BoG report: Since January, the Cedi has dropped by 25.8% vs the US dollar.
According to the Bank of Ghana (BoG), the value of the native currency, the Cedi, had decreased by around 25.8% in relation to the US dollar as of November 2024.…
The Tamale Metropolitan Assembly allocated GH¢400,000 for the Tamale Youth Home’s rehabilitation
The efforts of the Tamale Metropolitan Assembly (TMA), led by Mayor Sule Salifu, in revitalizing the Tamale Youth Home facility through the Social Cohesion (SOCO) project are commendable. The allocation…
Minority: Ofori-Atta has ruined the economy
Ghana’s economy has been wrecked, according to Dr. Cassiel Ato Forson, the Minority Leader in Parliament, by Finance Minister Ken Ofori-Atta. He claimed that the people will have to pay…
After the budget was presented, the Finance Minister received a “hero’s welcome” from Ministry employees.
On Wednesday, November 15, 2023, the Finance Minister Ken Ofori-Atta delivered the 2024 budget declaration to Parliament. The Ministry’s employees greeted him with a hero’s welcome. Ghana’s economy under the…
The upcoming 2024 budget aims to address the requirements of the Ghanaian populace, assures Palgrave.
The 2024 budget statement would take into consideration the needs of Ghanaians, according to Palgrave Boakye-Danquah, the government’s spokeswoman on governance and security. He added that it will provide an…
The 23% salary increase was granted by the government after taking into account the present economic conditions, says the Labour Minister.
Ignatius Baffuor Awuah, the Minister of Employment and Labour Relations, emphasized that the decision to approve a 23% salary increase took into account the prevailing economic circumstances within the nation.…
“John Mahama’s campaign promise of a ’24-hour economy’ is revolutionary”-Economist
Dr. Sa-ad Iddrisu, in a statement released on November 8th, has expressed that the “24-hour economy” promise made by Former President Mahama during his address to the Trade Union Congress…
Financial literacy from the Bank of Ghana: Be cautious while taking out loans to guarantee them.
As part of its financial literacy campaign on loan guarantees, the Bank of Ghana (BoG) is advising people to proceed with extreme caution before taking on that responsibility. The BoG…
Budget for 2024: Reintroduce road tolls (ISSER) to the government; freeze new tax breaks for overseas corporations
The Institute of Statistical, Social, and Economic Research (ISSER) is advocating for a moratorium on the granting of new tax breaks to overseas businesses. ISSER also recommended reviewing the tax…
Trade Minister: No nation has changed its economy without drastically altering its industrial base.
The private sector’s failure to establish itself as a champion of Ghana’s economic progress has been highlighted by Minister of Trade and Industry, Mr. KT Hammond. In this regard, he…
