Category: BUSINESS
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 [...]
Ghana could end 2024 with significantly higher fuel prices – COPEC
The Chamber of Petroleum Consumers (COPEC) has predicted that Ghana could end 2024 with significantly higher fuel prices if tensions in the Middle Eas [...]
Debt stock hits GHC 761.2bn as of July 2024; every Ghanaian owing GHC22,076
Ghana’s debt stock has reached GH₵ 761.2 billion representing 75.7 percent of the country’s gross domestic product (GDP) by July 2024.
Compared to [...]
UAE remains Ghana’s top export destination – GSS reveals
The United Arab Emirates (UAE) remains Ghana's top export destination, for the second quarter of 2024, accounting for GH₵15.0 billion, data from the G [...]
Policy rate to go down between 1.0% and 1.5% – Report
The Monetary Policy Rate (MPR) of the Bank of Ghana is expected do down between 1.0 and 1.5 percentage points at the next Monetary Policy Committee (M [...]
Inflation to ease to 19% in September 2024
Inflation is expected to decline further to 19.0% year-on-year in September 2024, IC Research has predicted.
However, it expects month-on-month inf [...]
Tomatoes in Season: A Nutritional, Economic, and Food Security Asset in Ghana
Tomatoes are in season again. The versatile and widely used ingredient in West African and Ghanaian cuisine is back in abundance and at relatively che [...]
Fuel prices projected to drop for fourth consecutive time
The Chamber of Petroleum Consumers (COPEC) anticipates a reduction in fuel prices in the upcoming pricing window starting Monday, September 16, 2024.
[...]
Government increases producer price of cocoa by 45% for 2024/25 crop season
Government has announced a 45 percent increase in the producer price of cocoa for the 2024/2025 crop season.
By this, a 64 kilogramme bag of cocoa [...]
Total assets of banking sector increase by 33.3% to GH¢323.2bn – BoG
Total assets of the banking sector grew by 33.3 percent to GH¢323.2 billion as at June 2024, relative to a growth of 21.2 percent recorded in June 202 [...]