Moody’s keeps economy’s credit outlook at B3 negative

April 21, 2021 Points to elevated debt burden Weak debt affordability Revenue underperformance and Elevated exposure to international capital flow reversal Global credit rating firm, Moody’s Investor...

Written by:

April 21, 2021 / Comments (0)

‘Ghana is a haven of peace, investments are protected’ – Akufo-Addo to Spanish investors

March 30, 2021 “As most of you know, Ghana is a haven of peace, security and stability, indeed, the safest country in West Africa, where legitimate investments are protected. We have witnessed, through...

Written by:

March 30, 2021 / Comments (0)

Parliament endorses 2021 Budget

March 22, 2021 With a majority decision of 137 to 134, Parliament on Friday approved the 2021 Budget after four days of heated debate in the House. This has paved the way for the government to spend...

Written by:

March 22, 2021 / Comments (0)

Economy to rebound strongly as GDP growth nears 5% – Akufo-Addo

March 10, 2021 President Akufo-Addo says Ghana is expected to have a GDP growth rate of about 5 percent following a year affected by the COVID-19 pandemic. Speaking during his State of the Nation address,...

Written by:

March 10, 2021 / Comments (0)

Pandemic’s new wave pushes BoG to stay policy rate again

February 2, 2021 For the fifth consecutive time, the Monetary Policy Committee (MPC) of the Bank of Ghana has maintained the policy rate at its current rate of 14.5 percent, following risks to inflation and...

Written by:

February 2, 2021 / Comments (0)

Ghana’s trade surplus hits US$2 billion in 2020

February 2, 2021 Despite the impact of coronavirus pandemic on global economies, Ghana recorded a trade surplus of US$2.015 billion in 2020, data from the Bank of Ghana has revealed. This was...

Written by:

February 2, 2021 / Comments (0)

Conservation Agriculture mechanisation good for Ghana’s future – experts

January 27, 2021 The Ministry of Food and Agriculture (MOFA) in collaboration with the Food and Agriculture Organisation (FAO) has called for an urgent adoption of Conservation Agriculture (CA)...

Written by:

January 27, 2021 / Comments (0)

AfCFTA commences single Africa trading

January 4, 2021 The African Continental Free Trade Area (AfCFTA) is a free trade area founded in 2018, with trade commencing January 1, 2021.  It was created by the African Continental Free Trade...

Written by:

January 4, 2021 / Comments (0)

Migrants’ remittances contribute 5.5% to GDP

December 22, 2020 Ghanaian migrants’ remittances in 2019 stood at US$3.7billion, which equals 5.5 percent of the country’s Gross Domestic Product (GDP), a report from the United Nations Department of...

Written by:

December 22, 2020 / Comments (0)

BoG to unwind countercyclical measures in financial sector – Governor

December 22, 2020 Dr Ernest Addison, Governor of the Bank of Ghana, has hinted of plans to undo all countercyclical measures implemented in the financial sector due to...

Written by:

December 22, 2020 / Comments (0)