Browsing Category
Economy
Ghana’s Economy: A Resilient Rise To Prosperity
By Razak Adamah Vemmie
Hurriedly putting his government together a few weeks after being sworn in as the President of Ghana, His Excellency President Nana Akufo Addo hit the ground…
Read More...
Read More...
Telcos spend GH₵118m to repair 5,133 fibre cuts in 6 months
The Ghana Chamber of Telecommunications has raised alarm over the rising number of fibre cuts damaging the country’s telecommunications infrastructure, resulting in significant…
Read More...
Read More...
Ghana’s economy expands 6.9% in second quarter 2024
Ghana's economy expanded by 6.9% in the second quarter of 2024, a significant increase from the 2.5% growth recorded in the same period last year, according to a report by the Ghana…
Read More...
Read More...
New Local Economic Development Policy to create jobs and empower communities
The Minister for Local Government, Decentralisation, and Rural Development, Martin Adjei-Mensah Korsah, has unveiled Ghana’s new Local Economic Development (LED) Policy and…
Read More...
Read More...
GH₵895m saved from nationwide payroll monitoring
The Government of Ghana successfully saved GH₵895 million in 2023 through a comprehensive nationwide payroll monitoring exercise and the deactivation of about 19,000 "ghost pensioners"…
Read More...
Read More...
Cedi depreciation adds GH₵101bn to public debt in 6 months
The sharp depreciation of the Cedi has significantly impacted Ghana's public debt, adding a staggering GH₵101 billion by the end of June 2024.
This depreciation has driven the external…
Read More...
Read More...
Trade or industrialization-which one should Ghana prioritise?
Ghana has to choose between positioning itself as a trade hub or as an industrial powerhouse.
Each path offers distinct opportunities, challenges, and requires specific strategies and…
Read More...
Read More...
Inflation rate slows for 4th consecutive month to 20.9% in July
The year-on-year inflation rate slowed for the fourth consecutive month, reaching 20.9% in July 2024, down from 22.8% in the previous month.
This indicates that in July 2024, the…
Read More...
Read More...
Deloitte predicts job and wage increases as industry expands by 6.8%
Deloitte, a global professional services firm, forecasts a boost in jobs, wages, and community infrastructure following a significant 6.8% expansion in Ghana’s industry sector during…
Read More...
Read More...
ISSER highlights economic growth amid persistent hardships
The Institute of Statistical, Social, and Economic Research (ISSER) has assessed Ghana's 2024 Mid-Year Budget, noting a promising economic outlook while acknowledging significant…
Read More...
Read More...