Ghana to record end-year inflation of 15.0% in 2024 – IMF

November 4, 2024 Ghana is expected to record an average inflation of 19.5% in 2024, the International Monetary Fund (IMF) has revealed. In its World Economic Outlook, it also predicted an end-year inflation...

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November 4, 2024 / Comments (0)

EU to extend deadline on regulation of exported commodities

November 4, 2024 Ghana and other countries exporting products to the European Union (EU) will have an additional 12 months to address environmental degradation issues, such as illegal mining, impacting...

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November 4, 2024 / Comments (0)

T-bills: Government records another marginal oversubscription but interest rates surge

November 4, 2024 The government recorded another marginal oversubscription of treasury bills but at the expense of rising interest rates. According to auction results from the Bank of Ghana, the government...

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November 4, 2024 / Comments (0)

Ghana’s debt to ease to 70% of GDP in 2024; another debt default unlikely – Fitch

October 23, 2024 Ghana’s debt is expected to decline to 70% of Gross Domestic Product (GDP) in 2024 from 77% of GDP in 223. It is also expected to narrow to 68% in 2025 and 2026 respectively. According to...

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October 23, 2024 / Comments (0)

Ghana’s policy rate of 27% highest in Africa – World Bank

October 23, 2024 Ghana’s monetary policy rate of 27.0% is the highest in Africa, the World Bank has revealed. In its latest October 2024 Africa Pulse Report, the World Bank said the Bank of Ghana and...

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October 23, 2024 / Comments (0)

Budget shortfalls to be substantial in Ghana, Nigeria – Fitch Solution

October 23, 2024 Budget shortfalls will be substantial in Ghana, Uganda and Nigeria, Fitch Solutions has revealed in an article. Dubbed “Return To International Capital Markets Belies Persistence Of...

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October 23, 2024 / Comments (0)

Inflation to end 2024 at 23.2% but to nose dive to 11.5% in 2025 – World Bank

October 23, 2024 Ghana’s inflation is expected to end 2024 at 23.2%, the World Bank has disclosed in its October 2024 Africa Pulse Report. The year-on-year inflation is however expected to take a...

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October 23, 2024 / Comments (0)

Cedi resumes depreciation as demand for dollar surges; one dollar equals GH¢16.40

October 23, 2024 The Ghana cedi lost a marginal value to the US dollar increasing its year-to-date loss to about 26%. This was due to the heightening of corporate demand and the recent Eurobond...

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October 23, 2024 / Comments (0)

GIZ and stakeholders advance inclusive business and green economy

October 23, 2024 The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, in collaboration with the Association of Ghana Industries (AGI) and the Ghana Enterprises Agency (GEA), successfully...

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October 23, 2024 / Comments (0)

Bond market: Secondary bond trade volumes plummet 62.45% to GH¢229m

October 23, 2024 Activities in the secondary bond market continued at a subdued pace, with total trade volume declining by 62.45 percentage points to GH¢229 million. Trading was primarily focused on the...

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October 23, 2024 / Comments (0)