Yenze Ghana Mall, a groundbreaking business initiative by the Mastercard Foundation and the Ghana Enterprise Agency, is redefining retail in Ghana.
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- Inflation rate drops below 20%, hits lowest mark since 2022
- Akufo-Addo passes begging bowl to the IMF – Prof Hanke taunts Ghana again
- Bank of Ghana starts piloting e-cedi in Western North Region
- IMF says China could take over Ghana's mineral revenue and electricity sales over loans
- Economic Crisis: Dr Ato Forson paints gloomy image; says it will take 20 years for Akufo-Addo's mess to be cleaned
Economy Latest News
I have faith in God to improve Ghana's economic challenges – Akufo-Addo
Ghana's President Nana Akufo-Addo is banking his hopes on the power of God to improve the economic hardship with appropriate policies by his administration.
Cedi to dollar rate ‘breaks the 10’; forex bureaux selling $1 for GH¢10.11
The worst fears of Ghanaians about the precarious cedi-to-dollar exchange rate have been confirmed on Thursday, as $1 sells at forex bureaux for GH¢10.11..
July 2022 inflation rises to 31.7% - GSS data show rising price levels
Inflation for July 2022 has risen to 31.7%, according to the Ghana Statistical Service. This shows general price levels have consistently risen since January.
GT Bank sends confusing text messages to customers about ’20 and 50’ notes
One of the commercial banks in Ghana, GT Bank Ghana has caused a stir on social media with a text message that it will no longer accept 20 and 50 paper notes.
Ofori-Atta doubles bailout request from IMF from almost $1.5bn to $3bn
Finance Minister Ken Ofori-Atta has increased the amount he is requesting from IMF for balance of payment support for Ghana from $1.5 billion to $3 billion.
Ghana cedi has become a junk currency - US economist Steve Hanke jabs
US Economist Prof Steve Hanke has given a grim assessment of the local currency, describing the cedi as a central bank junk currency as depreciation persists.
Angry traders threaten to hit the streets over cedi's continuous fall to the dollar
A demonstration is brewing in Accra as thousands of traders raise concerns about continuous fall of the cedi against the dollar and other foreign currencies.
LPG marketers call off strike; gas filling stations open to the public with immediate effect
The association that represents marketers of liquefied petroleum gas has announced a decision to call off a strike they started on Monday, August 1, 2022..
PURC to increase water and electricity tariff from Sept 1
Utilities regulator, Public Utilities Regulatory Commission, is set to announce higher tariffs for water and electricity to take effect from September 1, 2022.
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