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Data from the 2022 Annual Household Income and Expenditure Survey has revealed that 49.1 percent of the Ghanaian population was food insecure in the first quarter of the year. This represents 15.1 million of the 30.8 million persons in Ghana. The...
The Ghana Airports Company Limited (GACL) has interdicted a security guard at the Kumasi Airport for conducting a pre-boarding search on the National Security Minister, Albert Kan-Dapaah. The action by the security officer named Awudu Basit according to airport authorities...
Finance Minister Ken Ofori-Atta has told Parliament during the delivery of the mid-year budget statement on Thursday, July 29 that he did not come to ask for more money from the House. He also said he did not come for...
David Guetta is selling his $14 million Miami beachfront apartment and will accept payments in Bitcoin and Ether. Renowned French DJ David Guetta has put his luxury apartment on Miami Beach up for sale and will accept payments in Bitcoin...
The management of the National Service Scheme (NSS) has successfully obtained government approval for an upward adjustment of the monthly allowances provided to National Service Personnel. The adjustment raises the allowance from GH¢559.04 to GH¢715.57, and this change is set...
Inflation for the month of June 2023 in Ghana increased marginally to 42.5 percent compared to the 42.2 percent recorded in May 2023. According to the government Statistician, Professor Samuel Kobina Annim, the main drivers of this inflationary trend are...
Massmart is disposing of all its general merchandise Game stores in West and East Africa to stem losses in that struggling business, chief executive Mitch Slape said on Friday, after the Walmart majority-owned retailer reported a narrower half-year loss. Like its peer...
The Rice Millers Association of Ghana, has described governments new directive to adjust the benchmark value policy to 30 percent discount for all goods and 10 percent for vehicles as a political move which goes against the country’s industrialization...
The producer price inflation (PPI) rate for October 2022 was 65.2%, the Ghana Statistical Service (GSS).  This rate indicates that between October 2021 and October 2022 (year-on-year), the PPI increased by 65.2%, representing a 19.3 percentage points increase in producer...
The secondary bond market rebounded last week, recording an increase in total volume traded. Total market turnover expanded by 18.78% to ¢90.40 million. The upturn in overall market activity followed increased transactions across the new bonds. The 7-year new bond (maturity: Feb-2030)...
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