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Business

3% GDP growth rate for Ghana in 2024 – World Bank predicts

The World Bank anticipates Ghana's Gross Domestic Product (GDP) to grow by approximately 3% by the end of 2024, as outlined in the April...

Business

Please don’t scrap e-levy – GRA to political parties

Amid promises from political parties to abolish the Electronic Transfer Levy (E-Levy) following the 2024 general elections, Charles Addae, the Assistant Commissioner of the...

Business

Debt-to-GDP is 66% – Bawumia

Vice President Dr Mahamudu Bawumia has noted that Ghana's debt-to-GDP ratio as of 2023 stood at 66.4 percent. This is marginal growth following the 76.6%...

Business

Ghana’s GDP expanded by 2.0% in third quarter of 2023 – Ofori-Atta

Recent provisional figures from the Ghana Statistical Service (GSS) has revealed a 2.0% expansion in the economy during the third quarter of 2023. This...

World

Irish economy stronger than data indicates – Think tank

Ireland's economy is doing well, even though the main GDP numbers may not show it, according to a top research group. The Irish economy's...

News

Ghana’s trade balance surges to US$2.058 billion, representing 2.7% of GDP

Ghana's trade balance witnessed significant growth, reaching US$2.058 billion in October 2023, equivalent to 2.7% of the Gross Domestic Product (GDP). According to the...

Business

Fitch projects Ghana’s debt to GDP to fall to 87% by end of the year

Fitch, the rating agency, forecasts that Ghana's public debt will decrease to 87% of Gross Domestic Product (GDP) by the close of 2023, down...

Business

GDP contribution by SOEs rises to 10% – SIGA

In 2022, state-owned enterprises (SOEs) significantly contributed to Ghana's Gross Domestic Product (GDP), accounting for GHȼ58.2 billion, which amounts to 10 percent. This marks...

Independent Africa

IMF cuts North Africa’s 2023 real GDP growth forecast

The annual IMF-World Bank meetings are currently taking place in Morocco, but the conflict between Israel and Hamas has put a shadow over them...

News

Leaders in business, politics support reevaluating Africa’s GDP

Prominent business and political figures from across the continent have stressed the urgency of reevaluating Africa's Gross Domestic Product (GDP) by conducting a comprehensive...

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

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