Finance Minister, Dr. Mohammed Amin Adams has been warned that he risks a prison sentence if he fails to present the mini-budget to Parliament.
This...
Despite facing significant challenges in 2022, Ghana's Liquefied Petroleum Gas (LPG) consumption saw a modest increase of 4% in 2023.
According to recent data by...
Ghana attracted Foreign Direct Investment (FDI) worth $316 million in the first nine months of 2024, reinforcing its reputation as a prime investment destination...
Fitch Ratings expects the outlook for sub-Saharan African sovereigns to be neutral in 2025.
This the UK-based firm says will reflect a stronger macroeconomic outlook...
Ghana spent 42% of its revenue to servicing debt between 2017 and 2022, according to the 2024 United Nations report on Unpacking Africa’s Debt.
This...
Former Finance Minister Seth Terkper has defended the incoming Mahama administration’s plans to convene a national dialogue to chart a sustainable path for Ghana’s...
Finance Minister, Dr. Mohammed Amin Adam has expressed confidence in the state of Ghana’s economy as the New Patriotic Party (NPP) prepares to hand...
The Ghana cedi clawed back further gains as its resurgence against the dollar continued abated.
The local currency gained 3.8% week-on-week to the US dollar...
Economist and Dean of the University Cape Coast Business School, Prof. John Gasti has advised the incoming John Mahama administration to work at reducing...
BOT Properties has been recognised as the Best Promising Property Company of the Year at the prestigious Ghana Property Awards 2024.
This honour is a...
Although Ghana Cocoa Board’s (COCOBOD) financial position improved in 2023, the current financial year is proving challenging, the International Monetary Fund has stated.
According to...
The government recorded a 19.75% oversubscription of treasury bills barely a week after President Mahama won the presidential elections.
According to the Bank of Ghana's...
President-elect, John Dramani Mahama, has reassured Ghanaians that his administration will not abandon the ongoing International Monetary Fund (IMF) programme.
In an interview with VOA...
Youth in the Ahafo Region with innovative business ideas are set to receive support from the government and private organizations to help reduce unemployment.
At...
The Agricultural Development Bank PLC (ADB) has strongly refuted circulating allegations aimed at tarnishing the reputation of the Bank and its Deputy Managing Director,...
The recapitalisation of banks is progressing, but credit risks have increased, the International Monetary Fund has stated.
The Washington-based multilateral institution, however, said the banking...
Former Minister of Finance Seth Terkper has revealed that President-elect John Mahama’s proposals to renegotiate the International Monetary Fund (IMF) programme will be guided...
SikaFX, an innovative money transfer platform, is excited to announce its launch in Ghana’s financial sector.
The company’s goal is to streamline international remittances, providing...
The Office of the Registrar of Companies (ORC) has announced plans to delist approximately 500,000 business names and 5,000 companies from its register by...
President-elect John Dramani Mahama has identified stabilising the Ghanaian currency as his foremost priority once the transfer of power is completed.
Acknowledging the adverse impact...
The former Finance Minister, Seth Terkper, says there are positive signs that Ghana’s economy is progressing.
During the inauguration of the transition team in Accra...
The International Monetary Fund (IMF) has revealed that proposals to re-negotiate Ghana’s programme must be guided by the fiscal objectives of the Extended Credit...
Ghana’s classification as high debt distress country is likely to be reviewed after 2028.
This was captured in the International Monetary Fund (IMF) Staff Report...
President-elect John Dramani Mahama has pledged to review and adjust Ghana’s existing agreements with development partners to align with the country’s current needs and...
The Ghana Revenue Authority (GRA) has categorically denied recent reports alleging its involvement in the auctioning of vehicles.
In a statement issued on December 11,...
Global rating agency, S&P, has projected that Ghana’s public debt to Gross Domestic Product (including COCOBOD obligations) will remain above 60% of GDP in...
The International Monetary Fund (IMF) has completed the third review of Ghana's $3 billion Extended Credit Facility (ECF) programme, highlighting significant risks that could...
Fiscal consolidation efforts in Sub-Saharan Africa including Ghana will gain renewed focus in 2025, Fitch Solutions has revealed in its latest report dubbed “Sub-Saharan...
Consolidated Bank Ghana (CBG) has resumed its foreign exchange trading operations following the restoration of its licence by the Bank of Ghana (BoG).
The Central...
Claim 1: A Facebook user claims John Mahama, the NDC 2024 flagbearer, left office on January 6, 2017, when Ghana’s debt-to-GDP ratio was 56%.Â
Verdict: False!
Explanation
Data from...
