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E-commerce in Ghana – statistics & facts

December 7, 2022 Online purchases in Ghana have experienced continuous growth over the last few years. This development has been facilitated by several factors, such as the nationwide provision and...

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December 7, 2022 / Comments (0)

Parliament approves 2023 budget

December 7, 2022 Parliament has approved the 2023 Budget Statement and Economic Policy despite opposition from the Minority on the revenue mobilization measures. The House has been debating the statement...

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December 7, 2022 / Comments (0)

Selling price inflation hits record high

December 7, 2022 Business conditions in Ghana’s private sector continued to deteriorate markedly in November, as currency weakness and steep inflationary pressures hit demand. In fact, the latest increase...

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December 7, 2022 / Comments (0)

Germany commits €82m grant to economy

December 7, 2022 The Government of the Federal Republic of Germany has committed to invest about €82 million in grants into critical sectors of the Ghanaian economy next year. The German government made...

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December 7, 2022 / Comments (0)

Domestic debt exchange: No haircut on treasury bills, principal bonds – Gov’t

December 6, 2022 Government has announced that there will be no “haircut” on the principal of bonds and that individuals with government bonds will have their full investments on maturity. In a public...

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December 6, 2022 / Comments (0)

World first: Bosch and Mercedes-Benz’s driverless parking system approved for commercial use

December 6, 2022 Stuttgart, Germany – Bosch and Mercedes-Benz have reached an important milestone on the way to automated driving: Germany’s Federal Motor Transport Authority (KBA) has approved their...

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December 6, 2022 / Comments (0)

Interest rate hits all-time high of 31.4%

December 6, 2022 Average rates on loans given to individuals and businesses by banks in the country stand at 31.4 per cent at end-October 2022. This is on the account of increments in the Bank of Ghana’s...

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December 6, 2022 / Comments (0)

Debt exchange kicks off – Bonds replaced by 4 new ones, Interest payment deferred to 2024

December 6, 2022 The government has launched a voluntary exercise that allows institutions that hold bonds issued locally in Ghana cedis to postpone their interest on the investments in return for full...

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December 6, 2022 / Comments (0)

6 ways to protect your financial investments against depreciation in Ghana

December 6, 2022 If you’re an investor in Ghana, then protecting your financial investments against depreciation of the cedis is key to you especially now. The currency Ghana cedis has been on a...

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December 6, 2022 / Comments (0)

Finance Minister officially announces Domestic Debt Exchange programme

December 5, 2022 The Minister of Finance, Ken Ofori-Atta has announced the Domestic Debt Exchange programme that was introduced by the government in the 2023 budget. He announced this at a press conference...

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December 5, 2022 / Comments (0)