The Minister for Finance under the erstwhile John Mahama administration, Seth Terkper, has reacted to an explanation given by Governor of the Central Bank, Dr Ernest Addison, to government’s constant …
Economy
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EconomyFeature / Analysis
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Former Minister of Finance, Seth Terkper has said the consistent inability of the current government to effectively audit tax exemptions is worsening the country’s debt portfolio. Mr Terkper argued that …
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The Food and Drugs Authority (FDA) through its Progressive Licensing Scheme (PLS) initiative launched in July this year, has built the capacity of 56 small-scale and cottage food processing facilities …
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Ghana’s public debt stock hit GH¢273.8 billion, about 71 percent of Gross Domestic Product in September 2020, according to the November 2020 Summary of Financial and Economic Data by the …
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Banking & FinanceEconomyInsuranceInvestments
Gov’t accepts bids for 7-year cedi & 3-year dollar bonds
Government accepted all bids for the 7-year cedi bond and the 3-year dollar bond issuance, according to auctioning results obtained from the Bank of Ghana. For the 7-year cedi bond, …
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…to rake US$1.1bn export revenue in next decade As part of strategies to diversify Ghana’s export market for tuna and other fishery products, the Ghana Export Promotion Authority (GEPA), as …
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Year-on-year inflation slowed down in the month of October to record a rate of 10.1 percent, according to figures released by the Ghana Statistical Service. This is a reduction of …
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EconomyHealth FinanceInvestmentsSMEs
70% of businesses hopeful of recovery from COVID in 6 months – AGI report
The Association of Ghana Industries says over 70 percent of companies are optimistic that business situation would improve in the next six months. In its research report on assessing the …
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Ghana has recorded 198 new COVID-19 infections according to the Ghana Health Service (GHS). This brings the country’s number of active cases to 1,156 as of November 5, 2020. Out …
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Ghana in recent times faces debt distress attributable to an increased in debt levels due to higher deficits, financed by domestic and external borrowing, often due to weak debt management …
