Pressure is mounting on President Nana Akufo-Addo and his government to stop an ongoing agreement to lease the strategic Tema Oil Refinery to a private entity.
Pressure is mounting on President Nana Akufo-Addo and his government to stop an ongoing agreement to lease the strategic Tema Oil Refinery to a private entity.
John Hopkins University economics professor Steve Hanke has said Ghana is highly susceptible to a debt crisis in the coming days as cedi depreciation worsens.
Prof Hanke's proposal for Ghana to set up currency board has gotten the support of Dr John Kwakye of the IEA. He said Prof Hanke's proposal is worth considering
Information Minister, Kojo Oppong Nkrumah has revealed that cabinet, the Dr Bawumia-led EMT, banks and forex bureaus are set to meet over the cedi depreciation.
Nestlé Ghana will pay its permanent local employees a free one-off lump sum of GH¢7,500 in addition to their October salaries amid the country's economic gloom.
Ghanaians are in for a long bout of hardship as the depreciation of the cedi against the dollar has hiked the price of 50kg cement bag by up to 10% within weeks
The Government of Ghana and the International Monetary Fund (IMF) have agreed on a Staff-Level Agreement Programme to lift the country from its economic gloom.
Some pleasant news for Ghana's troubled economy as the ongoing bailout discussions with the International Monetary Fund (IMF) is seems to be progressing well.
Shops have been closed across Ghana due to the economic hardship under Nana Akufo-Addo. Members of GUTA say the cedi's fall against the dollar is killing them.
Ken Ofori-Atta has said he has already sent a letter to console dismissed UK Exchequer of Ghanaian heritage, Kwasi Kwarteng, noting that his sacking was painful
Economy
Load more