By Elorm Desewu The Bank of Ghana, (BoG) plans to auction US$120 million to the Bulk Oil Distribution Companies (BDCs) in the first quarter of 2025. This is to enable …
Economy and Finance
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Economy and FinanceNews
IMF flags Ghana’s energy sector deficit, pushes for swift reforms
by Adnan Adamsby Adnan AdamsIn its latest staff report, the IMF revealed that Ghana’s energy sector deficit for 2024 exceeded expectations, widening by 0.6 percentage points of GDP and further straining public finances.
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it is unrealistic for the next Mahama’s administration to cut or abolish some of the taxes
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Economy and FinanceNews
Untamed Inflationary trend to cut growth in Ghana, Nigeria…as Deloitte see further surge amidst Xmas spending
by Adnan Adamsby Adnan AdamsThe resultant of rising inflation is that, businesses face higher costs while consumers have to cut spending, worsening the ongoing cost of living crisis”, Deloitte, the globally acclaimed professional services …
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Economy and FinanceLifestyleMining & EnergyNews
Your victory is not out of love for your chorus
by Adnan Adamsby Adnan AdamsThe electorate has handed you the reins, not out of romantic nostalgia for the days of dumsor or a craving for infrastructural debates, but as an act of desperation.
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Economy and FinanceNews
Chartered economist accuses NPP of depleting buffers for maintaining cedi stability
by Adnan Adamsby Adnan AdamsSpeaking on a radio show last week, Mr. Oduro Takyi alleged that these buffers, created during the Mills-Mahama administration, were specifically designed to maintain cedi stability.
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Economy and FinanceNews
Parliamentary deadlock delays $300mn World Bank funding – Fin Minister
by Adnan Adamsby Adnan AdamsWe should have passed some legislation that would have qualified us for US$300 million from the World Bank
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Economy and FinanceNews
Deregulate financial sector’ or watch the economy totally collapse – ACEYE
by Adnan Adamsby Adnan AdamsAcquah spoke during a ACEYE Public Policy Value Rating presser in view of the 2024 general elections, held at their headquarters in Dome, Accra.
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Economy and FinanceNews
Gov’t transitioned economy from ‘taxation to robbery’ – Domelevo
by Adnan Adamsby Adnan AdamsMr Domelevo sharply criticised government policies, alleging they have shifted from mere taxation to outright “robbery.”
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Economy and FinanceNews
Deloitte optimistic of Ghana’s banking sector resilience
by Adnan Adamsby Adnan AdamsDeloitte is optimistic the policy rate will support economic growth and prevent inflation from rising.