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South Dayi Member of Parliament Rockson Nelson Dafeamekpor has said the plan by the government to sell the Saglemi Housing Project to a private person is the most economically depressing piece of policy he has seen from this government. He questioned whether...
The Driver and Vehicle Licensing Authority (DVLA) has announced that all commercial passenger vehicles will from next year have to comply with the mandatory seat belts policy. The Deputy Chief Executive Officer at DVLA Prince Opoku Adusei, speaking in Koforidua...
A Johns Hopkins Professor, Steve Hanke has said per his calculations, Ghana’s inflation rate is around 156 per cent despite the official rate of 40.4 per cent as announced by the Ghana Statistical Service. The Government Statistician Professor Samuel Anim on...
The Chamber of Petroleum Consumers (COPEC) has announced that fuel prices are likely to be reduced by Monday, November 14, 2022. There has been a recent hike in fuel prices, including diesel and petrol. Diesel is currently selling for more...
The national year-on-year inflation rate was 40.4% in October 2022 which is 3.2 percentage points higher than the recorded 37.2% in September 2022, the Ghana Statistical Service (GSS) has said. This means that in the month of October 2022 the general price...
Amid the central bank’s continued aggressive policy stance, a free-falling cedi and an eclectic collection of external factors, the research arm of Databank has projected an end-of-year overall Real Gross Domestic Product (GDP) growth rate of between 3.5% and...
Tech company Twitter has fired nearly all its staff in Ghana, more than a week after billionaire Elon Musk took over the company. A source told the BBC that only one person was left in the almost 20-member team. “The company...
Crypto giant FTX's CEO lost $16 billion of his personal fortune as his company faces a liquidity crunch and is bailed out by its rival.  Sam Bankman-Fried, 30, who touted last year that his crypto company would be big enough...
A Financial Analyst, Mr Kwasi Yirenkyi has said that no bank, whether foreign or locally owned, can survive in any economy if just one third of its customers withdraw all their deposits at the same time. He said it does...
President Akufo-Addo has assured the global community of the country’s full commitment to increasing its share of renewable energy, saying it is a priority of his government. “We will continue to increase the share of renewable energy in our electricity...
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