Adnan Adams Mohammed Ghana’s economic collapse cannot solely be blamed on COVID-19 pandemic and the Russian/Ukraine war, Fitch Solutions has discounted government’s overused excuse. It explains that, even …
Technology
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Economy and FinanceNewsTechnology
Banks losses due to DDEP may continue into 2024 – Finance Lecturer
by Adnan Adamsby Adnan AdamsThe loss position of banks in Ghana may continue into next year, a Senior Finance Lecturer at the University of Ghana Business School, Dr. Benjamine Amoah, has stated. According …
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Economy and FinanceNewsTechnology
‘Currency Board’ will effectively address monetary management infractions – IEA
by Adnan Adamsby Adnan AdamsAdnan Adams Mohaammed As Ghana visage for a way out of its cyclical economic management mess, the government is advised to establish a ‘Currency Board (CB)’ to help in …
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Agric and EnvironmentEconomy and FinanceNewsTechnology
Deloitte’s free consultancy to gov’t on achieving economic sovereignty
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Deloitte Ghana has recommended to government five key ways to achieve economic sovereignty. Among others, the accounting and auditing firm listed; increasing the tax net …
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Economy and FinanceNewsPoliticsTechnology
Rising debt levels could worsen – World Bank
by Adnan Adamsby Adnan AdamsThe World Bank has said debt levels and vulnerabilities which remain high could worsen, especially for countries that have lost access to the credit market and are in or …
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Agric and EnvironmentEconomy and FinanceNewsTechnology
Gross Int’l Reserves fall to US$5.9bn
by Adnan Adamsby Adnan AdamsThe Bank of Ghana has said Ghana’s gross international reserves fell to US$5.9 billion as of the end of February 2023. It is enough to provide import cover for …
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Agric and EnvironmentEconomy and FinanceNewsTechnology
Ghana’s inflationary trend to improve as global price eases
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed As global prices of food and energy ease, Ghanaians are likely to witness a positive improvement in its inflationary trends. Ease in prices could have …
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Economy and FinanceNewsTechnology
Local banks resort to target lending.. mining firms luckiest– Fitch
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The banks suffering from fall in capital levels due to the domestic debt exchange program (DDEP) may resort to target lending, Fitch Solutions has said, …
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Agric and EnvironmentEconomy and FinanceNewsTechnology
Global economic growth forecast revised to 2%
by Adnan Adamsby Adnan AdamsThe Economist Intelligence Unit (EIU) has revised its global growth forecast for 2023 to 2%, from 1.9%. This upward revision, it said, reflects an improvement to the US growth …
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Agric and EnvironmentEconomy and FinanceLifestyleNewsPoliticsTechnology
Part 2: Taxes and Ghana’s debt economy : experts view on the new tax bills
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed As the debate on the proposed new tax bills rages on, continuing from part one of this article, the opposition to the new tax bills is …