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Global Inflation slowly falling but economic growth remains historically low – IMF Researcher

April 26, 2023 A Researcher at the International Monetary Fund (IMF) Pierre-Olivier Gourinchas has said this year’s economic slowdown is concentrated in advanced economies, especially the euro area and...

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April 26, 2023 / Comments (0)

Understanding Ghana’s Growth and Sustainability Levy Act of 2023 (Act 1095)

April 26, 2023 The Parliament of Ghana on the night of 31st March 2023 passed the Growth & Sustainability Levy bill, into law replacing the National Fiscal Stabilisation Levy Act, 2013 (Act 862)....

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April 26, 2023 / Comments (0)

Ecobank Ghana lights up parts of Accra, Tamale to commemorate Eid ul-Fitr

April 26, 2023 As part of its corporate social responsibility, Ecobank Ghana lit up parts of Nima in the Greater Accra region and Tamale in the Northern region to commemorate the Eid ul-Fitr celebration....

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April 26, 2023 / Comments (0)

Ghana’s public debt to GDP decreased by 1% despite debt restructuring – Fitch

April 26, 2023 Despite a significant redemption reprofiling and a substantial reduction in interest rates, Ghana’s public debt-to-Gross Domestic Product (GDP) has only decreased by one percentage point...

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April 26, 2023 / Comments (0)

Local insurance cover for marine cargoes: The new regime

April 26, 2023 Finally, after decades of wrangling and the passing of three versions of the Insurance Act that governs how insurance is provided in Ghana – each an upgrade of the previous law – local...

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April 26, 2023 / Comments (0)

Bond market: trading rebounded after sluggish activity

April 26, 2023 Trading activity in the Ghanaian secondary bond market gained some momentum, as aggregate volume traded surged last week to ¢331.54 million. Investor interest in the new bonds was slightly...

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April 26, 2023 / Comments (0)

Fitch downgrades Ghana’s borrowing capacity to ‘Restrictive Default’

April 26, 2023 Fitch Ratings has downgraded Ghana’s Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to ‘RD’ from ‘CCC’. It has also downgraded to ‘CC’ from ‘CCC’ and...

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April 26, 2023 / Comments (0)

Producer Price Inflation falls to 43.7% in March 2023

April 19, 2023 Year-on-year inflation at factory gate prices for all goods and services fell to 43.7% in March 2023, from 50.8% recorded February 2023, according to the Ghana Statistical...

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April 19, 2023 / Comments (0)

Akufo-Addo gives assent to the three new tax bills

April 19, 2023 President Nana Addo Dankwa Akufo-Addo has assented to the three revenue bills passed by Parliament on the last day of sitting before Easter. The bills are the Excise Duty Amendment Bill...

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April 19, 2023 / Comments (0)

Food inflation may go up due to 3 new taxes- Chamber of Agribusiness

April 19, 2023 A Director of Policy and Research Bureau at the Chamber of Agribusiness Ghana, Kojo Ahiakpa, has opined that the three taxes assented to by the president may cause food inflation to rise....

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April 19, 2023 / Comments (0)