Development partners key contributors to Ghana’s growth agenda – Ofori-Atta to German delegation

February 23, 2023 The Minister of Finance, Ken Ofori-Atta, has held bilateral talks with the German Federal Minister for Economic Cooperation and Development (BMZ), Svenja Schulze, focusing on economic...

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February 23, 2023 / Comments (0)

Producer inflation falls marginally to 52.1% in January 2023

February 22, 2023 The Producer Price Inflation (PPI) for January 2023 fell marginally to 52.1%, from 52.2% recorded in December 2022. According to data from the Ghana Statistical Service, the Mining and...

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February 22, 2023 / Comments (0)

Cedi lost 3.14% value to dollar last week; near-term outlook uncertain

February 21, 2023 The Ghana cedi lost about 3.14% value to the US dollar last week as the renewed depreciatory pressures set in. It started the week at about ¢12.50 to the American greenback, but ended the...

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February 21, 2023 / Comments (0)

Bond market: Market turnover rises 93.5% to ¢1.33bn

February 21, 2023 Market activity on the bond market rebounded sharply, as total volumes of Government  bonds increased by 93.5% week as the government concluded the Domestic Debt Exchange Programme....

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February 21, 2023 / Comments (0)

Fitch downgrades Ghana again to ‘Restricted Default’ after failing to pay $40.6m coupon

February 21, 2023 Ratings agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘RD’ (Restricted Default) from ‘C’ after the country missed the...

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February 21, 2023 / Comments (0)

Silver Star Auto continues to expand its offering in the automotive sector

February 20, 2023 Award-winning Ghanaian automobile dealer, Silver Star Auto Ltd has expanded its line of products to give consumers more options for the different segments in the automobile industry. With...

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February 20, 2023 / Comments (0)

Inflation likely to peak in quarter 1, 2023 – BoG affirms position

February 20, 2023 The Bank of Ghana has reiterated that inflation is likely to peak in the first quarter of 2023 and gradually ease thereafter. However, headline inflation is projected to remain above the...

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February 20, 2023 / Comments (0)

Expanding African businesses into multinational entities in 2023

February 15, 2023 Businesses looking to expand and take advantage of new markets often downplay calculating and managing risks associated with the means to expand and the regulatory frameworks of a foreign...

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February 15, 2023 / Comments (0)

IMF assigns resident financial adviser to Bank of Ghana

February 15, 2023 The International Monetary Fund (IMF) has appointed Leonard Chumo as a financial adviser to the Bank of Ghana upon request. Funded by Switzerland’s State Secretariat for Economic Affairs...

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February 15, 2023 / Comments (0)

Inflation falls marginally to 53.6% in January 2023

February 15, 2023 Inflation fell marginally to 53.6% in January 2023, from 54.1% recorded in December 2022, latest data from the Ghana Statistical Service has revealed. This is the first time in 19 months...

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February 15, 2023 / Comments (0)