Let’s get it straight: by committing to this path of fiscal retrenchment in our living memory the government has further gone for broke. The Budget for 2022, announced few weeks ago, offered the Finance Minister an opportunity to set out the government’s thinking on how it plans to solve...
The Social Security and National Insurance Trust (SSNIT), in consultation with the National Pensions Regulatory Authority (NPRA), has indexed monthly pensions upward by 10 percent for the year 2022. This increment is in line with Section 80 of the National Pensions Act 2008 (Act 766).
Per the Trust, all pensioners...
The Deputy Minister for Food and Agriculture in charge of Annual Crops, Yaw Frimpong Addo, has charged the newly inaugurated National Rice Coordinating Committee (NRCC) to make the country self-sufficient in rice production.
While assuring of government support, he tasked the committee with finding innovative solutions to reduce the amount...
What comes to your mind when you think about the financial performance of a business? Is it the profit/loss given at the last line of an income statement? Although that's one of the strong measures to analyze the financial performance of the business, it does not offer a comprehensive...
Africa is seen to be just at the beginning of the digital ecosystem, but among the few leading the continent’s digital innovation drive is the young South African entrepreneur, Dr. Mandla Lamba.
“Driven by the purpose of God,” said Dr. Lamba, he envisions seeing African people economically free through pursuing...
Director of the Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana, Professor Peter Quartey, has expressed worry over the recent scuffle in Parliament regarding introduction of the Electronic Levy (E-levy); saying it sends a bad signal about the investment climate in the country.
In an...
Provisional data released by the Ghana Statistical Service (GSS) shows that the country’s real Gross Domestic Product (GDP) increased by 6.6% in quarter three (July to September) of 2021 compared to the same period in 2020.
According to the GSS, when seasonally adjusted, Ghana’s real GDP increased by 1.6% in...
The local currency has recorded its highest depreciation in the year against the US dollar, as demand for the greenback by importers increases ahead of the festive season.
Daily interbank FX rates data published by the Bank of Ghana show the cedi is currently trading at GH¢5.7602 (mid-rate) to US$1,...
Trades by domestic institutional and individual investors have soared, accounting for 32 percent of trades, measured by value, on the Ghana Stock Exchange (GSE) for the period January to November, data from the Accra bourse have shown.
The figure represents a 106.45 percent jump from the 15.45 percent contribution by...
