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Daily: 0.30p | Weekly: GHS 2 | Monthly: GHs 9
GIP Ghana makes first investment to support eSAL’s expansion in Ghana
ICC Chair Maria Fernanda Garza to visit Ghana in March 2024
Duffuor cautions government against excessive taxation
Timely adherence to IMF programme important for next administrative government to succeed – Prof. Turkson
President appoints John Mbroh as new CEO of NPRA
Inflation to fall to 22.4% in January 2024 – Report
World Bank approves $300m for Ghana to strengthen macroeconomic stability, support resilient economic growth
Second tranche of IMF cash hits BoG’s account
Ghana-Germany explore opportunities for shared economic prosperity
Economy yet to fully recover – Dr. Owusu Sarkodie
Fitch predicts favourable outlook for Ghana’s banking sector
Allow revenue assurance to continue during SML system audit – GRA appeals to President
Cedi loses 2.2% in value to dollar since January 2024; one dollar going for GH¢12.43
UK-Ghana auto investor mission for economic transformation comes off on Jan 22
IMF applauds government for commitment to strengthen governance, fight corruption
We will advocate for business-friendly atmosphere; Power challenges is a concern – AmCham
IMF predicts 15.0% end-of-year inflation in 2024, 8.0% in 2025
We are on course to bring down inflation drastically – Governor
Ghana’s fiscal economy to improve significantly; Fiscal deficit to GDP estimated at 5.0% in 2024 – IMF
Ghana’s performance under Fund programme strong; Quantitative and indicative targets met – IMF
Functional private sector participation key to AfCFTA success says Akufo-Addo
‘I am fully committed to fiscal discipline in 2024 election year’ – Ofori-Atta
75% of firms perceive corruption as biggest bane to business operations – UKGCC 2023 Business Survey
Government must invest IMF fund into productive activities not consumption – ISSER Director
72% of firms perceive Ghana’s business environment as lagging behind peers – UKGCC 2023 Business & Competitiveness Survey
External Debt Restructuring: World Bank welcomes agreement on key parameters for Ghana
Cement manufacturers urged to publicise recommended retail prices
GRA announces January 1, 2024 as implementation date for 7 Tax Amendments Acts
$600m IMF cash will be advanced towards budget support – Ofori-Atta
Trade Minister meets cement manufacturers over rising prices
Negotiate with private creditors with tact; they would demand complex debt restructuring – EIU to government
Government to open negotiations with Eurobond holders in London on January 22, 2024
Economy is not robust, it will take 3 years for it to turn around – Dr. Theo Acheampong
Akufo-Addo to host 3-Day Africa Prosperity Dialogues from January 25, 2024
Stalled infrastructure projects to resume soon following debt restructuring deal with external creditors – Ofori Atta
Cedi weakened 1.22% to dollar last week; one dollar going for ¢12.30
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Most Recent
Cedi to end 2024, 2025 at GH¢16.07, GH¢17.23 to one dollar – EIU
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
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