Producer inflation falls slightly to 29.2% in June 2023

July 19, 2023 The Producer Price Index (PPI) rate for June 2023 fell to 29.2%, from 30.3% recorded in May 2023, data from the Ghana Statistical Service has revealed. This rate indicates that between June...

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July 19, 2023 / Comments (0)

MPC to hold policy rate steady at 29.50%; lending rates to remain unchanged

July 19, 2023 The Monetary Policy Committee is expected to hold the policy rate at 29.50%. According to GCB Capital, this will be in support of growth and economic activity as it expects the disinflation...

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July 19, 2023 / Comments (0)

Fuel prices go up

July 19, 2023 There have been marginal fuel price hikes at major filling stations in the country. A visit to the pumps by 3news.com on Monday, July 17 showed that petrol prices have jumped from GH¢12.30...

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July 19, 2023 / Comments (0)

Economic activities in Ghana will get worse before getting better – Fitch Solutions

July 17, 2023 Fitch Solutions has reaffirmed its position that economic activities in Ghana will get worse before getting better in 2023. This is coming despite the expansion of the economy by 4.2%...

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July 17, 2023 / Comments (0)

Ghana offers one of Africa’s most attractive destinations for investment – GIPC

July 17, 2023 The Ghana Investment Promotion Centre (GIPC) has said that Ghana is one of the most attractive investment destinations in Africa. The center indicated that the political stability and the...

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July 17, 2023 / Comments (0)

Govt to exchange US$809m in newly announced dollar denominated DDEP

July 17, 2023 The government has announced a new Domestic Debt Exchange Programme (DDEP) for US dollar denominated bonds targeting to exchange US$ 809 million of the denominated notes and bonds. “The...

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July 17, 2023 / Comments (0)

Ghana’s fiscal economy to recover strongly; budget deficit to narrow substantially to 5.7% of GDP in 2023 – Fitch Solutions

July 13, 2023 Ghana’s fiscal economy is expected to recover significantly this year as the budget deficit would narrow substantially to 5.7% of Gross Domestic Product (GDP) in 2023/2024, down from an...

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July 13, 2023 / Comments (0)

Inflation rate for June goes up marginally

July 12, 2023 Inflation rate has gone up marginally to 42.5 percent in June 2023, from the 42.2 percent recorded in the month of May 2023. This was announced by the Ghana Statistical Service (GSS) on...

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July 12, 2023 / Comments (0)

Ghana overtake Egypt with highest interest rates among 15 top African countries

July 12, 2023 Ghana overtook Egypt with the highest interest rates among 15 top African countries. According to the Weekly Fixed Income Update compiled by some investment firms, the rates of about 24.39%...

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July 12, 2023 / Comments (0)

GIPC CEO highlights green investments as key to attracting global attention

July 11, 2023 In a recent Economic Counselors Dialogue, the CEO of the Ghana Investment Promotion Center, Yofi Grant shed light on the declining Foreign Direct Investment (FDI) landscape in Africa,...

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July 11, 2023 / Comments (0)