BUSINESS IMF focused on stabilising economy, protecting vulnerable – Mission Chief 10th October 2022 Kumasi Online The government and the International Monetary Fund (IMF) have concluded the first round of negotiations aimed at sealing a fund-assisted programme to stabilise the economy, re-anchor growth and protect the…
BUSINESS Kyerematen calls for logistical support for successful AfCFTA implementation 10th October 2022 Kumasi Online Accra, Oct 10, GNA – Mr Alan Kyerematen, Minister of Trade and Industry, has called on African countries to put up institutional and logistical frameworks to optimise benefits of implementing…
BUSINESS GEPA tasks MMDAs to identify key export products for development 9th October 2022 Kumasi Online Jirapa, (UWR), Oct. 09, GNA – The Ghana Export Promotion Authority (GEPA) has appealed to Metropolitan, Municipal and District Assemblies (MMDAs) to take active interest in the export development processes…
BUSINESS Moody’s and Fitch: Ghana’s big tormenters 8th October 2022 Kumasi Online Ken Ofori-Atta — Finance Minister International rating firm, Moody’s Investors Service, has downgraded Ghana’s long-term issuer and unsecured debt rating to Caa2 from Caa1 and placed the ratings on review…
BUSINESS Ghana’s debt stock up ¢9bn to ¢402.4bn in July 2022 – BoG 7th October 2022 Kumasi Online Ghana’s public debt stock went up by ¢9 billion in July 2022 to ¢402.4 billion, the October 2022 Bank of Ghana Summary of Economic and Financial Data has revealed. This…
BUSINESS Link between raw materials, industrial pursuit must be established — NDPC 5th October 2022 Kumasi Online Worawora (O/R), Oct. 05, GNA – Dr Kodjo Esseim Mensah-Abrampa, Director General of the National Development Planning Commission (NDPC), has underscored the need to expand like between the country’s raw…
BUSINESS World Bank cuts Ghana’s growth rate to 3.5% in 2022 5th October 2022 Kumasi Online Growth in Ghana is expected to slow in 2022 to 3.5%, far below the country’s average pre-pandemic performance of 7%, the World Bank has pointed out in its October 2022…
BUSINESS COCOBOD secures US$1.13bn to purchase cocoa 3rd October 2022 Kumasi Online The Ghana Cocoa Board (COCOBOD) has secured US$1.13 billion from a consortium of international banks and financial institutions to purchase cocoa beans in the 2022/23 cocoa season. The board signed…
BUSINESS Ibrahim Mahama wins EMY Africa Man of The Year 3rd October 2022 Kumasi Online The Chief Executive Officer of Engineers & Planners Ghana Limited, Ibrahim Mahama has been conferred EMY AFRICA, Man of the Year at this year’s Exclusive Men Of the Year awards…
BUSINESS Cedi loses 40% value to dollar in nine months of 2022; places 147th position in world – Bloomberg 3rd October 2022 Kumasi Online The Ghana cedi lost 40.05% in value to the US dollar in nine months of 2022, ranking it as the second worst performing currency in the world in the 147th…