Browsing: Economy and Finance

According to Finance Minister, although the economy is in difficulties now, he believes the it is heading in the right direction, and therefore government will find alternative ways of refinancing the country’s debt.

Year on year inflation is expected to worsen further in the coming months in the wake of the decision by the Public Utility Regulation Commission to hike tariffs of electricity and water as well as increase in transport fares by the transport operators in the country.

Sadly, these contrived and concocted narratives led by no less a person than the Vice President, Dr. Mahamadu Bawumia against the person of former President Mahama was therefore as needless as they are mischievous and propaganda-laden.

Ghana would have lost a colossal US$565 million, if the deal had gone through in the form and shape it was presented by the GNPC last year.

The effects of the transition, ranging from revenue losses, under investment in hydrocarbons and the huge cost of adjustment, will only deepen the already existing schism and further ensure that Africa is left behind the rest of the world.

The firms; Fan Milk, GOIL, ESLA PLC and SIC Insurance have between May 13th to June 15th, 2022 for the submissions of their unaudited financial statements.

Adnan Adams Mohammed The Securities and Exchange Commission (SEC) has begun working with the Ministry of Finance (MoF) regarding the…

Although the expected growth of 5.2% is the lowest among other economic researchers, the World Bank has projected a growth of 5.5% for 2022. Also, the parent company of Stanbic Bank, Standard Bank has predicted an economic growth rate of about 6.2% in 2022 and 6.8% in 2023 amidst tough times for the Ghanaian economy.

In this vein, we call on the Akufo-Addo government to address the numerous challenges being faced by the workers of Ghana, and, in particular, to ensure that the hardships imposed on all by the incompetence of the government, are ameliorated by prudent measures designed to lessen the cost of living.

Cumulatively, the number of jobs advertised in the first two months of 2022 decreased by 4.4 percent to 5,370 from 5,618 recorded in the corresponding period of 2021. The year-on-year decline in the number of jobs advertised reflected some of the difficulties faced by businesses as a result of the coronavirus pandemic.