Monday, September 26, 2022
A 2-member delegation, led by the new IMF Mission Chief for Ghana, Stéphane Roudet, on Wednesday, 7th September, 2022 paid a courtesy call on the Governor of Bank of Ghana, Dr. Ernest Addison and the Management of the bank. This follows Stéphane Roudet’s appointment as the new IMF Mission Chief...
The US dollar has been on a tear this summer. The Japanese yen and the euro have fallen to their lowest levels against the greenback in two decades; the euro, long worth more than one dollar, is now hovering close to parity. The US Federal Reserve’s broad trade-weighted dollar...
…under the 2nd GrEEn Innovation Challenge A total of 15 green businesses that have graduated, or are currently enrolled in the 6-month GrEEn Incubation and GrEEn Acceleration Programmes of SNV Ghana, will be awarded up to €25,000. The businesses are required to provide business advisory support for start-ups to help...
In the wake of COVID-19, governments across the globe are becoming more indebted than at any point in modern history. However, the pandemic is not solely to blame for the elevated debt levels as debt was already rising steadily going into the crisis. According to the World Bank, the...
As part of measures to curb the challenges faced by exporters, the Ghana Shippers’ Authority (GSA) and the Bank of Ghana (BoG) have embarked on a nation-wide tour to sensitise exporters to appreciate the new regime of the Bank of Ghana (LoC). The move is to ensure sanity in the...
Government is keen on putting in place key pillars which will lead to the realisation of its vision of a new and transformed economy despite fallouts from the current global economic crisis, Vice President Dr. Mahamudu Bawumia has said. According to the Vice President, while emerging challenges continue to impact...
My fascination with the role of a Governor in the economic management of a country dates back to my days as a sub-officer in the then Social Security Bank Ltd. in the early 1980s. My colleagues then nicknamed me ‘Governor’ - an empty ‘title’ that I cherished so much...
Not only does the ongoing rapid cedi depreciation constitute Ghana’s biggest economic challenge, but the trend could also become a threat to national stability if not checked. The exchange rate is the price of foreign currency in terms of domestic currency. It can be rigidly fixed or freely determined by...
In the past 20 years, SEED has been supporting eco-inclusive enterprises: MSMEs that provide practical solutions to social and environmental problems. These enterprises create lasting collective impacts across their value chains, eliminating poverty as they serve communities at the base of the pyramid, while tackling environmental issues. Yet, when SEED...
Kenyan Shilling crosses record 120 amid election uncertainty as Angola waits  The Shilling fell below 120 to the dollar for the first time as Kenyan presidential candidate Raila Odinga officially challenged William Ruto’s election victory, filing a complaint with the country’s Supreme Court, which has 14 days to make a...
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