Pandemic’s new wave pushes BoG to stay policy rate again

February 2, 2021 For the fifth consecutive time, the Monetary Policy Committee (MPC) of the Bank of Ghana has maintained the policy rate at its current rate of 14.5 percent, following risks to inflation and...

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February 2, 2021 / Comments (0)

Ghana’s trade surplus hits US$2 billion in 2020

February 2, 2021 Despite the impact of coronavirus pandemic on global economies, Ghana recorded a trade surplus of US$2.015 billion in 2020, data from the Bank of Ghana has revealed. This was...

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February 2, 2021 / Comments (0)

Conservation Agriculture mechanisation good for Ghana’s future – experts

January 27, 2021 The Ministry of Food and Agriculture (MOFA) in collaboration with the Food and Agriculture Organisation (FAO) has called for an urgent adoption of Conservation Agriculture (CA)...

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January 27, 2021 / Comments (0)

AfCFTA commences single Africa trading

January 4, 2021 The African Continental Free Trade Area (AfCFTA) is a free trade area founded in 2018, with trade commencing January 1, 2021.  It was created by the African Continental Free Trade...

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January 4, 2021 / Comments (0)

Migrants’ remittances contribute 5.5% to GDP

December 22, 2020 Ghanaian migrants’ remittances in 2019 stood at US$3.7billion, which equals 5.5 percent of the country’s Gross Domestic Product (GDP), a report from the United Nations Department of...

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December 22, 2020 / Comments (0)

BoG to unwind countercyclical measures in financial sector – Governor

December 22, 2020 Dr Ernest Addison, Governor of the Bank of Ghana, has hinted of plans to undo all countercyclical measures implemented in the financial sector due to...

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December 22, 2020 / Comments (0)

PPI for November 2020 increased slightly to 8.8% – Statistical Service

December 17, 2020 New figures released by the Ghana Statistical Service (GSS), indicate that the Producer Price Inflation rate for November 2020 was 8.8 percent. This rate indicates that between November...

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December 17, 2020 / Comments (0)

Q3 GDP to signal recovery – Economist

December 16, 2020 The Ghana Statistical Service (GSS) will today release data on the economy’s third-quarter performance, which is expected to signal the much-needed post-COVID-19 recovery. The...

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December 16, 2020 / Comments (0)

Coronavirus: Airlines to lose US$66 per passenger – IATA

December 10, 2020 Airlines are projected to lose US$66 for every passenger carried for the rest of this year due to what the International Air Transport Association (IATA) describes as the “unrelenting”...

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December 10, 2020 / Comments (0)

COVID-19 related interventions pushing debt stock to unsustainable levels – BoG Governor

November 24, 2020 Governor of the Bank of Ghana Dr. Ernest Addison has stated that the current debt-to-GDP ratio of 71 percent could be an indication that government is approaching its limit when it comes to...

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November 24, 2020 / Comments (0)