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...
The Vice President, Dr. Mahamudu Bawumia, will, on Wednesday, December 22, launch the e-pharmacy digital platform in Accra.
The digitization of pharmacies, which will have the nation's pharmacies converged on one digital platform, is aimed at addressing the difficulties of roaming around looking for medicines in pharmacies.
It is also expected...
Assures delegates of breaking ‘the eight’
The Ghanaian economy continues a remarkable economic recovery at the back of global economic turmoil caused by the coronavirus pandemic, Vice-President Dr Mahamudu Bawumia has indicated.
Dr. Bawumia said notwithstanding the adverse impact of COVID-19 on economic growth, debts and deficits at the macroeconomic...
…over money laundering activities
The Bank of Ghana (BoG) has withheld large sums of money suspected to have been laundered from abroad by some foreign counterparts remitted to certain individuals and businesses in the country, thereby, further reporting such cases to the Economic and Organised Crime Office (EOCO) to...
The National Secretary of the Ghana Bar Association, Yaw Acheampong Boafo, is advocating for amendments to be made to the use of the District Assembly Common Fund to enable chiefs have a reliable source of funds to pursue development projects.
This call comes at the back of mounting concerns on...
Covid’s fastest surge this year slowing recovery
African Covid-19 cases are surging at the fastest rate this year, with infections rising by 83% over the past week to 196,000, driven by both the Delta and Omicron variants.
While deaths from Covid remain low in Africa, the continent’s lower vaccination rates heighten...
Africa’s emerging green technology giant, Agilitee Africa has introduced another groundbreaking tool for social media users; the first AI phone holder developed on the continent.
This solution, a product called Tarsier by Agilitee, targets vloggers, TikTok, Instagram, Facebook users and other live streaming service providers.
This product has a full AI...
