the World Bank remains cautiously optimistic about Ghana’s prospects, projecting a rebound to 4.6% growth in 2026 and 4.8% in 2027 rating Ghana among a few African economies showing early …
Inflation
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Economy and FinanceNews
Govt snubs high treasury bill rate demands …despite heavy debt refinancing needs
by Adnan Adamsby Adnan AdamsThis means that government is openly calling the bluff of investors who are gradually pulling back from buying treasury bills that offer interest rates that are between 450 and 700 …
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Gold prices crossed the US$3,000 per fine ounce on March 14, 2025, on account of heightened economic uncertainty triggered by the trade and geopolitical tensions, persistent inflation, and weakening US …
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Economy and FinanceNews
BoG raises benchmark interest rate to 28% …even as treasury bill rates hit two year low of less than 17%
by Adnan Adamsby Adnan AdamsThe Ghana Reference Rate, which serves effectively as the base lending rate for all commercial banks – being computed by them in collaboration with the BoG – has been a …
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Economy and FinanceMining & EnergyNews
COPEC tells gov’t to pay close attention to fuel pricing … amidst new pricing floor
by Adnan Adamsby Adnan AdamsEffective February 16 to 28, OMCs and LPGMCs are to adhere to the newly established price floor.
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Economy and FinanceNews
Labour experts disagree on public sector minimum wage increment rate
by Adnan Adamsby Adnan AdamsAlthough, public sector workers have received the news with excitement, some labour experts have clashed with each other on the wage pay adjustment, opposing each other. Austin Gamey has described …
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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 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.
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Economy and FinanceNews
Ghanaian enduring expensive economic recovery – Economist
by Adnan Adamsby Adnan Adamswe are going through an expensive economic recovery”, Prof Godfred Bokpin shared in an interview last week.
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Economy and FinanceNews
Ghana’s economy is firmly on the path of recovery – Akufo-Addo says attributing it to BoG data
by Adnan Adamsby Adnan AdamsHe said this last week, when he commissioned The Bank Square, the magnificent new headquarters of the Bank of Ghana, located in the heart of Accra.