A Professor of Applied Economics at the Johns Hopkins University, Professor Steve H. Hanke, has questioned the country’s inflation rate of 31.7% recorded in July 2022.
In ‘Hanke’s Inflation Dashboard’ analysing the inflation rate of 18 countries, Professor Hanke said...
The ECOWAS Community Court of Justice has awarded a cost of $750 against Ghana for wasting its time in a suit filed against the Government of Ghana over the controversial Agyapa deal.
This translates to about GH¢5,611.33 at current exchange...
The Accra-Tema passenger train service will resume full operations next week after it was suspended for nearly two years, the Ghana Railway Company Limited (GRCL) has said.
The Company said it had initially planned to resume operations earlier this week...
The Deputy Minister of Education in charge of Technician and Vocational Education Training (TVET), Gifty Twum-Ampofo has said teachers are to blame for Ghana's current economy.
She stated that Ghanaians must not blame Finance Minister Ken Ofori-Atta if the economy is...
The Bank of Ghana has indicated it will soon close down licensed forex bureaus that are not complying with the foreign exchange law.
Officials of the Central Bank disclosed this to Joy Business after embarking on some field exercises to...
The Finance Minister, Ken Ofori-Atta, has disclosed that government’s planned high-level meeting with Chinese creditors over Ghana’s debt restructuring has been postponed to late March 2023.
According to him, this is due to the upcoming National People’s Congress of China...
After months of comparatively lower uptake of Treasury securities by investors, stifling its ability to cover up its maturing debts, there is a build-up of cash buffers, following the seventh successive week of excess uptake of bids from the...
Efforts put in place by the government and the Bank of Ghana to arrest the free fall of the cedi against major trading currencies, especially the US dollar, is paying off.
This was disclosed by the Minister of Finance, Ken...
The Bank of Ghana has withdrawn foreign exchange support to customers for the importation of certain non-critical or essential goods.
The withdrawal of the FX support for the importation of these non-essential goods took effect in the past three weeks.
The...
Ghana has now surpassed South Africa to become the country with the third-highest peer-to-peer (P2P) bitcoin trading volumes in sub-Saharan Africa.
Data indicates that trades (directly between users, without a third party or intermediary) of the popular cryptocurrency exceeded $11 million...
