Tag: Fitch Solutions
Business
Ghana’s inflation will end in 2024 with 20.8% – Fitch Solutions projects
Fitch Solutions has forecasted that Ghana's inflation rate will ease in the short term, ending 2024 at 20.8%, according to their "Ghana Inflation 2024...
Business
Ghana to record 4.0% unemployment rate in 2024 – Fitch Solutions
Ghana is expected to maintain an average unemployment rate of 4.0% throughout 2024, according to a recent report by Fitch Solutions.This rate is...
Business
Ghana’s policy rate to end at 27% by end of 2024 – Fitch Solutions
Fitch Solutions has projected that the Bank of Ghana (BoG) will lower its benchmark policy rate by 200 basis points to 27.00% by the...
News
Fitch Solutions predicts Mahama to win December 7 election with 54%
Research and data firm, Fitch Solutions, predicts that the opposition National Democratic Congress (NDC) will emerge victorious over the ruling New Patriotic Party (NPP)...
Business
Cedi expected to regain value – Fitch
London-based financial analysis firm, Fitch Solutions has projected a 9% recovery in the value of the Ghanaian cedi against the US dollar by the...
Business
Ghanaians to utilize 4G as primary source of mobile phone connectivity by 2033 – Report
4G networks are projected to remain the primary connectivity choice in Ghana through 2033, driven by the widespread affordability of smartphones.Despite the introduction...
Business
Fitch Solutions forecasts continued poor loan quality for banks in 2024
Fitch Solutions has revealed that the majority of banks in Ghana are expected to continue facing challenges with poor loan quality throughout 2024.This...
Business
Ghanaian cedi expected to get stronger in 2nd half of 2024 – Fitch Solutions
Fitch Solutions, an international rating agency, has projected a forthcoming appreciation in the value of the Ghanaian cedi.The agency attributed this optimistic outlook to...
Business
Fitch Solutions forecasts Ghana’s economy to recover by 3.5% in 2024
Fitch Solutions projects a strong recovery for Ghana's economy in its April 2024 Sub-Saharan Africa Macroeconomic Update, following two challenging years.While the World Bank...
Business
Potential interest rate cuts expected in Ghana due to import costs – Fitch Solutions
Fitch Solutions predicts potential upward risks to Ghana's interest rate outlook, pointing to geopolitical tensions and disruptions in global trade that may result in...
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