Browsing Category
Economy
Rand falls victim to South Africa’s ‘noise’ in dismal November
November has been good to South Africa’s rand for the past five years. This time is different.
South Africa’s currency is on…
Zambia’s foreign debt tragedy – what needs to happen to resolve the crisis
Three years after defaulting on its foreign debt, Zambia is still trying to reach agreement with all its creditors on how to…
ECG’s debt restructuring efforts at risk due to 1.5% electricity tariff…
The recent 1.52 percent reduction in electricity tariffs announced by the Public Utilities Regulatory Commission (PURC) has been…
Remittance inflows soar to $3.2 billion in Q3 2023
Latest data from the Bank of Ghana, disclosed during its recent Monetary Policy Committee meeting on November 27, 2023, reveals a…
Ghana wants to restrict imports on 22 products – an economist explains how,…
Ghana’s Ministry of Trade and Industry has tabled in parliament a proposed ban or restrictions on imports of certain goods,…
The future of agriculture is no more about simple farming tools – Bawumia
The approach to farming is gradually changing to include high-powered technology, Vice President Dr Mahamudu Bawumia has said.…
Ghana to be food sufficient from next year – Finance Minister
Ghana's Minister of Finance, Ken Ofori Atta, expresses confidence in the nation achieving food self-sufficiency by next year,…
Banking industry registers 3.2% annual growth in total assets value
Ghana’s banking sector maintains a steadfast stance, characterized by stability, soundness, liquidity, and profitability, says…
Private sector credit contracts by 7.5% in October, reflecting banks’…
Private sector credit contracts by 7.5% in October, reflecting banks’ caution amid macroeconomic challenges
The Bank of Ghana…
BoG maintains policy rate at 30% again
The Central Bank has maintained its monetary policy rate at 30%.
This is the second time the BoG has maintained the policy rate…