President-elect John Dramani Mahama has identified stabilising the Ghanaian currency as his foremost priority once the transfer of power is completed.
Acknowledging the adverse impact...
The former Finance Minister, Seth Terkper, says there are positive signs that Ghana’s economy is progressing.
During the inauguration of the transition team in Accra...
The International Monetary Fund (IMF) has revealed that proposals to re-negotiate Ghana’s programme must be guided by the fiscal objectives of the Extended Credit...
Ghana’s classification as high debt distress country is likely to be reviewed after 2028.
This was captured in the International Monetary Fund (IMF) Staff Report...
President-elect John Dramani Mahama has pledged to review and adjust Ghana’s existing agreements with development partners to align with the country’s current needs and...
The Ghana Revenue Authority (GRA) has categorically denied recent reports alleging its involvement in the auctioning of vehicles.
In a statement issued on December 11,...
Global rating agency, S&P, has projected that Ghana’s public debt to Gross Domestic Product (including COCOBOD obligations) will remain above 60% of GDP in...
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...
Consolidated Bank Ghana (CBG) has resumed its foreign exchange trading operations following the restoration of its licence by the Bank of Ghana (BoG).
The Central...
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%.
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 government has assured Ghanaians impacted by investment losses linked to the debt restructuring program, stemming from the COVID-19-induced economic downturn, that their losses...
Activities in the secondary bond market slowed last week, decreasing by 48.87% to GH¢574 million, down from 1.12 billion.
Market turnover was distributed across the...
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 International Monetary Fund (IMF) Board has passed Ghana on the third programme review and approved disbursement of some US$360 million to Ghana.
This was...
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,...
