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Given the cedi’s stellar performance against its major trading partners, particularly the US dollar, the Ghana Union of Traders Associations (GUTA) has hailed efforts of the fiscal and monetary authorities in the development – citing its…

Despite the current scarcity and hikes in the price of local rice in the Northern sector, demand for the commodity continues to soar on the market as compared to other products. The high demand for local rice has made its trade in the…

An economist at the University of Ghana Business School (UGBS) says the upsurge of the cedi against the major trading currencies may not last long.  Professor Godfred Bokpin said even though the stabilisation is good, it cannot be…

The Ghana Cedi has continued its bullish run against major international currencies with a massive gain in value, sending the US Dollar tumbling with a current exchange rate of $1 to GH¢7.9, according to the Bank of Ghana (BoG). In the…

Consumers should expect to pay a premium for the main delicacy of Christmas – fowl, as prices on the market have shot up by at least 75 percent due to high cost of production in the country’s poultry farms. President of the Ghana…

Plans to set up, once again, a national carrier for the country are far advanced, as processes to operationalise it are in their final stages. This was revealed by Ing. Charles Kraikue, Director-General of the Ghana Civil Aviation…

As I have said here many times before, institutional traders are like sports talk radio host in that they consistently overreact to every bit of news. Having been there, I know why. When you are 100% focused on something all day…

Supply shortages and insufficient investment in new supply will result in a bumper year for commodities in 2023, Goldman Sachs says, expecting the S&P GSCI commodity index to post a 43% return next year. Commodities are set to be the…

Government has been urged to provide tax reliefs to boost the capacity of local businesses and enable them employ many Ghanaians especially fresh graduates. Michael Bartlett-Vanderpuye, Group Chairman, M&C Group (Global), made this…

Inflation is likely to peak in the first quarter of 2023, and ease to around 25% by the end of 2023, the Bank of Ghana’s November 2022 Monetary Policy Report has disclosed. This forecast is however conditioned on the tightness of…