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Ghana must stop excessive reliance on foreign loans – EIU
The Economist Intelligence Unit’s (EIU) Africa Economic Outlook 2025 has advised Ghana to find alternative funding solutions to avoid excess reliance on foreign loans.
According...
Cedi to end 2024, 2025 at GH¢16.07, GH¢17.23 – EIU
The Economist Intelligence Unit (EIU) estimates that the cedi will end 2024 at GH¢16.07 to one US dollar.
It also projects a marginal depreciation of...
EIU revises global GDP up to 2.5% for 2024
The Economist Intelligence Unit (EIU) has revised its global real Gross Domestic Product (GDP) growth in 2024 to 2.5% from 2.4%.
This means growth will...
EIU forecasts oil prices to remain above $80
The Economist Intelligence Unit is forecasting that oil prices will remain above $80 per barrel until late 2025.
This, it said, will lift inflationary pressures...
Commodity prices to broadly stabilise in 2024, but cocoa, coffee prices to increase –...
After three years of extreme volatility, commodities prices are set to broadly stabilise in 2024.
According to the Economist Intelligence Unit Commodities Outlook 2024, this...
EIU’s report is not always accurate – Justin Kodua
The General Secretary of the New Patriotic Party (NPP) has raised objections to a report by the Economist Intelligence Unit (EIU), predicting a win...
Ghana to record average inflation of 18% by end of 2024 – EIU
Ghana will record an average inflation of about 18.0% by the end of 2024, The Economist Intelligence Unit (EIU) has projected.
This will be a...
2024 election: NPP reacts to EIU, Fitch’s prediction
The New Patriotic Party (NPP) has said it is unperturbed about two UK-based research firms' prediction of a victory for the National Democratic Congress...
Mahama likely to win 2024 election – EIU, Fitch predict
Two UK-based research firms are predicting a win for former President John Mahama in the upcoming 2024 Presidential elections.
The firms making this projection are...
High cost of borrowing to make it harder for govt’s to service debts –...
The Economist Intelligence Unit (EIU) is warning of a continuous high cost of borrowing, making it harder for governments including Ghana to issue and...
Interest rates to remain high in most parts of 2024; China, Japan to keep...
The Economist Intelligence Unit (EIU) is projecting high interest rates in most parts of 2024 across the globe with wider margins.
In its Global Industry...
EIU revises cedi depreciation to dollar forecast to 23% in 2023; currency to remain...
The Economist Intelligence Unit (EIU) has revised its projected depreciation of the cedi to dollar in 2023 to about 23.0%, from the earlier 30.0%.
According...
Ghana ranked among 16 African countries with worsened operational risk – EIU
Ghana is ranked among 16 out of 51 African countries whose operational risk worsened between the end of 2022 and mid-2023, the Economist Intelligence...
EIU reaffirms Ghana’s end-year inflation rate of 38.1% on average
Economist Intelligence Unit (EIU) is reaffirming its end-year inflation rate of 38.1% on average for Ghana in 2023.
This means some prices of goods and...
Allotey Jacobs reacts to EIU report on 2024 election
Former Central Regional Chairman of the National Democratic Congress (NDC), Bernard Allotey Jacobs, has disputed the Economist Intelligence Unit's (EIU) prediction for the 2024...
Cedi to depreciate 30% to dollar in 2023 – EIU
The Economist Intelligence Unit (EIU) is predicting a 30% depreciation of the cedi to the dollar in 2023.
This is, however, lower than the about...
NDC likely to win 2024 elections – EIU
The Economist Intelligence Unit (EIU) has predicted that the National Democratic Congress (NDC) is likely to emerge victorious in both the 2024 presidential and...
Cedi to depreciate by about 22% in 2023 – EIU
UK based Economist Intelligence Unit (EIU)is predicting about 22% depreciation of the cedi to the dollar in 2023.
This will rank the local currency as...
Sammy Gyamfi reacts to EIU report
The National Communications Officer of the opposition National Democratic Congress (NDC), Sammy Gyamfi, has welcomed the Economist Intelligence Unit (EIU)’s report which tipped the party...
