Databank Research projects single-digit end year target
Declines of food prices in January 2021, typical after every festive season, have led to a drop in inflation to the single-digit column - recording 9.9 percent, data from the Ghana Statistical Service have shown.
The data indicate food inflation for January dropped...
The Ghana Revenue Authority (GRA) is working with the Chief Justice, Kwasi Anin-Yeboah, through the Judicial Service, to set up a dedicated court to deal with tax offenses expeditiously as a way to engender tax compliance to help the nation retrieve tax revenues that go into wrong pockets.
“This year,...
General prices of goods and services for October 2020 have recorded their lowest rate since April, when panic-buying in preparation for the lockdown propelled traders to hike the prices of products - resulting in a significant jump in inflation.
Data released by the Ghana Statistical Service (GSS) on Wednesday have...
The dramatic slowdown in industrial production, energy demand and transport activity in the first quarter of 2020 has led to significantly lower levels of air pollution, sparking debate on whether the coronavirus outbreak will lead to long-term shifts in consumer and industrial behaviours that could reorient economic policy towards sustainable...
The Receiver of collapsed Micro-Finance Institutions (MFIs), Savings & Loans companies (S&Ls) and Micro-Credit companies (MCCs), Eric Nana Nipah, has confirmed that he is on course to begin payment of all employee related claims - salaries and exit packages due ex-staff - of the defunct institutions.
He had in an...
Prudential Bank and UBA have offered the Cocoa Processing Company Limited (CPC) US$5million and US$10million guarantees respectively, to enable the leading cocoa processor to purchase cocoa beans for the production of chocolate and other cocoa products for export and local consumption.
Nana Agyenim Boateng, Managing Director of the company, disclosed...
...Salutation to Wright Brothers and Fellow "Aero Dare devils"
Today marks another milestone in the historical exploration of global aviation, which is worth acknowledging as it marks its 117th birthday.
The success of the historical evolution in the aviation industry could be attributed to the "Aero Dare devils" who through uncalculated...
If there is any best time to transform the economy into a robust and resilient one it is now, experts at the 11th Ghana Economic Forum have said.
The experts - including Managing Director of GCB Bank, Kofi Adomakoh, and Andy Akoto, KPMG Partner - believe that current economic challenges...
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...
Finnfund, a Finnish development finance company and impact investor, has provided a US$10 million senior loan to First National Bank Ghana Ltd. One of the key objectives of Finnfund’s investment is to support the Ghanaian financial sector and the growth of small and medium-sized enterprises (SMEs), and in particular,...