Vice President of Ghana, Dr. Mahamudu Bawumia, has chosen not to directly address the nation’s economic challenges during his tour of the Eastern Region. While he acknowledged the economic difficulties facing the country, Dr. Bawumia refrained from discussing them in detail, stating only that they are being addressed. The Vice President’s reluctance to speak about […] The post I
Amidst a sharp increase in inflation for March this year, there has been an upward trend in the cost of preparing Jollof for a family of five. The post Cost of preparing Jollof nearly hits GH₵400, increased the most in Kumasi – Report first appeared on 3News.
The donated items The Abbosey Okai Spare Parts Dealers Association has donated food items to Muslims in the community as part of the Eid celebration. The donation included bags Read More... The post Spare Parts Dealers Support Abbosey Okai
Inflation for March 2024 increased sharply to 25.8% from 23.2% recorded in February 2024. This means that in March 2024, the general price level was 25.8% higher than in Read More... The post Inflation Rises To 25.8% appeared first on DailyGuide
The Ghana Statistical Service (GSS) has announced that inflation for the month of March this year increased to 25.8%. This is up from 23.2% recorded in February 2024. Government statistician Professor Samuel Kobina Annim said at a press conference in Accra on Wednesday, April 10 that the non-food inflation went up by 22.6 percent while food […] The post Inflation rate increases sharply to
Bjorn Vido Oscar-nominated Danish singer, Bjorn Vido, who has plans of hosting a musical concert in Accra in October this year, is set to unveil his climate change advocacy Read More... The post Bjorn Vido To Unveil ‘Music In Space’ Project appeared first on
Economist and senior lecturer at the University of Ghana, Dr. Adu Owusu Sarkodie, has stated that a consistent decline in inflation has resulted in drastic price reductions as the economy continues a steady rebound. Speaking on TV3’s Ghana Tonight programme on Monday, March 18, Dr. Adu Sarkodie pointed out that there have been improvements in […] The post Reduction
By Ferdinand D. ADADZI Introduction Timestamp: Thursday, 14th March, 2024 @ 10.06 pm. We are back to erratic power supply.⚡️ ⚡️ ⚡️ You can call it dumsor or it is not? 🤷♂️ Fact still remains, there are serious challenges in power supply to residents and businesses. In the midst of the challenges, there are plenty […] The post Offgrid
Latest data from the Ghana Statistical Service has revealed a decline in inflation, with the February figure standing at 23.2%. This represents a 0.3 percentage point decrease from the 23.5 percent recorded in January. During a press briefing in Accra on Wednesday, Government Statistician Prof. Samuel Kobina Anim provided a breakdown of the figures, explaining […] The post Inflation
By Sandra Agyeiwaa OTOO The Executive Director of COMSEC Technology Solutions, Boaz Alon has stressed the critical need for addressing Ghana’s energy sector challenges, through backup power solutions. Speaking at during a press conference in Accra marking COMSEC Technology Solutions’ 10th anniversary, he stressed the role of reliable backup power in mitigating the impact of […] The post
By Ebenezer Ashley (PhD). The concept of inflation has attracted diverse theories from different economists across the globe. Economists with varied forms of theories on inflation are grouped into two. These include structuralists and monetarists (Nitisha, n.d.). Structural economists assert, inflation is the end-product of the imbalances inherent in economic systems; and adapt both fiscal […] The post
By Emmanuel AKOMEA Access Bank Ghana PLC has signed a partnership agreement with Mac Autos & Spare Parts Ghana Limited to enhance vehicle ownership in the country. Mac Autos & Spare Parts Ghana Limited, including its subsidiary, MG Auto Trading Ghana Limited, is a leading automobile dealership, selling a wide range of leading brands. As part of […] The post
Inflation had gone up marginally, recording 23.5% for January 2024. This follows five consecutive months of decline with an inflation of 23.2% in December 2023. According to data from Read More... The post Inflation Hits 23.5% appeared first on DailyGuide
By Barry EICHENGREEN For precisely three years, the economics profession has been collectively fixated on inflation. February 2021, exactly 36 months ago, was the last time consumer-price-index inflation in the United States (all items, 12-month percentage change) was at or below the Federal Reserve’s 2% target. This recent episode of above-target inflation now shows signs […] The post The
Ghana’s inflation witnessed a marginal uptick from 23.2 to 23.5 percent for January 2024. This is a reversal of the consecutive declines recorded between July and December 2023. This slight acceleration in consumer prices is attributable to the increase in Non-food inflation drivers mainly accommodation and clothing. However, food inflation continued to ease during the […] The post Inflation
Spare parts dealers at Abossey Okai The Abossey Okai Spare Parts Dealers Association has expressed its appreciation for the visionary proposal put forth by Dr. Mahamadu Bawumia, the New Read More... The post Spare Parts Dealers Hail Flat Rate Tax appeared first on
In a media forum convened on Wednesday, 7th February 2024, in Accra, Dr Mahamudu Bawumia, the Vice President and current flagbearer of the New Patriotic Party (NPP), unveiled the party’s commitment to implementing a flat rate duty on spare parts imports. The Suame Magazine Spare Parts Dealers Association expresses its gratitude for Dr. Mahamudu Bawumia’s […] The post Suame
In an age dominated by digital interactions and the incessant flow of information, the significance of safeguarding personal and organizational data has never been more pronounced. Recognizing the importance of data protection, Data Protection Day, observed annually on January 28th, serves as a poignant reminder of the collective responsibility to uphold privacy standards. In this […] The post
Fiscal space, in its simplest form, is the capacity of governments to adjust their revenue and expenditure policies to overcome economic shocks and foster growth. It is a precarious balance between short-term responsiveness and long-term prudence. It is essential to realise that fiscal space is not an abstract concept. It is tangible and can be created through […] The post
The Director of Communications of the New Patriotic Party (NPP), Richard Ahiagbah, has urged Ghanaians to assist the Akufo-Addo-Bawumia government in working effectively as inflation has reduced. According to the Consumer Price Index (CPI) data released on Wednesday, January 10, food inflation stood at 28.7 percent, and non-food inflation was recorded at 18.7 percent. Inflation […] The post Inflation
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