Overall, the SB ATB trade attractiveness rankings reveal a dynamic shift in trade standings among the 10 African nations it covers, with Tanzania (moving from 8th to 4th ranking), Mozambique …
Economy and Finance
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Economy and FinanceFeaturesNews
CSOs sue ECG and Fidelity Bank over procurement violations
by Adnan Adamsby Adnan AdamsThe coalition argues that ECG’s recent engagement of Fidelity Bank as the “single account” custodian, alongside its large-scale foreign exchange transactions with the bank involving millions of dollars, should have …
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Economy and FinanceNews
More women owns bank accounts but more action needed to promote usage – BoG
by Adnan Adamsby Adnan AdamsMs Awadzi emphasised that beyond encouraging women to open bank accounts, there should be incentives for them to use these accounts to grow their businesses.
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Economy and Finance
Ghana engages economic partners with a call for improved trans-African trade
by Adnan Adamsby Adnan AdamsThe meetings deliberated on potential collaborations for Ghana’s economic sustainability, with mutual benefits for both the country and the development partner.
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Mr Pierre-Olivier Gourinchas, the IMF’s Chief Economist, said global headline inflation, which peaked at 9.4% in the third quarter of 2022, is expected to drop to 3.5% by the end …
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Highlighting that, the DDEP played a crucial role in alleviating Ghana’s financial difficulties and reducing its debt burden, creating a more sustainable fiscal environment.
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Economy and FinanceNews
Ghana, others to experience budget shortfall in 2024 – Fitch predicts
by Adnan Adamsby Adnan AdamsMany governments across the region will continue to rely on domestic and external borrowing to cover fiscal deficits in 2025”, the article highlighted.
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Economy and FinanceNews
ADB PLC now solid & robust …profit continue to soar
by Adnan Adamsby Adnan AdamsThis remarkable record could be attributed to hard work and commitment on the part of Board, Management and Staff to make the bank more robust and also to maintain its …
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Economy and FinanceFeaturesNewsPolitics
Cedi ranked 4th weakest in Sub-Saharan Africa – WB
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed After losing approximately 24 percent of its value against the US dollar, the Ghana Cedi is currently the fourth weakest or worst performing currency …
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Economy and FinanceFeaturesNews
Banks take measures to tackle increase threats
by Adnan Adamsby Adnan AdamsThese initiatives are aimed at bolstering the banking sector’s defences against increasingly sophisticated fraud schemes as depicted in the Bank of Ghana’s (BoG) latest Fraud Report.