Category: BUSINESS
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 [...]
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 [...]