“A people will grow when their elders start planting trees whose shade they will never enjoy”, some old saying goes something like that.
The word “Sustainability” could refer to the ability of an organization, a business, a person, a people, to continue over a longer period. It's highly relevant in...
Uncertainties surrounding the country’s ongoing access to forex are causing speculations on the FX market - which has effectively driven the spread between cedi depreciation on the interbank and the retail markets.
This is happening despite the central bank’s intervention on the FX market, through its bi-monthly FX forward auction as...
…as market returns -0.81% for the period
Despite an uptick in activity, the Ghana Stock Exchange (GSE) saw volume and value of shares traded dip 64.98 percent and 45.09 percent respectively on a year-on-year (YoY) basis in January, according to data from the Accra bourse.
This comes as aggressive profit-taking anchored...
Minister for Health, Kwaku Agyemang-Manu, has confirmed that the World Bank has given the country up to US$430million in the fight against COVID-19.
Addressing the media during a visit by Vice President for the Western and Central Africa Region, Ousmane Diagana, to the Korle Bu Teaching Hospital in Accra to...
The Cedi slumped against the dollar this week, sliding to 6.375 from 6.296 at last week’s close, after Moody’s cut Ghana’s credit rating deeper into junk territory, reducing it one level to Caa1 from B3.
The rating agency said the government faces an increasingly difficult task to address its liquidity...
African economies are beginning to recover from the impact of COVID-19. Despite making some gains in 2021, it could be difficult for nations to grow their economies in 2022, it seems.
African economies were badly hit by the emergence of COVID-19 in 2020 and the subsequent slowing of the global...
In the coming weeks, the World Bank will enter into a new partnership framework agreement with Ghana - with the focus on carving conditions for a strong private sector-led growth, the Bank’s Vice President for Africa Western and Central Region, Ousmane Diagana, has revealed.
A Country Partnership Framework (CPF) is...
The Finance Minister, Ken Ofori-Atta, has encouraged Ghanaians to embrace the E-levy for development to thrive in the country.
He said the government is committed to making judicious use of the revenue that will be accrued from the E-levy.
He explained that the revenue will be used to embark on massive...
A Deputy Minister for Finance, Dr. John Kumah, has warned that the Finance Ministry will not support state agencies that fail to meet the reporting requirements specified in the Public Financial Management (PFM) Act, its regulations and the State Interests and Governance Authority (SIGA) Act.
“In consultation with the Minister...