A renowned economist has raised concerns over the Bank of Ghana’s cut in its Monetary Policy Rate by 350 basis points to 21.5% amid potential inflationary pressures. He posited that …
Economy and Finance
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Economy and Finance
GRA launches GovTech Innovation Challenge to enhance tax mobilization
by Adnan Adamsby Adnan AdamsThe Ghana Revenue Authority (GRA) has launched the GovTech Innovation Challenge, a new programme designed to drive innovative digital solutions that strengthen tax administration, particularly within the informal sector and …
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Economy and Finance
IMF projects Ghana’s debt-to-GDP ratio to fall to 60% by end of 2025
by Adnan Adamsby Adnan AdamsThe International Monetary Fund (IMF) has projected Ghana’s public debt to settle at around 60 percent of Gross Domestic Product (GDP) by the close of 2025, citing the country’s recent …
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Market activity on the Ghana Stock Exchange (GSE) contracted sharply in August 2025, as both volumes and values traded declined from July’s levels. Per latest data from the local bourse, …
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Economy and Finance
World Bank disburses US$360 million to support Ghana’s economy
by Adnan Adamsby Adnan AdamsThe World Bank has disbursed US$360 million from its International Development Association (IDA) for Ghana. The disbursement is coming under the Second Resilient Recovery Development Policy Financing operation, to support …
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Economy and Finance
IMF, economists back utility tariffs hike amid public outcry
by Adnan Adamsby Adnan AdamsAs Ghanaians are up in arms against proposals by the utility companies for steep upwards tariff adjustments, some stakeholders of the Ghanaian economy are all out for the hikes, although …
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After a strong appreciation to peak reach around GHC10.02 to US$1.0 averagely, the Ghana cedi has broken the chain to run loose since August this year to sell at GH¢13.10 …
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Economy and Finance
MOU signed with Arab Bank for Economic Development in Africa to strengthen 24-Hour economy programme
by Adnan Adamsby Adnan AdamsThe government of Ghana through the 24-Hour Economy Secretariat has signed a Memorandum of Understanding (MoU) with the Arab Bank for Economic Development in Africa (BADEA) to advance Ghana’s economic …
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Agric and EnvironmentEconomy and FinanceMining & EnergyNewsTechnology
Eni, partners sign agreement with Ghana to strengthen energy production and sustainability
by Adnan Adamsby Adnan AdamsEni Ghana and its Offshore Cape Three Points (OCTP) project partners, Vitol and the Ghana National Petroleum Corporation (GNPC), has signed a Memorandum of Intent with the …
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Economy and Finance
MPC’s 126th in session; key considerations are falling inflation, currency pressures and tariff risks
by Adnan Adamsby Adnan AdamsThe Monetary Policy Committee of the Bank of Ghana began its 126th regular meeting on Monday, September 15, 2025, with a focus on key developments shaping the economy. That’s a …