The Ghana cedi ended last year with a depreciation rate of 3.93 percent to the US dollar, making it one of the best performing currencies in Sub Saharan Africa. The …
Economy
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Ghana is ranked 138 out of 189 countries in the Human Development Index for this year. But that is an improvement over last year’s position of 142. According to the …
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Ghana’s economy contracted again for the second consecutive period (-1.1%) this year, but at a lower rate than in the second quarter. This is however compared with a Gross Domestic …
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EconomyInvestmentsSMEs
Multinational retailers, FDA to increase trade in local products through PLS initiative
Multinational retail shops in Ghana are keen to increase the volume of local products on sale in their various supermarkets to consolidate the gains of the Food and Drug Authority’s …
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Ghana and few Sub-Saharan African (SSA) nations with credit ratings of B with stable outlook that will be seeking to raise funds via the international capital market in 2021 will …
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EconomyFeature / Analysis
Seth Terkper reacts to Dr Addison’s explanation for excluding exceptional costs in fiscal deficit calculation
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 …
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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, …

