Ghana’s far-reaching digitisation programme and its implications for businesses operating across the economic sectors will be explored in a forthcoming report by the global research and advisory company Oxford Business Group (OBG). The Report: Ghana 2023 will shine a spotlight on the wide-ranging tax reforms under way, which form a key part of broader efforts […] The post Oxford
Economist, Professor Peter Quartey has called on the government to find alternatives to the Planting for Food and Jobs (PFJ) market to deal with the rising food inflation. According to him, the PFJ market set up at the Ministry of Agriculture’s premises has failed to deal with the high cost of food items. Data from […] The post Food inflation: Find alternatives
The Director of Research at the Bank of Ghana, Dr. Philip Abradu-Otoo says recent downgrades of Ghana’s creditworthiness compounded the woes of the Ghanaian economy. Speaking on the Point of View on Citi TV, Mr. Abradu-Otoo said major investors reacted to such ratings and exited the Ghanaian market with their monies. “At the beginning of […] The post BoG
The Director of Research at the Bank of Ghana, Dr. Philip Abradu-Otoo says recent downgrades of Ghana’s creditworthiness compounded the woes of the Ghanaian economy. Speaking on the Point of View on Citi TV, Mr. Abradu-Otoo said major investors reacted to such ratings and exited the Ghanaian market with their monies. “At the beginning of […] The post BoG
As part of the overall strategy to prevent accidents, especially during this festive season and beyond, the Police have introduced an initiative to check the insecure loading of vehicles across the country. The initiative, dubbed Operation PAILES (POLICE ANTI-INSECURE LOADING ENFORCEMENT STRATEGY ) is aimed at ensuring that cargo carting trucks do not take goods […] The post Police
President Nana Addo Dankwa Akufo Akufo-Addo has urged African leaders to formulate programmes and policies aimed at improving the lives of its citizenry. Speaking at the ongoing US-Africa Summit in Washington, Akufo-Addo said, with quality leadership, Africa will develop. He added that African leaders must end the numerous talk shops and put their ideas into […] The post Enough
Director of Research at the Bank of Ghana (BoG), Dr. Philip Abradu-Otoo, says Ghana’s inflation-targeting framework is forward-looking. Ghana’s inflation rate increased to 50.3% in November as against 40.4% recorded in October 2022. This was captured in the Consumer Price Index (CP1) data released by the Ghana Statistical Service (GSS) on Wednesday. Speaking on the […] The post Ghana’s
The Executive Secretary of Chamber Of Petroleum Consumers (COPEC), Duncan Amoah has entreated commercial transport operators to show a sign of good faith by reducing transport fares following recent reduction in fuel prices. Mr. Amoah said fuel prices are likely to reduce to GH¢15.00, when the first window opens on December 16, 2022. He said […] The post No excuses, transport
The Director of Research at the Bank of Ghana, Dr. Philip Abradu-Otoo, has reasons for the upturn in the cedi’s fortunes after over ten months of recording drastic depreciation. He attributed the recent respite to a number of measures put in place by the central bank, the government, as well as the recently announced International […] The post Monetary
Kofi Adams, a member of the Electoral Committee organising the National Democratic Congress’ 2022 National Congress, is not worried over the stature of persons contesting the party’s national chairman position. According to him, it shows that the party has competent people to steer its affairs for election 2024 victory. “We don’t allow ordinary people to […] The post Kofi
Economist, Prof. Peter Quartey is hopeful that the Ghana Cedi will strengthen further against the major foreign currencies. According to Prof. Quartey, this is highly probable because of government’s intervention that has yielded the recent stability of the Cedi. He predicts the economy will soon witness a positive outlook given the measures instituted by the […] The post Cedi
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