Ghana's economic growth decelerated to two percent year-on-year in the third quarter from 2.7 percent a year earlier, broadly in line with expectations as fiscal tightening and high interest rates to tame inflation took a toll.
However, analysts still believe the economy remains on track to achieve the government's recently...
Provisional economic growth averaged two percent in the third quarter of 2023, down from 2.7 percent in the same period last year, according to latest figures published by the Ghana Statistical Services (GSS).
The slower growth was attributed primarily to ongoing fiscal consolidation efforts and a tightened monetary policy stance...
The technology employed by the embattled revenue assurance and audit firm Strategic Mobilization Limited (SML) has been the primary factor responsible for an additional GH¢3billion in revenue to the state over the past two years, the Ghana Revenue Authority (GRA) has confirmed.
In an official statement, the GRA acknowledged the...
Bronya oooo! Bronyaaa oooo! For many people, the Christmas season presents a welcome break; after all, it’s a harvest of joy considering a turbulent 2023 in many respects. During this period, we think about how to make it memorable, sometimes with little or no consideration of the aftermath. The...
The Head of Retail Banking at FBN Bank, Allen Quaye, has indicated that banks are taking the necessary steps to manage risks while continuing to lend and support economic growth.
In an interview following the 10th Quarterly Banking Roundtable held by the UPSA Law School, Mr. Quaye explained that the...
The highly-anticipated Africa Investment Leaders Forum & Awards is set to take place in June 2024, celebrating excellence, commitment and innovation in the world of investment across Africa. Industry leaders, policy-makers, investors and heads of state will converge at the prestigious Rainbow Towers Hotel in Harare, Zimbabwe for a...
Stanbic Bank Ghana, a member of the Standard Bank Group – Africa’s largest bank by assets, on Friday, December 8 unveiled a new brand cloth at their end-of-year staff durbar, held at the Labadi Beach Hotel under the theme ‘This Is us. Our Life, our Story, our Home’.
The new...
Strategic Mobilisation Ghana Limited (SML) – the company at the centre of a recent investigative documentary by The Fourth Estate – has come out guns blazing, accusing the media team of painting a distorted picture of its work and contractual obligations.
The company faulted the documentary as riddled with misrepresentations,...
The President of the Association of Rural Banks, Ghana, Kwame Owusu Sekyere, has called on the government to release GH¢460billion in locked up funds belonging to some rural and community banks.
According to him, rural and community banks still have locked up funds with some defunct Security and Exchange Commission-regulated...
Our earlier news story titled ‘Cassava – Ghana’s next gold mine’ has generated thoughtful conversations, with sound feedbacks, responses and submissions from industry players which includes cassava farmers, processors, academia, development agencies, investors, researchers, beginner agribusinesses, individuals who desire to explore opportunities within value added cassava, and many others.
With...