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Intra-Africa trade is the only way to help boost African economies -AfCFTA boss

Secretary-General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has noted that intra-Africa trade is the only way to help African economies...

Business

IMF deal: Ghana doesn’t have a strategy – Michael Yamson

The government's economic management team who have left for Washington to discuss concerns pertaining to its International Monetary Fund (IMF) program have no strategy...

Business

Under a $3 billion IMF agreement, electricity, VAT, and E-Levy tariffs are expected to increase

As part of the conditions to secure a US$3 billion extended credit facility from the International Monetary Fund, some taxes and tariffs must go up. These...

News

Despite the hardships facing Ghana, government is still paying salaries – Ahiagbah

According to Richard Ahiagbah, the director of communications for the ruling New Patriotic Party (NPP), the effects of Covid-19 and the Russia-Ukraine war on...

Business

Ghana to receive $3 billion IMF bailout in May – Report

After numerous deliberations and negotiations with the International Monetary Fund (IMF) for a $3 billion bailout, Ghana is set to secure the aid from the Fund...

Business

Ghana’s inflation rate to reduce to 8.8% by 2028- IMF predicts

According to predictions made by the International Monetary Fund (IMF), Ghana's inflation rate will drop sharply to 8.8 percent by the end of 2028. This...

Business

New bonds increase trading volume by 459%

The bond market witnessed a significant increase in volume as trades in the new bonds experienced an uptick last week, reaching GH¢227.44million – a...

Business

China and the World Bank are finding solutions to end the debt distress impasse

China and the World Bank are exploring compromises over how to restructure billions of dollars of debt held by poor nations, seeking a long-sought...

Business

IMF reduces Ghana’s economic growth rate to 1.6% in 2023

The International Monetary Fund (IMF) in a recent economic forecast has lowered the economic growth of Ghana from 2.8 percent in October 2022 to 1.6 percent...

Business

IMF report predicts a 24.1% decline in oil prices to $73.1 per barrel in 2023

Prices of crude oil on the international markets is expected to fall by 24.1 percent to sell at an average of $73.1 per barrel...

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

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