Ghana’s Heavy Debt Burden: Nearly Half of Revenue Spent on Servicing Debt in 5 Years
Between 2017 and 2022, Ghana spent a staggering 42% of its revenue on debt servicing, according to the 2024 United...
BUSINESS
Former Finance Minister Seth Terkper Advocates for National Dialogue on IMF Loans and Economic Revival
Former Finance Minister Seth Terkper has thrown his weight behind the incoming Mahama administration’s initiative to convene a national dialogue...
Kosmos Energy Terminates Merger Talks with Tullow Oil
Kosmos Energy Ltd. has officially confirmed that it has ended its preliminary discussions regarding a potential acquisition of Tullow Oil...
Over 500,000 Businesses and 5,000 Companies Face Delisting by December End — Registrar of Companies
The Office of the Registrar of Companies (ORC) has issued a warning that over 500,000 business names and...
Cedi Strengthens at Forex Bureaus
Ghana's local currency, the cedi, has shown significant improvement against major foreign currencies, particularly the US dollar, at several...
CBG Strengthens Support for SMEs — Leads Trade Mission to China
Emmanuel Nikoi, the Director of Retail and Business Banking at Consolidated Bank Ghana (CBG), has reiterated the bank’s strong commitment...
Ghana Losing Billions Annually Due to Illicit Financial Flows, Says Economist
Journalists in Ghana have been urged to take the lead in advocacy efforts and citizen mobilisation to combat Illicit Financial...
Ghana Ranks Fifth in Africa for Central Bank Gold Reserves
Ghana has secured its position as the fifth-largest holder of central bank gold reserves in Africa, according to data from...
Mahama Outlines His Plans to Stabilize Ghana’s Economy
President-Elect John Dramani Mahama has unveiled his strategy for stabilizing Ghana's economy, highlighting the necessity of macroeconomic stability and debt...
December 13: Cedi Exchange Rate Reaches GHS15.28 to $1, GHS14.74 on BoG Interbank Market
As of Friday, December 13, 2024, the Ghanaian Cedi has continued its upward movement against the United States Dollar, appreciating...
