A Kumasi circuit court has convicted two insurance fraudsters for selling fake insurance stickers to unsuspecting members of the general public.
The conviction was occasioned by series of investigations conducted by the Police after they were picked up some time early this year by a joint task force of the...
The 2022 Budget Statement and Economic Policy of Government which was scheduled for 15th November has been shifted to 17th November, 2021.
The 2022 Budget Statement and Economic Policy of Government which was scheduled for 15th November has been shifted to 17th November, 2021.
The change of date has become necessary because Parliament...
BoG assures of further appreciation
The country’s ailing currency, for the first time in memorable weeks, has seen no weekly loss in value against the US dollar - with assurance from the Bank of Ghana that the recent appreciation will see a further improvement, given measures it has rolled...
Africa is not poor, yet Africa has piqued the interests of economists for the last half century and there is a good number of academic literature on why Africa is poor. This is because for the resources available to Africa, both natural and human capital potential, the continent has...
The annual producer price inflation reached a new record high of 65.2 percent year-on-year in October of 2022 from 45.6 percent in the previous month, partly due to a faster depreciation of the cedi.
The pace of inflation picked up as the GH cedi suffered losses against the US dollar...
Aluworks, the manufacturer of aluminium products in Ghana, is currently under pressure to seek huge investments in working capital to grow the company to the level of productivity, effectiveness and efficiency.
The company is seeking US$40million from investors to boost its current production capacity of under 4,000 metric tonnes per...
Even though the Ghana Revenue Authority (GRA) originally set notice that if by the end of March this year, businesses failed to obtain a Tax Identification Number (TIN), they would not be able to conduct business.
However, owing to the fact that several businesses in the informal economy are not...
Early indications have signalled an easing in the rate at which prices of goods and services are rising, Director of Research at the Bank of Ghana, Dr. Philip Abradu-Otoo, has suggested.
Inflation accelerated to 27.6 percent in May - an 18-year high, compared to 7.5 percent at the end of...
Consistent rises in power transmission losses have cost the economy more than US$150million in 10 years, an analysis of official energy industry data by the Institute for Energy Security (IES) has shown. What this means is that electric power consumers within households, industries and the commercial brackets paid US$150million...
…sets to begin cashew auctions this July
The Ghana Commodity Exchange (GCX) has created a wider market reach for 320,000 smallholder farmers across the country, with access to quality commodities for both local and international consumers and fair pricing mechanism for farmers, Tucci Goka Ivowi, Chief Executive Officer of...