This year’s edition of the ‘World Meets in Ghana’ Forum, which was successfully organized in Ghana in 2019, has been postponed to August 2022 – the organizers have announced. E ON 3 Group, initiators of the event have attributed the postponement to the COVID pandemic, with Kempinski Hotel Gold Coast...
The Deputy Minister-designate for Information, Fatimatu Abubakar, has stated that she will champion an initiative to empower the youth who are into entrepreneurship to expand their reach and enter into new markets. According to the ministerial nominee, when given the nod her interest will be to assist businesses and entrepreneurs...
A labour expert, Kofi Asare Asianowa, has expressed scepticism at government's COVID-19 economic recovery programme - saying public servants may not enthusiastically provide the needed support required to accelerate the programme due to the quantum of their pay rise recently announced. According to him, the 4 percent pay rise in...
Kenya’s ambition to build Nairobi into a regional financial hub and compete with Dubai as a channel for regional trade received a boost this week after the country signed a co-operation agreement with the UK that could unlock at least $2 billion of deals over the next five years. The...
Former finance minister, Seth Terkper, has called on government to, as a matter of urgency, take the US$1 billion Special Drawing Rights (SDR) allocation by the International Monetary Fund (IMF) to parliament for approval on how to spend it to ensure proper accountability. His comments come on the back of...
Although the equities market this year has been on a stellar run cumulatively, pension funds share has declined from the position earlier recorded in the first half of the year of 2021, latest data from the Ghana Stock Exchange (GSE) has shown. The August 2021 report issued by the GSE...
For a fourth consecutive month, consumer inflation in the month of September 2021 rose to 10.6 percent - exceeding the central bank’s medium-term target of 8-10 percent. The increase, although anticipated by the market, is the highest in the last 14-months of COVID-19 since August 2020, when the indicator stood...
Despite being one of the largest and reliable sources of revenue to the government of Ghana, tax revenue collection in Ghana is constrained by many factors. The tax to GDP ratio of Ghana remains far below what the government targets to achieve by 2023. The Government of Ghana’s target...
Ends 2021 at 12.6%, highest in 29 months The general price of goods and services, measured by the consumer price index, has hit its highest since rebasing of the basket was done in August 2019 - becoming another albatross around the neck of the economy’s managers. Data published by the...
Ecowas sanctions underscore risk after coup uptick West Africa’s economic bloc Ecowas has imposed sanctions on Mali after its military ruler Assimi Goita—who seized power last May in the country’s second coup in nine months—said he would hold elections in 2025 instead of this year as previously promised. The 15-member bloc...