Cedi continues poor cycle in new year

The poor record of the local currency in the last month of 2016 has persisted into the new year, displaying renewed fragility against the US dollar.Backed by dollar inflows from the US$750 million Eurobond, an US$918 million IMF programme, and the ... — Read More

75 bills passed during 6th Parliament

Parliament passed 75 bills into law and 66 instruments during the sixth Parliament of the fourth republic, the Minority leader, Alban Bagbin has announced.According to him, for this year alone,the House passed 21 bills including Ghana Geological Survey Authority Bill,2015, Bank ... — Read More

Mahama delivers last State of the Nation

President John Mahama will today deliver his final State of the Nation Address (SONA) as he comes to the end of his four-year tenure.The address is in fulfilment of Article 67 of the 1992 Constitution and is expected to highlight some ... — Read More

SSNIT announces 18 percent monthly pension increase

The Social Security and National Insurance Trust (SSNIT) has announced that pensioners, beginning this month, will benefit from an 18 percent increment in their monthly pension.The move, according to SSSNIT, is in accordance with Section 80 of the National Pensions Act, ... — Read More

Mahama cuts sod for construction of 5 new hospitals

President John Mahama has cut sod for the construction of five new ultra-modern district hospitals in Ghana.The sod-cutting ceremony took place yesterday at Weta in the Ketu North District of the Volta Region.The sod-cutting signified the start of work on four other projects.The president ... — Read More

Cedi sees 1 percent drop in a week

The Cedi recorded a week-on-week (WoW) depreciation of 1 percent against the USD. It opened at a price of GH¢4.1105/$ but closed at GH¢4.1521/$ reflecting YTD depreciation of 8.60%. This compares with YTD depreciation of 15.55% for the same period in ... — Read More

November Producer Price Inflation hits 11.9 %

November 2016, Producer Price Inflation (PPI) has moved up to 11.9% from the 9.7% recorded in the month of October 2016.The increase represents an upward adjustment of 2.2%. However, the monthly change rate was 1.2 percent.The Producer Price Index measures the ... — Read More

Cedi stability tied to increase domestic production

The incoming government led by the President – Elect Nana Akufo – Addo is expected to focus on reviving the once vibrant agriculture sector to stimulate domestic production.This according to an economist, Dr Ebo Turckson the move will contribute to stabilising ... — Read More

Markets get busy for Xmas

It was around 7:45pm on Friday December 23, 2016, when I was returning from class at the Central University, Mataheko. Business activities at the Kaneshie Market at the time were unusually ongoing as though it were day time.Traders were busily attending ... — Read More

Akufo-Addo rally round businesses

Tax reliefsAccess to cheap fundsCushioning for anchor industriesPresident-elect, Nana Addo Dankwa Akufo-Addo has announced that his government will leverage the huge prospect of the private sector to reposition the country as the most business and people-friendly economy on the continent.According to ... — Read More

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