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Improving access to trade finance – credit facilities used by importers and exporters to transact business — particularly through the banking system, could see the nation grow its cumulative trade value by as much as US$2.2billion annually…

Foreign holdings of Ghana’s domestic debt is expected to fall to below 10% by the end of the year, Bloomberg has projected. This it says had piled pressure on the Ghana cedi which is seeing signs of improvement in value against the US…

President of the World Lottery Association (WLA), Rebecca Paul, has revealed that $92 billion from lottery proceeds globally have been channeled to ‘Good Causes’ project. She indicated that the stated amount was spent last year alone and…

President of the Ghana Insurers Association, Seth Aklatsi, has disclosed that the government's debt exchange programme as proposed by the Finance Minister, threatens to collapse the insurance industry in Ghana entirely. The programme,…

The Ghana cedi has strengthened in value against the US dollar and other major foreign currencies for the third-day running. According to inter-bank rate checks and foreign bureaus, it is now going for ¢12.80 on average to the US dollar.…

The Member of Parliament for Dormaa East, Paul Apraku Twum Barimah has appealed to the various unions within organised labour to support the government of President Akufo-Addo to revive the economy. According to him, government has…

The State Interests and Governance Authority (SIGA) has promised to enforce measures to address the country’s poor aggregate performance of State-Owned Enterprises (SOEs). Edward Boateng, Director General of SIGA, expressed confidence…

A few blocks from Ghana’s statehouse in Accra sits a 14.5 acre parcel of prime real estate with a football field-sized hole in the middle of it. What should be emerging from the ground is the frame and sweeping, concave roof of the…

The Minister of Trade and Industry, Alan Kyerematen, has called for the promotion of private direct investment and exports in order to revamp the economy and overcome the effects of the current global economic shocks. According to him,…

Although there has been a small rally in the bond market in recent weeks, distressed debt in emerging markets remains a serious weak spot in a global economy preparing for recession. Governments in developing countries need to refinance…