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Ghana could’ve frozen debt payments with DSSI but failed to sign on – WB President

According to World Bank Group President David Malpass, Ghana could have joined the Debt Service Suspension Initiative (DSSI) to benefit from a debt freeze...

Business

Cedi depreciates further, highest decline recorded in 22 years – Report

Bloomberg has on Thursday, October 20, 2022, reported that Ghana’s local currency – the cedi - has diminished in value by 9.6%. This, the news...

Business

We have identified specific policies to restore Ghana’s macroeconomic stability – IMF

Following their most recent visit to Ghana, which is looking for a $3 billion program to stabilize the economy, the International Monetary Fund stated...

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‘We’ve made good progress’ – IMF on Ghana’s support programme talks

The International Monetary Fund (IMF) team, led by Stéphane Roudet, have indicated that there has been good progress regarding Ghana's request for a financial...

Business

‘We’ve made good progress’ – IMF on Ghana’s support programme talks

Ghana's request for a financial bailout from the International Monetary Fund (IMF) team, led by Stéphane Roudet, has indicated that there has been considerable...

Business

No need ‘to panic or be rushing to put pressure on the cedi’ – Ofori-Atta

The Ghana Cedi will be under pressure if unnecessary purchases of dollars are made, according to Finance Minister Ken Ofori-Atta. However, he insists that the...

Business

IMF negotiations: Government must aim for good programme not fast one – Terkper

According to former finance minister Seth Terkper, it is essential for the administration to work toward a strong and good program rather than one...

Business

Show proof your debt levels are sustainable to get a deal – IMF to Ghana

Ghana must demonstrate that its debt levels are manageable, according to the International Monetary Fund, before the organization can accept an economic assistance plan...

Business

Economic hardships: What to do with your money in these times

One of the biggest economic crises Ghana has ever seen throughout the post-colonial period can be said to be the one it is currently...

Business

The implication of the closure of markets and shops on Ghana’s economy

According to data, the informal sector, which is important for economic development, makes up around 80% of Ghana's population. Major marketplaces in the nation, including...

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

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