Category: BUSINESS
Fitch to move Ghana out of sovereign default by July 2025
Ratings agency, Fitch, would move Ghana out of sovereign default by July 2025.
This follows its anticipation of the country completing the external [...]
Standard Chartered Forecasts Cryptocurrency Market Value to Soar to $10 Trillion by 2026
Standard Chartered predicts the cryptocurrency market could reach $10 trillion by 2026, driven by surging demand for digital assets, with Bitcoin pote [...]
BoG Governor: Cedi set to appreciate soon, adequate buffers in place
The Bank of Ghana (BoG) says it is taking proactive measures to bolster its reserves in order to address the depreciation of the cedi against major fo [...]
Use local building materials to reduce carbon emissions – Ghanaians urged
A real estate and land agent at Wenchi, William Brown, has underscored the necessity for Ghanaians to use local building materials to reduce carbon em [...]
Women must be encouraged to use bank accounts, not just open them – 2nd Dep. Governor of BoG
The Second Deputy Governor of the Bank of Ghana (BoG) Elsie Addo Awadzi has underscored the need to intensify Gender Inclusive Finance to encourage mo [...]
Cedi resumes depreciation as demand for dollar surges; one dollar equals GH¢16.40
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 d [...]
AGI calls for improved macroeconomic indicators to sustain industry sector growth
The Association of Ghana Industries (AGI) is making a strong case for an improvement in Ghana's macroeconomic indicators.
Chief Executive Seth Twum [...]
IMF projects 3% growth rate for Ghana by end of 2024
The IMF projects that Ghana will end 2024 with a growth rate of 3%, according to the World Economic Outlook Report released in Washington, D.C., on Tu [...]
Fuel price increase: Petrol at GH₵14.49, diesel going for GH₵14.90
More Oil Marketing Companies (OMCs) have increased prices of petroleum products at their various service stations in the country.
[...]
Cedi, naira among 4 worst performing currencies in Sub Saharan Africa in 2024 – World Bank
The Ghana cedi and three other currencies are the worst-performing currencies in Sub-Saharan Africa (SSA) in 2024, the World Bank’s October 2024 Afric [...]