Spot gold prices hit a record high of US$3,578.50 per ounce last week on expectations of a U.S. Federal Reserve interest rate cut later this month, while lingering global uncertainties …
Economy and Finance
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Economy and Finance
Cancellation of Africa’s external debt – Dr. Atuahene mounts opposition
by Adnan Adamsby Adnan AdamsSome market analysts are cautioning against growing calls for the wholesale cancellation of Africa’s external debts, describing the proposal as economically unsustainable. Banking Consultant, Dr. Richmond Atuahene, argues that Africa’s …
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The recent depreciation of the world’s best performing currency a few months ago, the Ghana Cedi, has left many stakeholders upbeat despite heightened speculation. Data from Bloomberg indicates that the …
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Economy and Finance
Remittance Regulatory Breach: BoG cracks the whip against UBA and partner PSPs and MTOs
by Adnan Adamsby Adnan AdamsIn its efforts to maintain regulatory grips on the foreign exchange market, the Bank of Ghana has suspended the trading license of United Bank for Africa (UBA) Ghana and its …
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Last week, on September 1, COCOBOD began servicing its securitized debt, which was restructured in 2023 under the second phase of the controversial, yet necessary Domestic Debt Exchange Programme, DDEP. …
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Economy and Finance
BoG Governor Asiama optimistic of private sector credit rise
by Adnan Adamsby Adnan AdamsGovernor of the Bank of Ghana (BoG), Dr Johnson Asiama, has said that the central bank is optimistic that private sector credit will begin to rise. He makes the point …
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The Ghana Statistical Service (GSS) in its Consumer Price Index bulletin (consumer inflation) for August 2025 recorded a continued downward trend, reaching a four-year low of 11.5 percent. This marks …
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Hajj Management: Ghanaian muslims petition Mahama for a ‘reset’
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Muslims community in Ghana has petitioned the President, H.E. John Dramani Mahama, as part of the ‘Reset Ghana Agenda’ to establish a permanent …
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ADB’s MSMEs Coordinator promotes retail banking to patrons at Fetu Afahye
by Adnan Adamsby Adnan AdamsAgricultural Development Bank’s (ADB) Coordinator in Charge of Micro Small Medium Enterprises (MSMEs), is currently leading a team to promote retail banking at the Fetu Afahye festival …
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Economy and FinanceLifestyleNewsPoliticsReal EstateTechnology
Mahama charges on Ofankor-Nsawam road contractors …expects handing-over by June 2026 amid call for use of quality materials
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Following thundering anger from users of the Ofankor-Nsawam Road, President John Dramani Mahama has paid a working visit to the project site yesterday, …