Adnan Adams Mohammed Ghana’s banking sector is to face another crisis if the Bank of Ghana fails with its control measures to avert the downturn consequence of the …
Economy and Finance
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Agric and EnvironmentEconomy and FinanceLifestyleNewsTechnology
Analysts pegs cedi to end year at ¢12.43 to a dollar
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Some economists, both international and local have peg the local currency, the cedi to end the year below ¢13 to a dollar. This is in …
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Ghana’s economy looks fragile
by Adnan Adamsby Adnan AdamsBy Elorm Desewu Ghana’s economy may be heading into recession, if the government is unable to secure the US$3billion Extended Credit Facility from the international Monetary Fund, (IMF). The government …
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Agric and EnvironmentEconomy and FinanceLifestyleNewsPolitics
Unemployment situation to worsen amidst implementation of new taxes
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Business owners in the country have expressed a worsening situation of unemployment in coming months as their cost of doing business is set to increase since …
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Non-Traditional Export earnings record 6% growth in 2022
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Ghana’s Non-Traditional Export (NTE) earnings for the year 2022 jumped in growth by 6 percent over previous year’s performance. The Ghana Export Promotion Authority (GEPA) …
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Northern Ghana: the panorama of growing food insecurity amidst heightened terrorism and tribal conflict
by Adnan Adamsby Adnan AdamsBy: Adnan Adams Mohammed Malnutrition and signs of poverty are easily identified among the people of northern Ghana as you travel across the regions. Data from a research …
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Analysts predict extended hard times for banks in Ghana
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed A Financial data analysis firm, Bloomberg, has estimated that banks operating in Ghana have been hit by about US$1.4 billion impairment due the debt restructuring. …
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‘Currency Board’ will effectively address monetary management infractions – IEA
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed As Ghana visage for a way out of its cyclical economic management mess, the government is advised to establish a ‘Currency Board (CB)’ to help in …
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Economy and FinanceLifestyleNewsTechnology
IEA takes on govt for snubbing fiscal adjustment but pursuing debt restructuring as advised by IMF
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The Institute of Economic Affairs (IEA) is dismayed at the snobbish attitude of government towards the fiscal adjustment advice from the International Monetary Fund (IMF) in …
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Agric and EnvironmentEconomy and FinanceNewsPoliticsTechnology
Fitch, IEA discount gov’t use of COVID-19 and Russia/Ukraine war as excuse for economy woes
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Ghana’s economic collapse cannot solely be blamed on COVID-19 pandemic and the Russian/Ukraine war, Fitch Solutions has discounted government’s overused excuse. It explains that, even …