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Gold for oil scheme will deplete Ghana’s forest reserves – ASEPA warns

The government has been asked by the Alliance for Social Equality and Public Accountability (ASEPA) to reverse its decision to buy oil on the...

Business

Senyo Hosi proposes ‘Rice Development Levy’ to increase rice production

Senyo Hosi, a financial and economic policy analyst, has advised the government to enact a "Rice Development Levy" in an effort to boost the...

Business

Today in History: BoG won’t disclose your MoMo details – Governor assures

Mobile money users are protected, according to Dr. Ernest Addison, Governor of the Bank of Ghana, because the Central Bank will not disclose their...

Business

BoG will ensure banks remain solvent – Dr Addison

Dr. Ernest Addison, the governor of the Bank of Ghana (BoG), has expressed worry about the solvency of some Ghanaian banks. According to him, the...

Business

Policy rate hits 27%; cost of borrowing to go up further

Ghana’s Central Bank has increased the benchmark interest rate as the significant upside risks to inflation outlook remain. To continue to contain inflationary pressures, the...

Business

BoG increases Monetary Policy Rate from 24.5% to 27%

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the Monetary Policy Rate by 250 basis points to 27 percent. The...

Business

FLASHBACK: Banking crisis: Government had no choice but to protect depositors – Osafo Maafo

Former Senior Minister Yaw Osafo-Maafo defended the government's choice to borrow GH12.7 billion to compensate impacted banking sector depositors. There has been much uproar about...

Business

Shares jump as US inflation cools

Share prices have soared as a result of investors' enthusiasm for official data that indicates the US cost of living increased last month at...

Business

Fiscal and monetary indiscipline is fueling inflation, Cedi fall – Kwakye

The Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has indicated that financial indiscipline is what is causing high...

Business

Today in History: Inflation will tumble – BoG Governor

Dr. Ernest Addison, the governor of the Bank of Ghana, predicted that the country's inflation rate would decline during the next years. Inflation at the...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia