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Business

Ghana Cedi falls 40% to US dollar

For nine months this year, the cedi has lost 40.05% in value to the US dollar, according to data from Bloomberg. This makes the...

Business

Cedi ranked second worst-performing currency in the world – Bloomberg report

According to a Bloomberg analysis, the Ghana Cedi has the second-worst performance of any currency in the world, trailing only the Sri Lankan Rupee. The...

News

Government may not be able to conclude IMF deal this year – Economist

Dr. Theophilus Acheampong, an economist, doubts government will be able to conclude the deal with the International Monetary Fund before the year ends. “We have...

Business

Possible IMF bailout programme to boost investor confidence – ISSER

Professor Peter Quartey, an economist, is optimistic that the potential bailout plan from the IMF will increase investor confidence in Ghana.This comes after the...

News

T Bills, short-term securities will not be affected by Ghana’s debt restructuring – US-based Associate Professor

Treasury bills and short-term securities will not be affected by the expected debt restructuring programme that the Government of Ghana will undertake after the...

Business

Economy on upswing despite numerous shocks – Ofori-Atta

The Finance Minister, Ken Ofori-Atta, has stated that Ghana’s economy is on an upward trajectory despite the shocks that hit the economy. According to him,...

Business

Government assures of financial sector safety

Finance Minister Ken Ofori-Atta has promised that the domestic financial industry will be protected during discussions at IMF negotiations while discussions on a sustainable...

News

Ofori-Atta says Ghana’s economy is gradually improving despite shocks

In spite of recent devastating shocks, the economy of Ghana, according to Minister of Finance Ken Ofori-Atta, is growing only a little. “Overall, our growth...

Independent Africa

IMF staff agreement with Mozambique that could unlock $63.8M

Mozambique and the IMF team reached Monday a staff-level agreement on the economic and financial policies that could support the approval of the First...

Business

Could IMF deal seal economic recovery?

An agreement with the IMF is anticipated to increase investor confidence as Ghana's fiscal and debt vulnerabilities intensify in the face of a challenging...

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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