflation rate almost 3 times that of Ivory Coast, Togo, and Burkina Faso combined
Local vaccine manufacturer to increase investments; targets Ecowas market
Producer Price Inflation shoots up to 17.4% in January 2024
Average unemployment rate in Ghana in 3 quarters of 2023 hits 14.7%
COCOBOD laments smuggling of 150,000mt of cocoa in 2023
Import Restriction LI has potential to strain trade relations with US, UK, others – 8 foreign trade associations warn
There are still considerable risks that could derail Ghana’s economic recovery – US-based economist
Finance Minister pledges swift completion of Ashanti Region projects
GIPC complains of financial difficulties due to economic headwinds; records low FDI inflows in 2 years
28 developing countries including Ghana remain stuck in debt trap – World Bank
GEA empowered by Japan to enhance MSMEs in Ghana through Kaizen Services
“I will soon visit ports to weed out corrupt activities” – Finance Minister
Cedi depreciates 3.56% to dollar since January 1; $1 going for GH¢12.75
We will be in a dire situation if we fail to meet some tax obligations – Amin Adam
Bawumia launches Tap and Go as public transport sector becomes latest addition to Digital Ghana drive
A quick IMF second programme review will strengthen cedi – currency analyst
African countries to spend $74bn on debt service in 2024; negotiating new terms with private creditors failing – AfDB
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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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