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Ghana’s economic recovery hangs in the balance as cedi faces further depreciation – Financial Expert

The ongoing struggle of the cedi to sustain its value over the long term is prompting concerns about the economy's prospects for enduring transformation,...

January 2024 inflation to hit to 22.4% – Report

In its latest report, IC Research predicts a decline in inflation to 22.4% in January 2024 from the December 2023 figure of 23.4%. The...

Ghana’s share of the African economy has dropped from 4.54% to 2.35% – Report

Vice President of think-thank IMANI Centre for Policy and Education, Bright Simons, has highlighted a drop in Ghana's share of the African economy. He noted that...

Ghana’s economy has turned the corner, we are positioned for sustainable growth – John Kumah

Deputy Finance Minister Dr. John Kumah has asserted that Ghana's economy has successfully overcome recent challenges, positioning itself for sustainable growth to benefit its...

Cashew quality deterioration leads to decrease in market prices 

In a significant development, the international market has devalued the quality of Ghanaian cashew, resulting in a consequential reduction in the commodity's prices both...

‘The economy is broke’ – Mahama backs down from making further promises

Flagbearer of the opposition National Democratic Congress (NDC), John Dramani Mahama, has emphasized a measured approach in making promises ahead of the 2024 general...

ICU-Ghana calls on gov’t to provide relief for workers

The Industrial and Commercial Workers’ Union (ICU-Ghana) has emphasized the need for renewed commitment from the government and workers to tackle New Year challenges. In...

Ghana to record 3.5% GDP growth rate during ‘recovery phase’ in 2024 – Fitch

Fitch Solutions has adjusted Ghana's GDP growth rate projection for 2024 to 3.5%, down from the previous estimate of 3.7%. While this forecast is...

We have finally turned the corner after 3 years – Akufo-Addo

President Akufo-Addo has expressed confidence that Ghana has turned the corner in its economic situation. Currently under a three-year IMF program injecting $3 billion...

Reach agreement on debt treatment soon to aid completion of review – IMF tells Ghana

The International Monetary Fund (IMF) has conveyed optimism regarding the ongoing negotiations between the Ghanaian government and the Official Creditor Committee. The successful resolution...

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