Adnan Adams Mohammed The Ghana Revenue Authority (GRA) says, in a special exercise to seal revenue losses, recovered in excess of GHS85 million revenue within a five month period between October …
Technology
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Economy and FinanceNewsTechnology
IMF satisfied with member countries reporting transparency
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The International Monetary Fund (IMF) has shown its satisfaction to the reporting transparency and compliance levels of member countries, including Ghana. The Fund indicated that …
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Economy and FinanceNewsPoliticsTechnology
World Bank new boss eulogized
by Adnan Adamsby Adnan AdamsHe has vast and rich experience in the private sector and his passion for all things digital make him an appropriate and exciting choice for developing countries in general and …
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Economy and FinanceNewsTechnology
Ghana to stay off bonds market in short term amidst IMF programme – Fitch
by Adnan Adamsby Adnan AdamsIn its February 2023 Africa Monitor Report, Fitch Solutions, said the rising interest rates which has been hiked to 28% at the beginning of last year make domestic borrowing more …
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Agric and EnvironmentEconomy and FinanceLifestyleNewsTechnology
Inflation returns to target band in 2025
by Adnan Adamsby Adnan AdamsThe Bank of Ghana is very optimistic that headline inflation would return to its medium term target band of 8±2 percent during the second half of 2025. According to the …
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Economy and FinanceNewsTechnology
Ghana’s ‘junk’ economy…Ftich, Terkper express worry
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed A former Finance Minister has diffused government’s incessant blame of Ghana’s economic woe on effects of the Covid-19 pandemic and the Russia–Ukraine war. The former …
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Economy and FinanceNewsTechnology
Fitch downplays government’s hope on DDEP expected to anchor external debt restructuring
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Government of Ghana has expressed optimism to secure a successful implementation of an external debt restructuring after successfully completing a Domestic Debt Exchange Programme (DDEP). …
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Economy and FinanceNewsPoliticsTechnology
World Bank’s boss untimely exit linked climate change comment
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed All things being equal, World Bank president will vacate his highest profile job middle of this year. David Robert Malpass, an American economic analyst and …
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Economy and FinanceNewsTechnology
DDEP to weigh on balance sheet of banks – Fitch Solutions
by Adnan Adamsby Adnan AdamsThe Domestic Debt Exchange Programme is likely to weigh on the balance sheets of banks in Ghana and consequently reduce credit to the private sector, Fitch Solutions has revealed in …
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Economy and FinanceNewsTechnology
Ghana, Zambia fiscal challenge to persist due to elevated funding costs – RMB
by Adnan Adamsby Adnan AdamsRand Merchant Bank is warning of constrained fiscal policy in African countries such as Ghana and Zambia due to elevated costs of funding. The two countries are presently …