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Remittances into Ghana shoot up despite impact of COVID-19 on jobs abroad

August 26, 2020 Data from the Bank of Ghana made available to Citi Business News shows that the flow of remittances into the country went up marginally within the first half of the year, compared to the...

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August 26, 2020 / Comments (0)

AfDB 2020 Annual Meetings: Building Africa back better after the COVID-19 pandemic

August 26, 2020 For the first time in the history of the African Development Bank, its Annual Meetings will be held virtually to comply with the COVID-19 pandemic-related social-distancing guidelines. The...

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August 26, 2020 / Comments (0)

We’ve paid all depositors of collapsed banks – BoG Governor

August 26, 2020 Governor of the Bank of Ghana, Dr. Ernest Addison has rejected claims that depositors who had their monies locked up with the collapsed banks have not been paid. Dr. Addison said all...

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August 26, 2020 / Comments (0)

50 Ghanaian Entrepreneurs to benefit from €450k German support

August 26, 2020 A total of 50 Ghanaian entrepreneurs of primarily small businesses, are expected to benefit from both technical and financial support of up to €9,000 each. This is through a German...

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August 26, 2020 / Comments (0)

We’ve reduced the Cedi depreciation rate by 50% – Bawumia

August 25, 2020 The Vice President, Dr. Mahamudu Bawumia says the Akufo-Addo government has reduced the depreciation rate of the cedi by 50 percent since 2017. According to him, Ghana runs a flexible...

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August 25, 2020 / Comments (0)

Re-opening borders: Positive COVID-19 persons to wear tracking device …gov’t to bear cost

August 25, 2020 If players in the aviation, immigration and health sector firm up government’s decision to re-opening of the borders – hopefully by September 1 as the President stated – any person...

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August 25, 2020 / Comments (0)

Border closures drop international trade revenue by 42%

August 25, 2020 Restrictions on movement of goods and people imposed by governments around the world to contain spread of the coronavirus pandemic has significantly affected revenue generated from...

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August 25, 2020 / Comments (0)

Producer Price Inflation rate falls to 9.3% in July

August 25, 2020 The Producer Price Inflation (PPI) rate fell slightly in July to 9.3 percent compared with a revised 9.5 percent recorded in June.The month-on-month change in producer price index between...

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August 25, 2020 / Comments (0)

Percentage point increase in debt to GDP in 2020 is the lowest since 2013

August 25, 2020 Accumulation and sustainability of debt relative to gross domestic product (GDP) in the Ghanaian economy have been a major concern to some citizens, financial and economic analysts in...

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August 25, 2020 / Comments (0)

Government creates 15,000 jobs for artisans in northern Ghana

August 25, 2020 The Government has created about 15,000 short-term jobs for artisans in Northern Ghana under the Infrastructure for Poverty Eradication Programme (IPEP). Under the IPEP, the Northern...

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August 25, 2020 / Comments (0)