Cedi to continue losing streak; depreciates by about 17% to dollar
The Ghana cedi will continue to lose ground to the major trading currencies this week on the back of persistent corporate demand.These are the...
T-bill yields to continue downward trend
Treasury yields are expected to tumble further due to the positive inflation outlook in the medium term.Inflation took a nose dived in April 2024...
Cedi free-fall has left our business in crisis – Food and Beverages Association
Traders across the country are crying foul over the devastating impact of the depreciating cedi on their activities.The business community is up in arms...
Fuel prices to ease from May 16 – IES
Fuel prices are expected to fall marginally from May 16, 2024, the Institute for Energy Security has predicted.This is due to the reduction of...
CalBank temporarily suspends GH¢600m capital raising
Cal Bank Plc has temporarily suspended the remaining processes for completion of the Capital Raise, notably the allotment of shares.This follows a court injunction...
Kodua Fokuo must have met BoG’s requirements to head NIB – Banking Consultant
A Banking Consultant, Dr Richmond Atuahene has stated that the appointment of Tweneboah Kodua Fokuo as Managing Director of the National Investment Bank (NIB)...
ECOWAS Bank to inject $200m into Ghanaian economy
The ECOWAS Bank for Investment and Development (EBID), has strengthened its transformative partnership with Ghana by committing to inject $200 million into the Ghanaian...
Invoices on debts owed IPPs to reach $450m by end of year
The cumulative invoice on debts owed Independent Power Producers (IPPs) is projected to hit $450 million by the end of the year, should talks...
Illegal mining effect on cocoa production can’t be solved by COCOBOD alone – ISSER Researcher
A researcher at the Institute of Statistical Social and Economic Research (ISSER), Professor Fred Dzanku says addressing the impact of illegal mining on cocoa...
Cedi depreciation better this year – Finance Minister
Finance Minister, Dr. Mohammed Amin Adam has noted a slower rate of depreciation for the cedi this year compared to the previous year.Despite recent...
Finance Minister forecasts 15% inflation rate by close of 2024
The Finance Minister, Dr Mohammed Amin Adam, has stated that the government's pragmatic policies are effectively steering the economy in the right direction.He highlighted...
IEA’s Dr Kwakye proposes solution to cedi depreciation
The Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwabena Kwakye, has suggested adopting the dollar as Ghana’s currency to...
Nana Kwesi Koranteng Obeng: Bridging the gap for content creators
In the fast-paced world of digital content creation, there's often a hidden figure behind the scenes who play a crucial role in connecting creators...
GUTA raises alarm over depreciation of cedi and rising freight charges
The Ghana Union of Traders Association (GUTA) has raised alarm over the current depreciation of the cedi and rising freight charges, stating that it...
Parliamentary candidacy won’t interfere with bank duties – New NIB MD
Tweneboa Kodua Fokuo, the newly appointed Managing Director (NIB) of the National Investment Bank (NIB), has clarified that his role as a Parliamentary Candidate...
Your welfare paramount to us – Finance Minister tells GRA officers
The Minister of Finance, Dr Mohammed Amin Adam, has pledged better conditions of service for the staff of the Ghana Revenue Authority (GRA) and...
Investment decisions must integrate ESG principles – BoG Governor
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison says companies seeking to invest in the country must integrate sustainability principles in...
BoG Governor calls for more investment in fintech space
The Governor of the Bank of Ghana has called for more investment in Africa's fintech space.According to Dr. Ernest Addison, this move will accelerate...
CBG commissions Sickbay Project at Berekum
Consolidated Bank Ghana Limited (CBG) has officially launched the CBG Sickbay Project by commissioning an ultra-modern sickbay at Methodist Senior High/Technical School in Berekum.This...
Cedi can only stabilse temporarily but will keep on depreciating – Prof Bokpin
Economist and professor of finance at the University of Ghana, Prof Godfred Bokpin, has asserted that the cedi can only be stabilised temporarily from further...
Dollarisation of Ghana’s economy not solution to cedi depreciation – ASEPA
The Alliance for Social Equity and Public Accountability (ASEPA) has disagreed with suggestions by Dr John Kwabena Kwakye, the Director of Research at the...
