Director of the Institute of Statistical Social and Economic Research (ISSER) at the University of Ghana, Professor Peter Quartey, has urged government to develop resilient systems and policies to absorb some of the economic shocks that are posing difficulties in the country.
He said though the economy will continue to...
This year may prove devastating for the developing world, as more and more countries find themselves engulfed in debt crises. Several (Lebanon, Sri Lanka, Russia, Suriname and Zambia) are already in default, and scores of others urgently need debt relief to ward off economic collapse and sharp rises in...
The Akufo-Addo government is expected to spend some GH¢62billion come 2018 financial year as contained in the national budget.
This is according to the Minister of Finance Ken Ofori-Atta who appeared before parliament to present the government’s revenue and expenditure estimates for 2018.
Per budget, the GH¢62billion represents 25.7% of the...
B&FT yesterday held its fifth in the series of ‘Ghana’s Most Respected CEOs Breakfast Series’ with the theme ‘Bringing the Economy Back to Life: The Role of Banking and Finance’, where the Country Director for Deloitte Ghana, David Kwadwo Owusu, who was a panel speaker noted that with the...
analyst says retail investors are holding onto well-performing stocks
calls for more information to drive market activity
Following a flurry of trading activities which characterised the Ghana Stock Exchange (GSE) over the past half-year, including a number of all-time high (ATH) gains, a dip in April has seen trading...
Gold Fields Ghana Limited (Tarkwa Mine) has installed a Collision Avoidance System (CAS) in its mining fleet to improve safety and prevent equipment damage.
The CAS installation is expected to increase the visibility of workers who work on heavy mining equipment, as well as avoid collisions between equipment and the...
Demand for treasury bills (T-bills) surged last February with total bids for the month reaching GH¢13.51billion, thus +46 percent month on month (m/m) – the largest size in three years.
Following the exemption of treasury bills (T-bills) from the Domestic Debt Exchange Programme (DDEP) in Q4-2022, investors flocked to T-bills,...
Points to elevated debt burden
Weak debt affordability
Revenue underperformance and
Elevated exposure to international capital flow reversal
Global credit rating firm, Moody’s Investor Services, has rated the country’s sovereign bond issuance at B3 negative again against hope of a stable outlook, sending a worrying signal to...
In many African countries including Ghana and around the globe, plastics play a very important role in the economic lives of people due to its durability, potability and affordability. Plastics play a significant role in transporting Ghana’s indigenous goods. Indigenous food products like ‘‘waakye’’ and ‘‘kenkey’’ are no exceptions....