Economy
Ghana bags $2.84bn NTEs in 2020
Ghana bagged a little over $2.84 billion in Non-Traditional Exports (NTEs) in 2020, despite the impact of COVID-19 pandemic on...
Deputy Finance Minister rejects claims of government’s inability to pay salaries
The Deputy Minister for Finance, John Ampontuah Kumah, has described as untrue claims that the government may not be able...
Bloomberg classifies cedi as worst of “Worst Spot Returns” of African currencies
The Ghana cedi has been classified as the worst of African currencies with the “Worst Spot Returns” by Bloomberg. Bloomberg...
Cedi now worst among Africa’s top currencies; depreciates 7.6% to dollar
The Ghana cedi is now the worst-performing currency among Africa’s top currencies just two months into 2022. This is because...
Tackle money repatriation to control cedi depreciation—Gov’t told
The Government has been asked to critically evaluate and monitor the repatriation of income by foreign companies operating in Ghana...
Ghana achieves considerable economic, social progress in 30 years – World Bank
The World Bank has commended Ghana for considerable progress in economic and social progress in the past 30 years, saying,...
Cedi crosses ¢7 to one dollar mark on retail market
The local currency has crossed the ¢7 to one dollar mark on the retail market with less than two months...
GRA to pilot e-commerce, gaming and bet taxes in April
The Ghana Revenue Authority (GRA) has announced that it is preparing to pilot an electronic-commerce, gaming and bet taxes in...
Rent and Transport prices push inflation up to 13.9%
The rising cost of Housing, Water, Electricity, Gas and other Fuels (28.7%) as well as Transport (17.4%) pushed the rate...
Finance Ministry appeals against Moody’s downgrade of Ghana’s rating
The Finance Ministry has appealed against the downgrade of the country’s credit rating to Caa1, from B3 by ratings agency...
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