Economy to reach gradual path to recovery in 2024, but lower than pre-pandemic average – Fitch Solutions

November 22, 2023 Fitch Solutions has reiterated that Ghana’s economy will reach the gradual path to recovery in 2024. However, growth will remain below its pre-pandemic average of about 5%. The UK-based...

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November 22, 2023 / Comments (0)

Ghana has a huge food market for Investment- Fairtrade boss

November 22, 2023 Mr. Pau März, Managing Director of Fairtrade, has noted that, with an almost 40 million population, Ghana has a significant food market for investment. He added that the country’s...

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November 22, 2023 / Comments (0)

GRA confiscates illicit tobacco products valued at ¢7.9m

November 22, 2023 The Customs Division of Ghana Revenue Authority (GRA) has confiscated a substantial quantity of illicit tobacco products, which were unlawfully smuggled into Ghana through unapproved border...

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November 22, 2023 / Comments (0)

Cedi depreciation slowed down last week; one dollar equals ¢12.18

November 21, 2023 The Ghana cedi would remain relatively stable this week, following the recent approval of the $800 million cocoa syndication loan by Parliament, and the $102.6 million African Development...

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November 21, 2023 / Comments (0)

G20-led summit for Africa highlights renewed interest in fast-growing continent

November 21, 2023 Leaders from more than a dozen African countries will gather in Germany over the next two days for the G20 Compact with Africa conference, which aims to help bolster private investment in...

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November 21, 2023 / Comments (0)

Ecobank and African Guarantee Fund sign $200m risk-sharing agreement

November 20, 2023 Ecobank and the African Guarantee Fund (AGF), a specialised pan-African guarantee provider, have joined forces in a groundbreaking $200 million risk-sharing agreement, aimed at catalysing...

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November 20, 2023 / Comments (0)

Budget 2024: Here are 10 key takeaways

November 16, 2023 The Finance Minister, Ken Ofori-Atta, presented a 48-page budget document to Parliament on Wednesday, November 15, 2023. Here are the 10 key takeaways from his presentation. SLIDE 1 SLIDE 2...

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November 16, 2023 / Comments (0)

2024 Budget: Economy projected to be valued at over ¢1trn in 2024

November 16, 2023 Finance Minister, Ken Ofori-Atta, has revealed that Ghana’s economy under President Akufo-Addo’s final year in office is projected to be valued over ¢1 trillion in 2024 from...

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November 16, 2023 / Comments (0)

Ofori-Atta to present 2024 budget in Parliament

November 15, 2023 Finance Minister Ken Ofori-Atta is expected to present the government’s 2024 Annual Budget Statement and Economic Policy to Parliament today, November 15. This is a constitutional...

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November 15, 2023 / Comments (0)

October 2023 inflation drops to 35.2%

November 14, 2023 The year-on-year Inflation for the month of October 2023 fell to 35.2% from the 38.1% recorded in September 2023. Data from the Ghana Statistical Service showed that the decrease in the...

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November 14, 2023 / Comments (0)