History Shows Ghana Cedi’s Fall May Extend Even After Rate Hike
Ghana’s currency has dropped for 15 straight weeks and the depreciation may extend, if history is any guide. The cedi has weakened 36.3% this year making it the world’s worst-performing…
Study recommends harmonization of mental health treatments
Stakeholders in the mental health sub-sector have been encouraged to intensify discussions to agree on the urgent need for harmonized treatment approaches in Mental Health conditions. The recommendation is intended…
Fleecing Fisher Folks for Personal Gains; How Non-Fishermen are Cashing in on Premix Fuel in Oti Region
Fisher folks in the Krachi West and East Municipal Assemblies in the Oti Region are being denied access to Premix fuel by faceless individuals who have hijacked the Premix Fuel…
WFP: First Ukrainian humanitarian grain shipment leaves for Horn of Africa
The first vessel transporting Ukrainian wheat grain to support humanitarian operations run by the World Food Programme (WFP) has left the port of Yuzhny, also known as Pivdennyi, the UN…
BoG announces emergency MPC meeting over recent economic woes
The Bank of Ghana is convening an emergency Monetary Policy Committee meeting on Wednesday, August 17, 2022, over recent challenges faced by the Ghanaian economy. The meeting according to the…
Utility tariff increment will only exacerbate current high cost of living – Minority
The Minority in Parliament says the increase in utility tariffs by the Public Utilities Regulatory Commission (PURC) will only exacerbate the current high cost of living. This comes after the…
Current economic situation one of the toughest I’ve experienced since 1981 – Joe Jackson
Director of Operations at Dalex Finance, Joe Jackson, has described the current economic downturn as one of the toughest he has experienced since 1981. According to him, there is no…
Government urged to work with stakeholders to stabilize cedi
Madam Monica Josiah, Head of Shippers’ Services and Trade Facilitation at the Ghana Shippers Authority (GSA), has called on the government to work in collaboration with stakeholders to redeem the…
Reduce size of gov’t, fight corruption – Bokpin tells gov’t amid downgrades
Economist, Professor Godfred Bokpin, has urged President Nana Addo Dankwa Akufo-Addo to reduce the size of his government and check corruption. He says this is the surest way to check…
Fitch downgrades Ghana to ‘CCC’ days after poor S&P grading
Rating agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘CCC’ from ‘B-‘. The downgrade, it said, reflects the deterioration of Ghana’s public finances, which has…
