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
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AfricaAFRICA NEWSEconomyGhanaNews
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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AfricaAFRICA NEWSEconomyGhanaNewsWestern Africa
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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AfricaAFRICA NEWSBusinessEnergyGhanaNewsTechnologyWestern Africa
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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AfricaAFRICA NEWSBusinessGhanaNewsTechnologyTransportation & Logisitics
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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AfricaAFRICA NEWSBusinessCOVID-19EconomyGhanaNewsWestern Africa
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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AfricaAFRICA NEWSBusinessEconomyEntrepreneurshipGhanaNewsWestern Africa
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) …
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AfricaAFRICA NEWSBusinessEconomyGhanaNewsNigeriaWestern Africa
Yields on Ghana’s bonds to surge, highest among emerging economies
Yields on Government of Ghana bonds are expected to surge further as investors perceive the fiscal state of the Ghanaian economy as risky. According to Bloomberg, investors are demanding a …
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AfricaAFRICA NEWSBusinessGhanaNewsWestern Africa
Ghana dollar auction: demand exceeds supply by $84.5M
Demand for dollars by dealers outstripped supply by $84.5 million, latest data from the Bank of Ghana has revealed. This is a reduction of the $105.25 million recorded during the …