Fred Avornyo
Inflation: Soaring Price of Tomatoes Causes a Stir on Social Media
Tomato prices caused quite a stir on social media just around the time the Ghana Statistical Service (GSS) revealed a staggering 46% inflation rate...
Ato Forson Projects IMF Programme Failure due to Reckless Spending, Cedi Depreciation
Minority Leader of Ghana’s Parliament, Dr. Cassiel Ato Forson has alleged that a major
contributor to the cedi depreciation is huge government expenditure which he...
Investors with Locked Funds to Get Official Response from Finance Ministry
The Ministry of Finance has assured investors with locked-up funds in defunct financial institutions that they will receive an official response "within the shortest...
Dollar Hits 15 Cedis Mark at the Forex Bureau
The Ghanaian cedi experienced another blow as it crossed the GH¢15 mark against the US
dollar, less than three weeks after breaching the GH¢14 milestone....
Slash Policy Rate to 26.5%, Dr. Kwakye of IEA tells BoG
Dr. John Kwaye, the Head of Research at the Institute of Economic Affairs (IEA), has urged the Bank of Ghana (BoG) to slash its...
Banks are Taking Advantage of BoG High Policy Rate to Rip Off Customers- Togbe Afede XVI
The founder of SAS Finance Group, Togbe Afede XIV, has levelled accusations against banks, alleging that they exploit the high policy rate set by...
BoG New Head Office Project and Other Expenses Insane – Togbe Afede XIV
Renowned business magnate and seasoned investment banker Togbe Afede XIV has voiced strong reservations regarding the Bank of Ghana's (BoG) allocation of $250 million...
Businesses can Now Borrow Short-Term Funds – Ghana Stock Exchange
Businesses in need of quick funding for operational necessities can now turn to the Ghana Stock Exchange (GSE) and borrow funds on its Commercial...
Bloomberg Forecasts Dollar to End Year at GH¢16 Amidst Historic Decline
Bloomberg, a prominent financial and media company, has forecasted a further depreciation of the Ghanaian cedi, projecting it to reach a value of GH¢15.98...
‘Gobe’ Inflation is 96% Higher than the National Average – High Production Cost or Gentrification?
A popular Ghanaian delicacy, gari and beans with fried ripe plantains recently christened ‘Gobe’, is one of the top 10 items with the highest...
Ghana to Witness Launch of First Ever Public Commercial Paper Market Tomorrow
All is set for Ghana to witness the launch of its first public Commercial Paper (CP) market
tomorrow May 10, 2024, marking a significant milestone...
Economy: April Records Marginal Drop in Inflation
According to a latest report by the Ghana Statistical Service (GSS), Ghana's inflation rate dipped slightly in April 2024. The inflation rate is estimated...
Finance: Locked-Up Investors Forum to Picket Finance Ministry Over Locked-up Funds
Locked-Up Investors Forum, a group of investors who have been unable to access their funds following the collapse of several financial institutions some seven...
Government Treasury Bills Experience Slight Over-Subscription
At the latest auction on Friday, May 3, 2024, patronage for government treasury bills saw a marginal over-subscription of approximately 17 percent. Initially targeting...
Fuel Price Increment: Weak Cedi Drives Petrol Prices Up to GH¢15.30
The price of petrol has once again surged, climbing from an average of GH¢14.99 two weeks ago to a range between GH¢15.22 and GH¢15.40...
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French Bank Société Générale Exiting Ghana Market
Société Générale, a French bank, has made the decision to withdraw from the Ghanaian market just twenty years after entering. Alongside Ghana, the bank...