Economy
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BoG’s share of domestic debt decreased to 17%; commercial creditors hold 9.2% of Ghana’s external debt
The share of external debt by creditor categories were Multilateral holders, 42.3%; international capital market, 28.5%; bilateral holders, 20.0% and commercial creditors, 9.2%
Reasonable Ghanaians approve of Ato Forson’s management of economy – NEIP CEO
The Chief Executive Officer of the National Entrepreneurship and Innovation Programme (NEIP), Eric Adjei, has defended the government’s management of the economy, insisting that the Finance Minister, Dr Cassiel Ato Forson, is earning Ghanaians’ confidence through prudent economic leadership. Speaking on Asempa FM’s Eko...
Social engineering remains Ghana’s weakest link in digital fraud fight – e-Crime Bureau Chair
Founder and Executive Chair of E-Crime Bureau, Dr. Albert Antwi-Boasiako, says social engineering remains one of Ghana’s weakest links in the fight against digital fraud. He says fraudsters are increasingly exploiting human trust, fear, ignorance and online habits to steal money or personal information from unsuspectin...
Pay close attention to monthly inflation, changes in T-bills, lending rates – PwC to CEOs, Boards
The professional services firm said Ghana’s second-half year outlook is increasingly exposed to the global energy and geopolitical cycle
‘We had to save the sector’ – COCOBOD defends unprecedented cocoa price intervention
Head of Public Affairs at COCOBOD, Jerome Sam, said the decision deviated from the usual pricing pattern due to developments that emerged during the season.
IMF approves final review as Ghana exits $3bn rescue programme
Ghana has completed its three-year, $3 billion bailout programme with the International Monetary Fund after the Fund approved a final review that unlocks a last disbursement of about $371 million, the Finance Ministry announced on Monday. The approval by the IMF Executive Board brings total disbursements under the Exte...
Ghana must diversify economy to safeguard Cedi stability — Prof Asuming
Economist and lecturer at the University of Ghana, Patrick Asuming, has warned that Ghana cannot rely on short-term gains in the value of the cedi without making bigger changes to the structure of the economy.
T-bills: Government records 5.9% undersubscription, but interest rates decline marginally
Investors bought T-bills worth a little over GH¢4.21 billion, as against a target of GH¢4.48 billion. The government, however, accepted about GH¢3.9 billion of the bids.
GRA unveils customs border post at Antado, Cape Coast
At the official opening of the post, Commissioner General of the Ghana Revenue Authority, Anthony Kwasi Sarpong, assured of the necessary government support to ensure that officers put in their maximum effort to collect revenue for the State.
Current account stability to mitigate pressure on cedi; currency to end year at GH¢11.40 to a dollar
Fitch Solutions says the current account stability will mitigate any downside pressure on the Ghana cedi, despite souring investor sentiment towards Emerging Market assets. According to the UK-based firm, strong export receipts will continue to bolster Ghana’s already robust forex reserves, which have risen to US$14.4...
Ghana’s growth outlook dims slightly amid US-Iran conflict – Fitch Solutions
“We have nudged down our 2026 growth projection from 5.9% to 5.5% as stronger-than-expected price pressures have slightly softened the outlook for consumer spending”.
¢300m won’t cut it – Buffer Stock CEO says Ghana needs ¢1.5bn to secure food reserves
Ghana needs at least ¢1.5 billion to build a meaningful national food reserve system, far above the ¢300 million currently available to the National Food Buffer Stock Company, its CEO, George Abradu-Otoo, has said.