Inflation has again surged for a second consecutive month, to 22.1 percent in October this year; this marks a rise from 21.5 percent in September according to the Ghana Statistical Service (GSS).
The uptick underscores ongoing inflationary pressures affecting essential goods and services, driven by factors such as currency depreciation,...
By Kofi Anokye Owusu-Darko (Dr)
Ghana’s unemployment crisis is a structural one, stemming from an economy that inherently lacks the capacity to create sufficient employment opportunities to absorb the large number of people entering the labour force each year.
An analysis of the labour market, based on the 2017 Ghana Living...
As the holiday season approaches, government has expressed confidence in the cedi’s ability to withstand increased forex demand.
During a media briefing in Washington, D.C., Finance Minister Dr. Mohammed Amin Adam gave this assurance - noting recent efforts to bolster the nation’s foreign currency reserves and secure international financial support...
By Joshua Worlasi AMLANU
Ghana's economic trajectory over the past decade, including its Pre- and Post-COVID growth patterns, has been significantly influenced by several factors, including global market dynamics and interventions from the International Monetary Fund (IMF).
The country's relationship with the IMF played a key role in shaping economic policies,...
The economic growth forecast revision to a 4 percent growth rate for the country at end-2024, up from its previous 3.1 percent estimate, is encouraging and indicates recovery is on course.
The updated projection was presented by Abebe Aemro Selassie, Director-IMF African Department, at a media briefing on Friday, October...
Professor Douglas Boateng, Board Chairman of Minerals Income and Investment Fund (MIIF) has stressed on more action and less talk if the continent wants to see rapid progress.
At the recent Boardroom Summit, which he convened alongside other partners, Professor Boateng, delivered a clear message to C-suite executives. “Africa’s potential...
By Samuel Lartey( Prof.)
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Throughout history, financial philosophers have highlighted the importance of recognizing and capitalizing on nearby opportunities for wealth and growth.
Their teachings emphasize the dual concepts of “Copper Sense” and “Common Sense”, the ability to spot undervalued resources and apply practical strategies to harness them effectively.
In Ghana’s economy,...
Ghana’s rapidly expanding digital economy is set to drive future economic growth, according to business and trade experts who gathered for a roundtable discussion in Accra on October 8.
The event, organized by the International Perspective for Policy and Governance (IPPG), was held under the theme, 'Navigating the Current Business...
By Angela KYEREMATEN-JIMOH
On 30 October 2024, I will address policymakers, business leaders and international investors at the annual FT Africa Summit in London on strategies for advancing artificial intelligence (AI) and technology in Africa.
Consequently, I’ve been exploring the transformative potential of AI in key African markets, and Ghana stands...
By Bernard Yaw ASHIADEY
The government, it seems, has greenlit the sale of Newmont's assets to Chinese investors for a staggering US$1billion. This decision, ostensibly made for an additional US$150 million above what indigenous investors, backed by local funds offered, raises profound questions about the nation's economic strategy and its...