The International Monetary Fund (IMF) has completed the third review of Ghana's $3 billion Extended Credit Facility (ECF) programme, highlighting significant risks that could...
Fiscal consolidation efforts in Sub-Saharan Africa including Ghana will gain renewed focus in 2025, Fitch Solutions has revealed in its latest report dubbed “Sub-Saharan...
Claim 1: A Facebook user claims John Mahama, the NDC 2024 flagbearer, left office on January 6, 2017, when Ghana’s debt-to-GDP ratio was 56%.Â
Verdict: False!
Explanation
Data from...
Gold produced in Ghana is primarily exported to four countries.
According to the Trade Statistics Report from the Ghana Statistical Service, United Arab Emirates (40.1%)...
Ghana recorded a trade surplus of GH₵3.9 billion in the months of 2024, the Ghana Statistical Service (GSS) has stated.
According to the GSS, exports...
The Mayor of the Kumasi Metropolitan Assembly (KMA), Samuel Pyne, has dismissed claims on the closure of the Kejetia Market on December 7, 2024.
The...
Dr Mohammed Amin Adam, the Minister for Finance, says Ghana’s economy has rebounded very strongly from the recent challenges.
He said notably the macroeconomic front...
More Oil Marketing Companies are increasing prices of petroleum products at the pumps.
This is despite an earlier industry data which suggested that prices may...
Ghana’s annual inflation rate rose to 23 percent in November, reaching a six-month high as food prices continued to surge, the Ghana Statistical Service...
Tullow Oil has provided an update in its Trading Report released on November 29, 2024, revealing that the International Arbitration Court in London is preparing...
The Greater Accra Regional Minister, Daniel Nii Kwartei Titus-Glover, has commended Vice President Dr. Mahamudu Bawumia for introducing a solar-powered outboard motor to address...
The government has acknowledged that the ongoing parliamentary impasse has stalled the disbursement of $300 million in World Bank funding, part of a broader...
The United States, through the U.S. Agency for International Development (USAID), has announced a $3 million (over 48 million Ghanaian cedis) package to assist...
Some Oil Marketing Companies (OMCs) have begun marginally increasing fuel prices as the first pricing window for December takes effect.
Shell has taken the lead,...
The International Monetary Fund (IMF) has revealed that Ghana’s fiscal performance is on track to achieve a primary surplus of half percent of Gross...
The Vice President and New Patriotic Party (NPP) presidential candidate, Dr. Mahamudu Bawumia, has reaffirmed his commitment to remove taxes on mobile phones to...
The Minister for Employment, Labour Relations, and Pensions, Ignatius Baffour Awuah, has extended the tenure of the current Board of Trustees of the Social...
The Bank of Ghana has indicated that domestic macroeconomic conditions remain stable.
According to the Bank of Ghana, data observed through October 2024 indicated broad...
Former Kumbungu Member of Parliament, Abdulai Mohammed Mubarak, popularly known as Ras Mubarak, has filed a lawsuit against Scancom PLC, operators of MTN Ghana,...
The total value of secured loans granted by banks and Specialised Deposit-Taking Institutions in the 3rd quarter of 2024 was concentrated in the Greater...
MGA Consulting Ghana Limited, a rapidly growing management consultancy firm, has been honoured with the Overall Best Business Promotion & Consultancy Sector Award at...
The government has intensified efforts to revitalize the agricultural sector through the Economic Enclave Programme under the Ghana CARES initiative.
In the Greater Accra Region,...
The total value of secured loans granted by banks and Specialised Deposit-Taking Institutions (SDIs) in the third quarter of 2024 was GH¢5.6 billion.
This is...
The Chief Executive Officer (CEO) of the Petroleum Hub Development Corporation, Charles Owusu, has announced that thousands of job opportunities will be created for...
In a remarkable showcase of African technological leadership, Ghana Link Network Services Ltd. dominated the prestigious World Business Leaders Congress 2024 in Dubai, with...
Ghana and Seychelles have signed a Bilateral Air Service Agreement (BASA) and a Memorandum of Understanding (MoU) to strengthen their bilateral relationship.
The MOU is...
Established in 1963, PMMC was mandated to purchase and market Ghana’s gold and diamond resources. In 1965, the Parliament of Ghana formally endorsed PMMC...
Finance Minister, Dr. Mohammed Amin Adams, has announced that the nation’s economy has fully rebounded from recent challenges.
Speaking at a rally in Saboba in...
The insurance penetration rate in Ghana is expected to hover around 1.0% in 2024, according to Deloitte’s Africa Insurance Outlook 2024.
However, insurance penetration in...
The Ghana cedi continued its revival for the second consecutive week, supported by increased liquidity from the Bank of Ghana.
This follows the Central Bank’s...
