Key findings
Record rise in charges amid strong cost inflation
Price pressures hit demand and activity
Employment down for fifth month running
Business conditions in Ghana's private sector continued to deteriorate markedly in November, as currency weakness and steep inflationary pressures hit demand. In fact, the
latest increase in output prices...
Data from the State Insurance Company (SIC) have revealed a 25.7 percent decline in transit trade from the first quarter to third quarter of 2022.
This was made known by the Head of Inter-State Road Transit (ISRT) at SIC, Mr. Anthony Osei Ntiamoah, during the 4th quarter Transit Shipper Committee...
Quite a few people have expressed surprise about my grandma’s child (abrewa nana) demeanor and find it hard to juxtapose the sometimes, tough stance I exude on certain subjects. Some describe me as a gentle Vandal which strangely makes me wonder whether I should consider that as a compliment...
The Chamber of Corporate Trustees has rejected the government’s debt exchange programme, arguing “it is injurious to the interest of contributors to pension schemes.”
In a press release sighted by the Business and Financial Times, Thomas Kwesi Esso, CA, Executive Secretary of the Trustees, assured contributors to pension schemes that...
The President of the Chartered Institute of Human Resource Management Ghana (CIHRM), Dr. Edward Kwapong, has charged Human Resource (HR) Practitioners to use Prudent HR Practices in this harsh economic condition of Ghana and other parts of the world.
According to the CIHRM President, there is no gainsaying that the...
Finance Minister Ken Ofori-Atta has argued that the recently-initiated domestic debt exchange programme (DEP) will be a necessary tool to recalibrate the prevailing interest rate regime and return the country’s debt situation to more sustainable levels.
He, therefore, called on holders of domestic debt to voluntarily exchange approximately GH¢137billion of...
Rapid exchange rate depreciation, high inflation and suspension of the residual fuel oil (RFO) have pushed up prices of locally made textiles, with the industry’s growth taking a big hit this year.
The cedi has lost about 53.8 percent of its value since beginning of the year, according to the...
The Bank of Ghana (BoG) has reiterated its cautionary stance to institutions it licences as well as the wider public on the use and trade of cryptocurrencies within its jurisdiction, citing glaring existing risks which it believes could jeopardise the nation’s financial sector if left unchecked.
This comes as the...
Bilateral trade between Italy and Ghana has surged from over €521million in 2021 to a current €600million, Italian Ambassador to Ghana Daniela d'Orlandi has said.
“Our bilateral trade has increased tremendously notwithstanding the COVID-19 pandemic. In 2021 it was over €521million and has been growing, reaching €600million in August this...