March 29, 2023 Fuel prices will fall between 2% and 9% for the third consecutive time from April 1, 2023 with Liquefied Petroleum Gas (LPG) expected to witness its biggest decline in recent times....
March 28, 2023 The Monetary Policy Committee (MPC) of the Bank of Ghana decided to reset the Cash Reserve Ratio on domestic currency deposits for banks from 12 per cent to 14 per cent. This takes effect...
March 28, 2023 The Ghana Union of Traders Association (GUTA) has called on the government to reconsider its plan to introduce three new taxes. Describing such taxes are obnoxious, GUTA said they will...
March 28, 2023 Ghana’s Minister for Finance, Honourable Ken Ofori-Atta, has divulged that Ghana has made significant progress in its discussions for debt treatment with the Paris Club and other...
March 27, 2023 The Bank of Ghana has increased its policy rate by 150 basis points to 29.5% to help check the high inflation and any downside risks to the economy. This means the cost of credit will...
March 27, 2023 Average lending rates shot up marginally to 36.64% in February 2023, from 35.58% recorded in December 2022, data from the Bank of Ghana has revealed. This is equivalent to 3.02% interest...
March 22, 2023 International ratings agency, Fitch Ratings, has upgraded Ghana’s Long-Term (LT) Local-Currency (LC) Issuer Default Rating (IDR) to ‘CCC’ from ‘RD’. The upgrade of the ratings on...
March 22, 2023 The Producer Price Inflation, which measures the average change over time in the prices received by domestic producers to produce their goods and services, fell to 50.8% in February 2023,...
March 22, 2023 The Ghana cedi may record mixed performance against the US dollar this week. This will be similar to what transpired last week as the local currency depreciated by a marginal 0.20% to the...
March 22, 2023 Inflation could fall sharply to below 40% by April 2023. According to a Senior Credit Research Analyst at REDD Intelligence, Mark Bohlund, his base effects analysis indicate that inflation...
