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Economy
DDEP: Dr Bawumia lauds bondholders for aiding economic recovery
Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has expressed heartfelt appreciation to bondholders, the business community, and the Ghanaian public for their…
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Moody’s upgrades Ghana’s rating, signals positive outlook
Global credit ratings agency Moody's has upgraded Ghana’s long-term local and foreign currency issuer ratings to one notch higher to "Caa2" from "Caa3" and "Ca," respectively, signaling…
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Debt repayment resumes in 2 weeks, opens access to capital markets
Ghana is poised to resume servicing its Eurobond debt in about two weeks, following the successful completion of its $13 billion external debt exchange programme.
This development…
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IMF, Ghana agree on third programme review
An International Monetary Fund (IMF) staff team, has reached a staff-level agreement with Ghana, paving way for the Board to approve another $360 million for the country.
This…
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A comparative analysis of economic growth from 2016 to September 2024
Economic growth is a key determinant of a nation’s progress, as it directly influences the government’s ability to generate higher tax revenues, fund critical public services, and…
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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…
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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…
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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…
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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…
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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"…
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