Consumer inflation ended 2024 at 23.8 percent, surpassing the Bank of Ghana’s (BoG) revised target of 18 percent. Last December’s inflation data from the Ghana Statistical Services (GSS) is a
Ghana has officially requested modifications to the conditionality of its IMF-supported Extended Credit Facility (ECF) programme, as outlined in the recent third review staff report for the Post-COVID-19 Programme for
The cedi is expected to maintain its recent stability, buoyed by the anticipated influx of foreign exchange (FX) from expected tourists, coupled with the recent disbursements by the International Monetary
Ghana’s Electricity Company of Ghana (ECG) has recently highlighted that a significant portion of its financial distress arises from forex shortfalls, particularly debts owed in US dollars rather than the
The shift toward an increasingly cashlite economy continues to gain momentum as the domestic non-cash payment ecosystem demonstrates sustained growth, driven by the widespread adoption of mobile money leading the
The recent inauguration of Bank Square, the new headquarters of the Bank of Ghana (BoG), constructed by Goldkey Properties Limited, a wholly Ghanaian real estate and construction company, has highlighted the capabilities
Ghana has reported a significant drop in revenue from Surface Rentals, also known as acreage fees, in the first half of 2024 despite recording a 55.6 percent increase in total
The secondary bond market witnessed a significant boost last week as offshore investors returned in increasing numbers, lifting turnover by 13.14 percent to GH¢1.12billion compared with GH¢991million the previous week.
The Bank of Ghana (BoG) Governor, Dr. Ernest Addison, believes the foundation for a resilient banking industry in the country has been firmly established, thus priming it for the future.According
PET stands for Political, Economic, and Technological factors, the three key external forces that shape a business environment. In today’s rapidly evolving global landscape, understanding the interplay of political, economic,
