A series of positive developments - including a significant IMF disbursement, a deal struck with external commercial creditors and tapered corporate demand - have collectively helped to ease pressure on the cedi (GH¢).
Last week the GH¢ held steady against the US dollar (US$), buoyed by improved market sentiments as...
The Ministry of Finance has announced the successful alignment of an agreement in principle with Eurobond holders, confirmed by its Official Creditor Committee (OCC).
This agreement, consistent with the comparability of treatment principle, marks a crucial milestone in the country's debt restructuring efforts, the ministry said in a communique.
The ministry...
By Amos Safo
Last week, I started a two-part series of articles to shed light on the debt situation in Africa and its implications for future generations.
The articles follow the ongoing demonstration of Kenyan youth, popularly called Generation Z (Gen Z) over a finance bill that would raise the cost...
Leading economists and policymakers gathered at the University of Ghana for the inaugural Quarterly Economic Roundtable, calling for urgent fiscal and monetary reforms to address Ghana's persistent macroeconomic challenges.
The event, jointly organized by the Ministry of Finance and the Institute for Statistical, Social and Economic Research (ISSER), aimed to...
By Korsi DZOKOTO
Ghana’s economy is in a precarious state, largely due to the mismanagement of financial and economic policies over the past years. As the current president’s tenure comes to an end in December 2024, following the general elections, the incoming government will face a significant challenge: managing the...
indirectly promoting smuggling
Endangering public and denying economy much-needed revenue
By S Kwame APPIAH
The prevailing import duties, designed to protect domestic industries and generate government revenue, are increasingly under scrutiny. Mounting evidence suggests these duties are having unintended, detrimental effects on businesses, consumers, and the broader economy.
Many analysts believe...
The Gentlemen’s Salon at Kempinski Hotel Gold Coast City Accra is a tribute to the art of grooming. The #KempinskiAbranti3 campaign honours the modern gentleman who appreciates quality, elegance, and excellent service. As Ghana’s only 5-star hotel, Kempinski Hotel Gold Coast City offers an unmatched luxury grooming experience.
Located on...
I wouldn’t call this an opinion piece since it excludes my personal opinions. Also, the story is still unfolding. I am just writing about the events so far and presenting facts to help my audience create their unique perspective. Suppose this Legislative Instrument on cement pricing in Ghana comes...
The Managing Director of the Agricultural Development Bank (ADB) PLC, Alhaji Alhassan Yakubu-Tali, has expressed confidence that the ongoing economic rebound will spur and sustain growth within the financial sector.
This optimism follows the International Monetary Fund's (IMF) approval of the second review under its US$3 billion Extended Credit Facility...
By Solberg Horve MISHIWO
With technology changing everything, Ghana's tax system is being overhauled. Given Ghana's unstable fiscal environment, this progression towards digital tax compliance is not just a trend; it is an urgent need. A digital reform of tax compliance processes by the Ghana Revenue Authority (GRA) could benefit...