NDC can win 2024 elections…- EIU
The Economist Intelligence Unit (EIU) has tipped the opposition National Democratic Congress (NDC) as the party with a higher probability to secure victory in...
Peter Otokunor rubbishes EIU report [Audio]
JoyNews/AdomNews · Introducing a new Presidential candidate in 2024 ridiculous – Otokunor rubbishes EIU suggestion
The Deputy General Secretary of the National Democracy (NDC) has...
EIU projects victory for NDC in 2024 polls
The Economist Intelligence Unit (EIU) has projected victory for opposition National Democratic Congress (NDC) in the 2024 elections though the polls are years away.
The...
EIU predicts reduction of lending rates by Bank of Ghana
The Economist Intelligence Unit (EIU) has predicted that the Bank of Ghana (BoG) will lower its lending rate this year.
In
its latest country report,...
Audio: There is nothing scary about EIU report – Asiedu Nketia
General Secretary of the National Democratic Congress (NDC), Johnson Asiedu Nketia, says there is nothing scary about the Economic Intelligence Unit (EIU) report which...
EIU predicts doom for Mahama
With the NDC suffering one million deficit in the 2016 presidential
elections, the latest Economic Intelligence Unit (EIU) report has ruled
out the possibility of...
NPP to win 2020 elections – EIU report
The Economist Intelligence Unit (EIU) has predicted victory for the ruling New Patriotic Party (NPP) in the 2020 election in its latest report.
The report leased on...
Uncertainty over 2020 elections to put pressure on cedi – EIU
The Economist Intelligent Unit (EIU) has indicated that the cedi will continue to lose value against major trading currencies, especially the United States (US)...
NPP reacts to EIU Report
The governing New Patriotic Party (NPP) says it...
NPP primaries: I’m not sure Bawumia would contest again if… – Nana Akomea [Audio]
The Chairman of the Communications Directorate of Dr. Mahamudu Bawumia’s campaign, Nana Akomea, has insisted that the former Vice President’s candidature was not the...
Bawumia cannot be the cause of NPP’s loss – Nana Akomea refutes Bryan Acheampong’s...
Nana Akomea, chairman of the communications directorate for Bawumia's campaign, has debunked Bryan Acheampong's recent assertions that Bawumia's candidature was the major cause of...
NSMQ 2025: Mfantsipim beats Prempeh and Adisadel in fierce contest to book semi-final slot
Defending champions, Mfantsipim School (BOTWE), have once again proven their dominance in the 2025 National Science and Maths Quiz after edging out fierce rivals...
‘Foreign investors won’t save Africa; we will’ – Dangote rallies support for local businesses
Africa’s richest man and President of the Dangote Group, Aliko Dangote, has made a bold call to action for African governments and citizens.
He said...
Migrant crackdown risks choking off critical supply of US workers
At his 1,200-person cleaning business in Maryland, chief executive Victor Moran carefully screens new recruits to make sure they are authorised to work in...
Akufo-Addo, Bawumia and NPP gurus pay last respects to Chairman Kutin [Photos]
The final funeral rites of the Central Regional Chairman of the New Patriotic Party (NPP), Robert Kutin Junior, have been held.
The solemn ceremony took...
10 more arrested for galamsey in Tano Nimiri forest
The Ghana Police Service has intensified its crackdown on illegal mining activities in the Tano Nimiri Forest Reserve and along the Tano River in...
Depoliticize Bawku conflict: Let Asantehene’s wisdom resolve crisis – Otumfuo Gold Coin initiative pleads
The Otumfuo Commemorative Gold Coin Initiative has called on politicians to depoliticize the Bawku conflict and allow the Asantehene, Otumfuo Osei Tutu II, to...
Average Market Rate for Cedi hits GH₵15.81 to the dollar
The cedi continues to depreciate against the U.S. dollar on the foreign exchange market, with rates rising steadily.
As of the close of business on...
Align T-bill rates with inflation and monetary policy – Gideon Boako
The Member of Parliament for Tano North Constituency, Gideon Boako, has raised concerns over the recent decline in Treasury bill (T-bill) rates, arguing that...