The convergence of internal disparities and external disruptions culminated in significant macroeconomic challenges for Ghana. The aftermath of the COVID-19 era is characterized by several noteworthy developments, including currency devaluation, a notable increase in inflation, and a loss of confidence among investors.
The existing vulnerabilities in the fiscal landscape, encompassing...
Short-term yields on the Treasury remain high due to government's over-reliance on T-bills. This is further compounded by elevated inflation and the resultant monetary policy to combat rising prices.
Recent data from auctions held on September 8, 2023 reveal that the 364-day T-bill had reached a disconcerting 32 percent...
A silent but profound form of dominance is underway, spearheaded not by nations but by tech behemoths that dominate the digital realm. It pertains to these powerful entities' control and use of data, algorithms, and digital spaces to extend their economic and political dominion.
It is crucial to note that...
CREDIT INSURANCE
In the intricate ballet of the business world, sustaining a harmonious flow between trade receivables and ensuring that the cash flow remains uncompromised is pivotal. In this delicate dance, credit insurance takes centre stage, acting as a formidable shield against the potential pitfalls of non-payment and unforeseen financial...
The cedi weakened for the third consecutive week against the US dollar, weighed down by increasing corporate demand for foreign exchange to repatriate profits and import inputs.
Analysts at the research arms of GCB Capital and Databank maintained that the cedi was under pressure due to the surge in corporate...
As the clock ticks toward the release of August 2023 inflation figures today, there is growing anticipation that headline inflation will extend its upward trajectory for the fourth consecutive month - marking a worrisome trend since May of this year.
After recording disinflation in the first four months, Ghanaians have...
…say it must encompass vast carbon-absorbing greenery
Business and political leaders from across the continent have amplified the need to reevaluate Africa's gross domestic product (GDP) through a comprehensive assessment of its natural capital and ecosystem services, including its vast forests which play a crucial role in absorbing carbon emissions...
The total value of secured loans granted and registered by banks and special deposit-taking institutions (SDIs) grew by 15.5 percent year-on-year - reaching GH¢5.9billion at end of second-quarter 2023 (2Q23), fresh data from the Bank of Ghana (BoG) have shown.
The latest figure represents a 12.7 percent improvement over the GH¢5.26billion...
Last week, the Treasury market witnessed an upsurge in demand for Treasury bills, driven by improved liquidity conditions stemming from the recent GH¢2.4billion first coupon payment of new bonds from the domestic debt exchange programme (DDEP).
The heightened investor appetite for government debt instruments resulted in an oversubscription of 15 percent of...
The cedi is expected to experience modest stability against its biggest trading partners, with a cocktail of factors such as the recent coupon payment for new bonds, reduced import demands and foreign exchange (FX) to oil players to offset pressures of increased demand from corporate entities.
Since beginning of the...