Economy

The World Bank has revised Ghana’s growth rate, cutting it to a staggering 1.4 percent for this year, according to its latest Global Economic Prospects Report. According to the Bretton …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …