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I value the partnership and your respective investments in Ghana – Finance Minister tells Heads of Missions from EU

March 4, 2024 The Minister of Finance Dr Mohammed Amin Adam has engaged Ambassadors and Heads of Missions from the European Union in Ghana following his appointment as Minister for Finance. Welcoming the...

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March 4, 2024 / Comments (0)

Inflation to inch up to 23.9% in February 2024

March 4, 2024 Inflation will inch up for the second month running by about 40 basis points to 23.9% in February 2024. According to IC Research, it foresees upside risk to inflation over the next two...

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March 4, 2024 / Comments (0)

BoG revises balance, transaction limits of mobile money wallets upwards, starting March 1

March 1, 2024 The Bank of Ghana (BoG) has revised the balance and transaction limits of customers’ mobile money wallets upward, effective March 1, 2024. A statement from the Ghana Chamber of...

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March 1, 2024 / Comments (0)

IFE, Prefos partner to construct solar assembly plant

February 29, 2024 A German intervention to promote decent work, The Facility Investing for Employment (IFE), has signed a grant agreement with Prefos Limited, a Ghanaian-owned electrical engineering firm,...

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February 29, 2024 / Comments (0)

GIPC reaffirms commitment to creating enabling policies for e-mobility businesses

February 27, 2024 The Deputy Chief Executive Officer (CEO) of the Ghana Investment Promotion Centre (GIPC), Yaw Amoateng Afriyie, has reaffirmed the centre’s commitment to creating enabling policies for...

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February 27, 2024 / Comments (0)

Banks recover in capitalization due to strong growth in 2023 profit – Fitch

February 27, 2024 A significant growth in profitability of banks in 2023 driven by exceptionally high yields on treasury bills is helping the financial intermediaries recover in capitalization from the large...

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February 27, 2024 / Comments (0)

Average unemployment rate in Ghana in 3 quarters of 2023 estimated at 14.7%

February 21, 2024 The average unemployment rate in Ghana for the first three quarters of 2023 was estimated at 14.7%, with the rate among females consistently higher than males, the Ghana Labour Statistics...

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February 21, 2024 / Comments (0)

Producer Price Inflation shoots up to 17.4% in January 2024

February 21, 2024 The Producer Price Inflation (PPI) rate for January 2024 stood at 17.4%, higher than the 16.6% recorded in December 2023. This was in line with the Consumer Price Index which also went up...

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February 21, 2024 / Comments (0)

Cedi depreciates 3.56% to dollar since January 1; $1 going for GH¢12.75

February 21, 2024 The Ghana cedi has lost about 3.56% in value to the US dollar since the beginning of 2024. The local currency lost ground last week despite improved market liquidity. This came on the back...

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February 21, 2024 / Comments (0)

28 developing countries including Ghana remain stuck in debt trap – World Bank

February 21, 2024 The World Bank has disclosed that 28 developing economies including Ghana with – the weakest credit ratings – remain stuck in a debt trap with no hope of escape anytime soon....

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February 21, 2024 / Comments (0)