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Economy
8 EU MPs back Ghana, Côte D’ivoire proposal on cocoa price
Eight members of the European Parliament (EU) have called on the European Commission (EC) to open negotiations with Côte d’Ivoire and Ghana on a proposal by the two largest cocoa…
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Premix fuel subsidies cost govt GH₵1.2bn in 8 years
Government has spent a whopping GH₵1.2 billion (GH₵1,204,511,952) as subsidy on premix fuel to cushion fishermen across the country.
2014-2021
The amount was spent between 2014…
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Rising cost of living is a global crisis
Rising energy prices, rising food costs and supply bottlenecks have pushed countries into a high cost of living crisis around the world.
Global inflation hits a 25-year high
As…
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GRA rakes in GH¢57.32bn, exceeds target by GH₵265.39m
Despite the negative impact of COVID-19 pandemic on businesses in the country, the Ghana Revenue Authority (GRA) exceeded its target for the year by collecting about GH¢57.32 billion in…
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Food prices record significant increases in 4th quarter of 2021
Most markets monitored across Ghana have recorded significant increases in food prices in the fourth quarter of 2021 compared to the same period in 2020.
28.1% hike in food prices…
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11 major crops production projected to increase by 4.1m tonnes
The Ministry of Food and Agriculture (MoFA) estimates that the production of 11 major food crops will go up by additional 4.1 million (4,113,436) metric tonnes in the 2021/2022 crop…
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BoG approach can’t tame inflation – IEA
THE Institute of Economic Affairs (IEA) says the IT framework being used by the Bank of Ghana (BoG) cannot provide a lasting solution to Ghana’s inflation problem.
According to the…
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