Sovereign debt default is “a real possibility” for Ghana, and any kind of domestic debt restructuring could severely threaten the local banking sector, a senior director from the ratings agency …
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Ghana, Finland sign framework agreement
Ghana and Finland have signed a framework agreement on projects to be funded under Finland’s Public Sector Investment Facility (PIF) Scheme. The agreement was signed on Monday on the margins …
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Ghana’s consumer inflation reached nearly 34% in August, the highest since 2001, despite a historic rate increase by the central bank.Consumer inflation in the West African country climbed to 33.9% …
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Ghana ranked 4th in Sub-Saharan Africa with highest private savings
Ghana has been ranked fourth in Sub-Saharan Africa (SSA) with the highest private savings, a report by the International Monetary Fund on “Private Savings and COVID-19 in Sub-Saharan Africa’ by …
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6,856 companies, individuals owe ¢111.6m in corporate and income taxes in Ghana
The 2021 Auditor General’s Report has identified 6,856 companies, business entities and individuals owing an amount of ¢111.652 million in corporate and individual income taxes for 2019, 2020 and 2021 …
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The Managing Director of the International Monetary Fund, Kristalina Georgieva, has stated that a US$3 billion deal between Ghana and the IMF should be reached and finalised before the end …
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Akufo-Addo approves inclusion of nuclear technology in Ghana’s energy mix
President Nana Addo Dankwa Akufo-Addo has approved the inclusion of nuclear technology into Ghana’s power generation mix. The move, according to him, is in consonance with the global collective commitment …
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Ghana Standards Authority labels report that Suzuki S-Presso is unsafe false
The Ghana Standards Authority (GSA) has described false the reports that the Suzuki S-Presso vehicle model marketed by CFAO Ghana is not safe for use. In a viral video on …
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Ghana-India trade on the path to recovery after Covid-19 slowdown
Trade between Ghana and India is on the path of recovery after plummeting in 2020 as a result of the COVID-19 pandemic. After dropping by nearly a half from the …
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Ghanaian SMEs export Hausa Koko, coconut to Germany
Some young entrepreneurs have started exporting made-in-Ghana products, including millet mix for porridge (Hausa koko) and coconut to Germany. This was made known as 60 Small and Medium Enterprises (SMEs) …