hilarykodji
Author

Inflation likely to peak in quarter 1, 2023 – BoG affirms position

February 20, 2023 The Bank of Ghana has reiterated that inflation is likely to peak in the first quarter of 2023 and gradually ease thereafter. However, headline inflation is projected to remain above the...

Written by:

February 20, 2023 / Comments (0)

Expanding African businesses into multinational entities in 2023

February 15, 2023 Businesses looking to expand and take advantage of new markets often downplay calculating and managing risks associated with the means to expand and the regulatory frameworks of a foreign...

Written by:

February 15, 2023 / Comments (0)

IMF assigns resident financial adviser to Bank of Ghana

February 15, 2023 The International Monetary Fund (IMF) has appointed Leonard Chumo as a financial adviser to the Bank of Ghana upon request. Funded by Switzerland’s State Secretariat for Economic Affairs...

Written by:

February 15, 2023 / Comments (0)

Inflation falls marginally to 53.6% in January 2023

February 15, 2023 Inflation fell marginally to 53.6% in January 2023, from 54.1% recorded in December 2022, latest data from the Ghana Statistical Service has revealed. This is the first time in 19 months...

Written by:

February 15, 2023 / Comments (0)

Fuel prices to fall between 7% and 11% from February 16

February 15, 2023 The prices of petrol and diesel are expected to drop significantly between 7.1% and 10.8% at the pumps, from Thursday February 16, 2023. However, that of Liquefied Petroleum Gas (LPG) will...

Written by:

February 15, 2023 / Comments (0)

Fitch downgrades Ghana’s creditworthiness to deeper junk status; assigns ‘Restricted Default’ to government bonds

February 15, 2023 International ratings agency, Fitch Ratings, has downgraded Ghana’s creditworthiness to further junk status. In its latest report on Ghana, it said “Fitch Ratings downgraded...

Written by:

February 15, 2023 / Comments (0)

Bond market: Market turnover rises 93.5% to ¢1.33bn

February 14, 2023 Market activity on the bond market rebounded sharply, as total volumes of Government  bonds increased by 93.5% week as the government concluded the Domestic Debt Exchange Programme....

Written by:

February 14, 2023 / Comments (0)

Ghana has expenditure deficit of $61b, while seeking $3b IMF deal

February 14, 2023 Ghana’s expenditure plan for the 2023 fiscal regime has a deficit figure of $61 billion revealing how meagre the $3 billion IMF deal could alleviate the economic woes of the country. At a...

Written by:

February 14, 2023 / Comments (0)

Finance Ministry confirms over 80% participation in DDEP

February 14, 2023 The Finance Ministry has confirmed that government secured over 80% participation in the Domestic Debt Exchange Programme (DDEP). This indeed confirms an earlier report by Joy Business that...

Written by:

February 14, 2023 / Comments (0)

Cedi continues rise against dollar; gained 0.81% last week

February 14, 2023 The Ghana cedi continued to rise steadily against the US dollar amidst the Bank of Ghana’s tight foreign exchange intervention. Last week, the local currency gained about 2.31% in value...

Written by:

February 14, 2023 / Comments (0)