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Despite recent dampening sentiments in the currency market, the government remains optimistic about the stability of the Cedi. Last week, the local currency crossed the GH¢16 mark against the US Dollar on the FX retail market, as some…

Leader of the political movement, The New Force, has put forward alternatives to achieving a 24-hour economic policy. Nana Kwame Bediako argued that industrialisation is the only viable path to success. Speaking during the launch of…

Chief Executive Officer-Ghana Investment Promotion Authority (GIPC), Yofi Grant, has raised concerns about the harassment of foreign-owned businesses by tax officers from Ghana Revenue Authority (GRA). He lamented that on a daily basis…

The year-on-year inflation for September 2024 has risen to 21.5%, up from 20.4% in August 2024. The Ghana Statistical Service(GSS) has attributed the increase to a rise in food inflation. Food inflation surged to 22.1 percent from…

In a move to safeguard the country’s financial system, Head-Fintech and Innovation, Bank of Ghana (BoG), Kwame Oppong has announced the regulator’s initiative to implement a comprehensive plan in addressing the growing menace of mobile…

For two consecutive months, the government missed its target for treasury bills as liquidity remained tight on the money market. According to auction results from the Bank of Ghana, the government’s target fell by 991.61 million The…

Cocoa’s shortage is set to deepen further this season amid persistent production challenges from poor weather and disease. Demand will exceed production by 462,000 metric tons, the International Cocoa Organization said in its third…

In 2024, the profiles of African billionaires continue to see remarkable fluctuation, demonstrating how swiftly fortunes can change in the continent's unpredictable economic environment. From abrupt market volatility to revolutionary…

Former Finance Minister, Seth Terkper, has stated that the next National Democratic Congress (NDC) administration will manage energy sector levies more effectively than the current New Patriotic Party (NPP) government. He criticized the…

Weaker-than-expected Chinese oil demand and high inventories globally have prompted economists and analysts in a Reuters poll to reduce their oil price forecasts for 2024 for the fourth consecutive month. The experts in the monthly…