Browsing: Economy
Fedco, the issuer of last week’s landmark CP is the 3rd largest LBC and now commands a 10.5% share while its activities affect 70,000 farmers and over 400,000 lives nationwide.
Only 37% of businesses in Ghana currently accept or use digital payments, with the agricultural sector recording the lowest…
Addressing the media from Washington, D.C., Secretary-General of AfCFTA, Wamkele Mene, emphasised that the decision by U.S President, Donald Trump, underscores the urgent need for African nations to fast-track the implementation of policies that promote intra-African trade and reduce overreliance on global powers.
“While the policy tightening will affect funding costs and credit pricing in the near term, the financial system is well-positioned to absorb these effects”, Governor of the Bank of Ghana, Dr. Johnson Asiama, speaking at the maiden post-MPC meeting with CEOs of commercial banks in Accra last week, noted.
This means that government is openly calling the bluff of investors who are gradually pulling back from buying treasury bills that offer interest rates that are between 450 and 700 basis points below year on year consumer price inflation.
Minister of Foreign Affairs, Samuel Okudzeto Ablakwa has announced that Ghana and Japan have committed to three priority initiatives.…
The Minister of Finance, Dr. Cassiel Ato Forson, has announced plans to roll out a policy that will require…
Ghana currently owes in excess of US$200 million dollars after American companies completed services for state owned ECG and AirtelTigo,…
By Toma Imirhe Early data for 2025 from the Bank of Ghana suggests that the surprisingly strong economic growth Ghana…
To this, an economist and lecturer at University of Ghana Business School believes Ghana is likely to obtain waivers on some of its performance targets, suggesting that the IMF will likely accommodate some of the missed targets as the President Mahama administration is new.