Economist and Director of Operations at Dalex Finance Joe Jackson has rejected finance minister Ken Ofori-Atta's assessment of Ghana's economy as improving.
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Ghana’s debt crisis could mirror Greek scenario, expert says it will be long and difficult
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Airports Company laments lack of funds to develop airports, worried passenger service charge too small
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Individual bondholders lament uncertainties; say they cannot survive if they are included in Domestic Debt Exchange programme
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“Ghana’s 2023 economic outlook is grim”: Analyst warns against high expectations
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Ghana concludes deal for start of gold-for-oil policy, according to Bawumia
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China Mall: Ghana Revenue Authority clamps down on shopping centre for failing to fix electronic VAT system
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Economic Crisis: World Bank classifies Ghana as high debt distressed country; projected debt to GDP to hit 104 percent
Ghana has been classified as high debt distressed country by the World Bank. The Bretton Woods Institution also projected that the debt to GDP will hit 104%.
Cocoa sector: Illegal mining has affected only 2% of farmland – Agric Minister
The Agric Minister, Dr Owusu Afriyie Akoto, says only 2% of Ghana's cocoa farmlands have been ravaged by the activities of illegal mining menace in the country.
Cocoa: EU rep insists there will be no ban on cash crop despite ravaging effects of illegal mining
The European Union has assured the Ghanaian government that there will be no ban on the country's cocoa since it remains among some of the best in the world.
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Bloomberg ranks Ghana's cedi second-worst performing currency in the world; worst on African continent
Ghana's cedi has lost 40% of its value to the US dollar. According to Bloomberg, this makes the local currency the second-worst performing currency worldwide.
Economic Challenges: CEO of FC Beauty Group says she has closed down 80% of her businesses; laid off 70% of her staff
Grace Amey-Obeng, the CEO of FC Beauty, says she has to shut down 80% of her businesses and cut her staff strength by 70% as a result of economic challenges.
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Dr Ato Forson cautions government against rushing through IMF negotiation; says any deal before 2023 budget will be disastrous
The MP for Ajumako-Enyan-Essiam, Dr Cassiel Ato Forson, has cautioned the Akufo-Addo-led government against fast-tracking the negotiations for an IMF deal.
Economic Crisis: Finance Minister Ken Ofori-Atta banks hope on miracle to revive Ghanaian economy
The Finance Minister, Ken Ofori-Atta, says a miracle will help turn the country's economy around. According to him, that will help address the current crisis.
It’s painful to report on Ghana’s struggling economy – Ofori-Atta
In an unexpected turn of events, Ghana's finance minister Ken Ofori-Atta has said country's economy is posting its worst performance ever since August of 2001.
Economic Crisis: Finance Minister Ken Ofori-Atta upbeat about prospects; says economy is bouncing back
Ken Ofori-Atta has expressed confidence in Ghana's economy, bouncing back from the earlier challenges. According to him, the gains being made are remarkable.
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