GGEA
Tag Archive

Outlook of African economies in 2024 signal gradual strengthening – IMF

October 25, 2023 The International Monetary Fund has stated the outlook of African economies in 2024 provides hopeful signals that economic activity is gradually strengthening with stronger growth, falling...

Written by:

October 25, 2023 / Comments (0)

Ghana’s public debt to reach 99% of GDP in 2023 – Fitch

October 25, 2023 Rating agency, Fitch, expects Ghana’s public sector debt to reach 99% of Gross Domestic Debt at the end of 2023, from 88% in 2022. This it says will be driven by a depreciation of the...

Written by:

October 25, 2023 / Comments (0)

Ecobank Ghana marks 10th anniversary of Ecobank Day and empowers youth with digital skills

October 25, 2023 Ecobank Ghana, an affiliate of Ecobank Group, the leading pan-African banking group, has made donations to two schools, Potters Village Orphanage, at Dodowa and South Labone Girls Technical...

Written by:

October 25, 2023 / Comments (0)

Bond market: Trading activity rebounds; total market turnover hits record ¢1.26bn

October 25, 2023 Trading activity for the Government of Ghana bonds rebounded after losing significant steam in the prior week. Impressively, the total volume traded advanced significantly, reaching a...

Written by:

October 25, 2023 / Comments (0)

Pressure on cedi to ease this week; one dollar going for ¢12.08

October 25, 2023 The pressure on the Ghana cedi is expected to ease this week, following the anticipated news of the inflow of the $800 million cocoa syndication loan by next month. Analysts believe the...

Written by:

October 25, 2023 / Comments (0)

Manufacturing sector NPL falls, but all other sectors up – BoG

October 24, 2023 Except for the manufacturing sector, all other sectors recorded higher Non-Performing Loan (NPL) ratios in August 2023 compared with the same period in 2022. According to the September 2023...

Written by:

October 24, 2023 / Comments (0)

Producer Price Inflation falls to 25.1% in September 2023

October 23, 2023 The Producer Price Inflation for the month of September 2023 fell by 3.1% to 25.1%. However, the month-on-month change in the PPI between August 2023 and September 2023 was 2.7%. According...

Written by:

October 23, 2023 / Comments (0)

Ecobank Ghana to refurbish computer lab of South Labone Girls Technical Institute

October 23, 2023 Ecobank Ghana as part of its 10 years anniversary has promised to refurbish the computer laboratory of the South Labone Girls Technical Institute. According to the Acting Managing Director...

Written by:

October 23, 2023 / Comments (0)

2024 Budget will address high taxes, rising cost of doing business – Ofori-Atta

October 23, 2023 The Finance Minister, Ken Ofori-Atta, has disclosed that the 2024 Budget will outdoor programmes and initiatives that will address the high cost of doing business in the country. ...

Written by:

October 23, 2023 / Comments (0)

Cedi to weaken for third weak running; going for ¢11.85 to one dollar

October 17, 2023 The Ghana cedi is expected to weaken for the third week running against the US dollar. This follows rising foreign exchange demand from local corporates and importers ahead of the Christmas...

Written by:

October 17, 2023 / Comments (0)