The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has raised the Monetary Policy Rate by 300 basis points from 19 percent to 22 percent. Last change in
Cedi Depreciates To Almost GH¢10
CHECKS WITH some banks indicate that whilst some banks are quoting GH¢9.95 to the dollar, others are selling a dollar for GH¢9.90. However, the situation is worse at the forex
Project Management Professionals Urged To Embrace ‘Agile’ Methodologies
William Tetteh THE CHIEF Capital Projects Officer (CCPO) of MTN Ghana, William Tetteh, has called on Project Management professionals to embrace Agile project management methodologies in their work. He said
Improve Fiscal Consolidation For Economic Gains – IFS
Dr. Said Boakye THE INSTITUTE of Fiscal Studies (IFS) has called on the government to implement fiscal consolidation strategies which will help the country turn around its economic woes. Speaking
Producer Price Inflation Hits 41.2 %
Prof. Samuel Kobina Annin The Producer Price Inflation rate for July 2022 has recorded 41.2 per cent. According to the Ghana Statistical Service (GSS), the rate indicates that between July
Assets Of Failed Microfinance, Savings & Loans Companies Missing– BoG
Dr. Ernest Addison The Bank of Ghana (BoG) says it cannot locate assets declared by defunct Microfinance Finance Companies (MFCs) and Savings and Loans and Finance House Companies (S&Ls). According
BoG Holds Emergency Meeting Today
Dr. Ernest Addison THE BANK of Ghana will this morning hold an emergency to review developments in the economy over the past month, a release it issued has stated. Though
betPawa set up Responsible Gaming Call Center for Gaming Commission
Leading online betting and gaming company betPawa have provided IT equipment to the Gaming Commission of Ghana for the creation of a Responsible Gaming Call Center at the Commission. The
Ghana’s S&P, Fitch Ratings Unjustifiable – APRM
Ken Ofori-Atta The African Peer Review Mechanism (APRM) has described the recent downgrade of the country’s economy by ratings agencies S&P and Fitch, as unjustified. According to APRM the recent
Robust Export Sector Needed To Redeem Cedi
Monica Josiah (middle) in a group photograph with the participants Head of Shippers’ Services and Trade Facilitation at the Ghana Shippers’ Authority (GSA), Monica Josiah, has noted that it would
Fidelity Bank Opens New Branch At Kaneshie
Atta Gyan, assisted by Lydia Quaye, cutting the ribbon FIDELITY BANK Ghana has opened a plush new branch within the commercial business district of Kaneshie in Accra. The move forms
PURC Announces New Tariffs Electricity Goes Up 27.15%, Water 21.55%
Dr. Ishmael Ackah The Public Utilities Regulatory Commission (PURC) has announced increase in utilities tariffs effective September 1, 2022. The utilities regulatory body has increased tariffs by 27.15 percent for
‘Tariff Adjustment Would Be Business Friendly’
Dr. Ishmael Ackah The Public Utilities Regulatory Commission (PURC) has indicated that should there be a tariff adjustment, it would be “business-friendly, especially for Small Medium Scale Enterprises (SMEs).” Executive