Listing &Trading of Atlantic Lithium shares on GSE: A historic event in Ghana’s mineral resource exploration – Land Minister
Hon. Samuel A. Jinapor, MP, Minister Lands and Natural Resources, has hailed the listing of Atlantic Lithium's shares on the Ghana Stock Exchange (GSE)...
Dr Nick Danso Agyei crowned “Entrepreneur of the Year”
In a night of significant achievements at the Ghana-West Africa Business Excellence Awards on May 10, 2024, Dr. Nick Danso Adjei, Chief Executive Officer(CEO)...
Help me succeed as Finance Minister – Amin Adam to GRA
Ghana's Minister for Finance, Dr. Mohammed Amin Adam has emphasized the crucial role of the country's revenue collection institutions in supporting the government's revenue...
Grenada Prime Minister in Ghana for 3iAfrica Summit
The Prime Minister of Grenada, Dickson Amiss Thomas Mitchell is in Ghana for the 3iAfrica Summit.The summit will take place between Monday, May 13...
Risk of stronger US dollar could affect Emerging Markets credit momentum – Fitch
Ratings agency Fitch Ratings believes a sustained period of US dollar strength against emerging market (EM) currencies including Ghana could weigh on some EM...
Ghanaians, businesses to become poorer 10 years from now if… – Ken Thompson
Director of Dalex Finance, Ken Thompson, has said that businesses and Ghanaians in general, are going to become poorer in the next 10 years...
World Bank and IMF can press Ghana to rethink ‘punitive’ LGBTQ law
The World Bank and the International Monetary Fund are coming under pressure to use their financial might to persuade Ghana to reconsider a proposed...
Tweneboa Kodua Fokuo appointed Managing Director of NIB
Mr. Tweneboa Kodua Fokuo has taken over from Mr. Samuel Sarpong as the Managing Director of the National Investment Bank (NIB).His appointment takes effective...
We’ll address concerns of illegal MoMo charges – BoG
The Bank of Ghana has initiated discussions among relevant stakeholders to address concerns regarding unauthorized mobile money transfer charges.This comes amidst mounting apprehension over...
Keeping interest rates ‘unnecessarily high’ will make Ghanaian cedi suffer more – Togbe Afede to BoG
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has voiced his concerns regarding the Bank of Ghana's (BoG) interest rates, emphasising their potential...
Former UMB boss Nana Dwemoh Benneh appointed CEO of GIIF
The former Managing Director of UMB Bank, Nana Dwemoh Benneh has been appointed by President Akufo-Addo as the Chief Executive Officer of the Ghana...
Bank of Ghana needs drastic restructuring – Togbe Afede XIV
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has called for a significant overhaul of the Bank of Ghana (BoG) to enhance its...
Nduom hints at #BringBackGNBank nationwide campaign
The Global Chairman of Groupe Nduom, Dr Paa Kwesi Nduom has hinted at an impending nationwide tour seeking to campaign for the return of...
Ghana imported £63m textiles from UK in 2023
The latest data from the United Kingdom's (UK) Department for Business and Trade fact sheet has revealed Ghana imported £63 million textile fibres in...
We are confident about our board meeting in June on Ghana’s second review – IMF
The International Monetary Fund (IMF) has indicated that, it is confident Ghana’s second review programme will be completed to help approve some $360 million...
Ring cocoa prices may impact sweet tooth – SBM Intelligence report
Executive summaryThe global cocoa industry faces unprecedented challenges as cocoa supplies tighten and prices surge, impacting chocolate manufacturers and consumers worldwide.Oxfam reports that the...
Bawumia urges African countries to learn from Ghana’s use of digitalisation in corruption fight
Vice President and flagbearer of the New Patriotic Party, Dr Mahamudu Bawumia has urged African countries to emulate Ghana’s digitalisation agenda which has been...
Glovo’s operations in Ghana to end tonight
Food delivery giant, Glovo will cease operations in Ghana effective tonight, Friday, May 10.Despite substantial investments over the past two years aimed at expanding...
More businesses will cease operation in Ghana if… – GNCCI
The Ghana National Chamber of Commerce and Industry (GNCCI) has warned that if the concerns of the business community and industry are not addressed...