Majority Caucus in Parliament is calling on President Nana Addo Dankwa Akufo-Addo to sack all the ministers at the Ministry of Finance with immeidate effect. They want Finance Minister, Ken Ofori-Atta and the Minister of State at the Finance Ministry, … Read more →
Interest rates inched up to 33% to reflect surging inflation and the rapid depreciation of the cedi. The increase in interest rates is however lower than the current inflation of 37.2% and the rate of cedi depreciation which is more … Read more →
Last week, the Ghana Private Road Transport Union (GPRTU) was preparing to come out with new rates. This was a result of what they said is the increasing fuel prices amid its attendant hardship suffered in the current economic downturn. … Read more →
Former President John Dramani Mahama will this Thursday, October 27, 2022, be speaking on the current economic situation of the country. This was disclosed by the Communications Officer of the National Democratic Congress (NDC), Sammy Gyamfi via Twitter. The address … Read more →
Ghanaian businessman and chancellor of the University of Cape Coast, Sam Jonah, has advised President Akufo-Addo to begin solving Ghana’s economic crises by tackling the importation of foreign goods. Speaking at the 60th anniversary of the University of Cape Coast … Read more →
Global leader in financial services and US firm, JP Morgan has warned that the probable debt restructuring of Ghana’s debt would further weaken the Ghana cedi, even if an increase in Foreign Exchange Forward Auction sizes or reversal of the … Read more →
Two major world cocoa producers, Ivory Coast and Ghana have boycotted World Cocoa Foundation (WCF) meeting in Belgium over pricing. The industry meeting to be held in Brussels scheduled for this week would not see representatives of the two world … Read more →
The Sekondi-Takoradi Metropolitan Assembly (STMA) has between January and August this year raised GHC9.345 million in Internally Generated funds. The amount represented 62.8 per cent of a projected internally generated revenue of GHC14.874 million. Mr Abdul Mumin Issah, Metropolitan Chief … Read more →
A fire outbreak at railways in Sekondi, in the Sekondi-Takoradi Metropolis, notoriously known to be a hub for prostitutes and criminals, has rendered hundreds homeless and destroyed valuable properties The fire started in the early hours of Sunday afternoon, October … Read more →