Economics and Business
World Bank casts doubts over Ghana’s ability to reach upper-middle income status by 2037
November 3, 2022
World Bank casts doubts over Ghana’s ability to reach upper-middle income status by 2037
The World Bank is casting doubts over Ghana’s ability to reach upper-middle income status by 2037-2040 and graduate to high-income…
Ghana’s inflation rate is 148% – Professor Hanke
November 3, 2022
Ghana’s inflation rate is 148% – Professor Hanke
A Professor of Applied Economics at Johns Hopkins University, Professor Steve H. Hanke, has pegged Ghana’s inflation rate at 148%.…
Cedi gained 1.07%, 3.36% value against dollar, pound last week
November 1, 2022
Cedi gained 1.07%, 3.36% value against dollar, pound last week
The Ghana cedi gained 1.07% value against the US dollar on the retail market last week. It also appreciated 3.36%…
Cedi strengthens again to the dollar; one dollar now ¢13.60
October 31, 2022
Cedi strengthens again to the dollar; one dollar now ¢13.60
The rate of depreciation of the cedi slowed down for three days running as the local currency is now going…
Once you print currency, prices will go up – UCC lecturer, Seyram Kawor
October 28, 2022
Once you print currency, prices will go up – UCC lecturer, Seyram Kawor
A Senior Finance Lecturer at the University of Cape Coast(UCC) Business School, Seyram Kawor is advising the Bank of Ghana…
Over reliance on monetary policy to fight inflation, stabilise cedi not working – GNCCI
October 27, 2022
Over reliance on monetary policy to fight inflation, stabilise cedi not working – GNCCI
The Ghana National Chamber of Commerce and Industry (GNCCI) is raising concerns about the excessive reliance on monetary policy by…
It’s fake, disregard reports that we intend restricting Foreign Exchange Account holders – BoG
October 27, 2022
It’s fake, disregard reports that we intend restricting Foreign Exchange Account holders – BoG
The Bank of Ghana has dismissed social media reports that it will on Sunday, October 30, 2022, slap serious restrictions…
Brent crude to average $92 per barrel in 2023 – World Bank
October 27, 2022
Brent crude to average $92 per barrel in 2023 – World Bank
The price of Brent crude is forecast to average $92 per barrel in 2023, down from a projected $100 per…
Cedi appreciating against the Dollar – Forex Bureau Association
October 26, 2022
Cedi appreciating against the Dollar – Forex Bureau Association
The President of the Forex Bureau Association of Ghana, K. T. Dadzie, has disclosed that the exchange rates have reacted…
Restoring fiscal, debt sustainability won’t be easy, it’ll require difficult but firm decisions – Bawumia
October 26, 2022
Restoring fiscal, debt sustainability won’t be easy, it’ll require difficult but firm decisions – Bawumia
Vice President Dr Mahamudu Bawumia has admitted that achieving fiscal and debt sustainability is not going to be an easy task.…