Economy

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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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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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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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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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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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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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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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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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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The International Monetary Fund (IMF) has started analysing Ghana’s ability to finance its policies as well as its capacity to pay principal and interest on loans on time. This is…
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