Adnan Adams Mohammed About 55 African nations have signed unto the African Continental Free Trade Area (AfCFTA). When successful, the Trade Agreement will be the largest free trade area …
Economy and Finance
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Economy and FinanceNewsTechnology
DDEP to weigh on balance sheet of banks – Fitch Solutions
by Adnan Adamsby Adnan AdamsThe Domestic Debt Exchange Programme is likely to weigh on the balance sheets of banks in Ghana and consequently reduce credit to the private sector, Fitch Solutions has revealed in …
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Economy and FinanceNewsTechnology
Ghana, Zambia fiscal challenge to persist due to elevated funding costs – RMB
by Adnan Adamsby Adnan AdamsRand Merchant Bank is warning of constrained fiscal policy in African countries such as Ghana and Zambia due to elevated costs of funding. The two countries are presently …
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Economy and FinanceLifestyleNewsReal Estate
Household spending falls by 11% in 2022 – survey
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed A new survey findings have indicated that, total household spending in Ghana reduced by a high margin of 11.09% in 2022. The 4th edition of UK-Ghana …
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Agric and EnvironmentEconomy and FinanceNews
Ghana Cocoa export to double… as gov’t targets $4.1bn in revenue
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The government of Ghana has projected cocoa exports to double in a period of three years against the 2022 figures. Government’s spokesperson expects that, export …
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Economy and FinanceLifestyleMining & EnergyNews
NPA ordered to be effective in monitoring of OMCs pricing under G4O
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The ministry of energy has bemoaned loose regulatory monitoring of Oil Marketing Companies (OMCs) which has benefited under the Gold for Oil (G4O)first consignment. A …
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Economy and FinanceNewsPolitics
Parliament inundated with tax exemptions agreements – Ato Forson
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The Finance Committee in Parliament is alarmed with the numerous tax exemptions agreements in the country. According to the immediate past ranking member of the …
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By Elorm Desewu The Bank of Ghana, (BoG), is very optimistic that the economy would soon recover as the government has spelt out measures that will put the fiscal on …
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Agric and EnvironmentEconomy and FinanceNews
IMF bailout to be ready before end of 1st quarter
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The government is likely to receive International Monetary Fund’s (IMF) approval before end of first quarter this year. The Fund’s recent comment gives high hope …
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Adnan Adams Mohammed The International Monetary Fund (IMF) has projected a 2.8% Gross Domestic Product for Ghana in 2023, as it expects the growth rate in 2024 to be …