Category: BUSINESS
IMF warns global growth forecast will drop to 2.8% in 2025 due to trade uncertainties
The International Monetary Fund (IMF) has projected that global growth will drop to 2.8 percent from 3.3 percent earlier predicted for 2025. The IMF h [...]
US tariffs: Ghana to be among least affected Sub-Saharan Africa countries – Fitch Solutions
Ghana will be among the least affected countries in Sub-Saharan Africa by the US tariffs announced by President Donald Trump.
According to Fitch So [...]
Tariff hikes will cripple businesses — GUTA Warns
The Ghana Union of Traders’ Association (GUTA) has fiercely rebuked the Public Utilities Regulatory Commission (PURC) over its recent announcement of [...]
IMF endorses utility tariff hike as crucial step for stabilizing energy sector
The International Monetary Fund (IMF) has thrown its support behind the Public Utilities Regulatory Commission’s (PURC) recent decision to increase ut [...]
China slaps 125% tariff on US imports
China has imposed a 125% tariff on US imports, escalating trade tensions between the two nations. This dramatic increase from the previous 84% rate mi [...]
BoG warns against criminal misuse of currency transport boxes
The Bank of Ghana (BoG) has issued a strong warning against the improper use of its currency transport boxes after the discovery of several BoG-brande [...]
BoG to cut policy rate in July 2025 – Report
IC Research, the research arm of IC Securities, believes the Bank of Ghana will cut its policy rate for the first time since November 2024 in July 202 [...]
‘Jobs are going to be affected’ – Trade expert warns of fallout from Trump tariffs
West Africa Director for CUTS International, Appiah Kusi Adomako, has sounded the alarm over potential job losses in Ghana following the United States [...]
Fuel prices set to rise from today; but not all OMCs will follow suit
Prices of petroleum products are expected to see marginal increases at the pumps starting today, April 2.
This is based on the latest Pricing Outlo [...]
Cedi is 7th strongest currency in Africa in quarter 1 2025
The Ghana Cedi placed 7th as the strongest currency in Africa as of the end of the first quarter of 2025.
Its currency per value was estimated at G [...]