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Daily: 0.30p | Weekly: GHS 2 | Monthly: GHs 9
Ghana, Zambia to emerge from foreign-currency debt default in 2024 – Fitch
External debt restructuring: Ofori-Atta travels to China next week; Government to meet bondholders
Government to spend GH¢119.62bn on compensation and interest payments in 2024
AI to cut 40% of jobs globally – IMF
External debt restructuring: Deal with external creditors marks major turning point for economy – Ofori Atta
IMF reschedules board meeting on Ghana’s programme to January 19
I welcome debt treatment agreement between Ghana and OCC – IMF Boss
External debt restructuring: Government commends bilateral creditors for reaching a deal; 2nd tranche IMF bailout package to arrive soon
Policy rate to remain high until latter part of 2024 – Report
Disinflation trend to continue but at slower pace – GCB Capital
Joy Business Advisory Series: Businesses urged to consider the macroeconomic situation when budgeting
IMF Board likely to meet on January 18 after OCC completes debt restructuring terms for Ghana
German Ambassador tours Angel Cola factory; praises Dr Kwaku Oteng
GSS launches 2024 Integrated Business Establishment Survey
Ghana Beverage Awards 2023 launched with addition of Sustainability Champion category
The changing face of Ghana’s tea landscape as ‘Koko’, other substitutes become expensive
Eurobond holders very unlikely to lend to Ghana, others in future – former AfDB Director
Ghana gets debt-relief terms, enough to unlock IMF $600m
SSNIT increases monthly pension payment by 15%
Ghana’s unemployment rate to remain at 4.0% in 2024, 2025 – Fitch Solutions
Global growth to slow to 2.4% in 2024 – World Bank
Ghana’s economy to grow by 2.8% in 2024 – World Bank
Ghana ended 2023 with highest average inflation rate in 2 decades
Inflation: 2023 ends with 23.2%, ‘gorbɛ’ and 19 other products record rates above 40%
2023 end-of-year inflation stands at 23.2%; lower than revised target of 31.3%
Joy Business Advisory Series: Engage in strategic investments to stay resilient in difficult times – Ghanaians urged
“We need to manage a tight fiscal consolidation” in an election year – Dr. Addison cautions
Cedi’s performance remained unchanged to dollar in first week of 2024; one dollar equals ¢12.20
Bond market: Market turnover declined by 30.69% week-on-week to GH¢840.6m
Overspending in 2024 election year could stifle economy for next 22 years – Prof. Mensah warns
Ghana expects to receive term sheet on debt revamp on January 9, 2024 – Ofori-Atta
Ghana grapples with slow progress in external debt restructuring talks amidst economic stability concerns in 2024
We recorded zero BoG financing from 2017 to 2019 and 2021 until Covid-19 set in – Governor
Our economy did better than expected in 2023 – Ofori-Atta reiterates
Government to borrow GH¢12.7bn via T-bills in January 2024
Have a long-term plan assuring enough to service country’s debt – Government advised
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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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