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Economy
Censure: Ofori-Atta acquitted himself creditably against accusations
Minister of Finance Ken Ofori-Atta in a 33-page response has rejected all the accusations levelled against him as the grounds for a censure motion against him.
He started his defence…
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2023 Minimum Wage is GH¢14.88, up 10% against 40.4% inflation
The National Tripartite Committee (NTC) has increased the National Daily Minimum Wage to GH¢14.88 for 2023, which is 10 per cent increment on the 2022 figure of GH¢13.53.
This is in…
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October inflation rises to 40.4% as food inflation hits 43.7%
The year-on-year inflation rate rose to 40.4 per cent in October from 37.2 per cent in September.
It is the highest reading since July of 2001 and well above the top of the central…
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Imports regime to be reviewed to create market for local products
Government has announced a new raft of measures to beef up existing ones to tackle the economic challenges confronting the country
Capping of statutory funds to be reviewed
It…
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BoG revokes licences of Trade House and Airportcity forex bureaus
The Bank of Ghana (BoG) has revoked the licence of two forex bureaus for breaching foreign exchange laws.
The affected forex bureaus are Trade House Forex Bureaus Limited and…
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BoG, MDs of Banks, Forex Bureau operators to stem cedi’s fall
The Bank of Ghana (BoG) is set to meet Managing Directors of banks and Forex Bureau operators on sustainable dollar supply to slow down the free fall of the cedi.
Legitimate…
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Inflation accelerates to 37.2% in September, highest in 21 years
Consumer inflation has risen from 33.9% in August to 37.2% in September reaching 21 year high.
Government Statistician, Prof. Samuel Kobina Annim, said the month of September 2022,…
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AfCFTA: 8 African countries kick-start free trade with 96 products
Eight countries have commenced guided trading under African Continental Free Trade Area (AfCFTA).
The initiative seeks to test the operational, institutional, legal, and trade policy…
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IMF: Constructive negotiations with Ghana to continue in USA
The International Monetary Fund (IMF) has described its second round of negotiation with Ghana for a loan support facility for the country’s homegrown economic programme as…
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IMF Bailout: BoG pushes for speedy conclusion of discussions
Governor of the Bank of Ghana (BoG) and Chairman of the Monetary Policy Committee (MPC), Dr Ernest Addison has underscored the need for a swift conclusion of discussions with the…
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