Category: Economy

The US-Africa Leaders Summit will begin on Tuesday, December 13, 2022, in Washington, D.C., with President Akufo-Addo and other African leaders serving as guests. The meeting will showcase America’s steadfast…

The cedi, the currency of Ghana, in the previous week, outperformed all other currencies against the dollar. The cedi, which had terrible performance in the previous months, has suddenly acquired strength…

According to Pressure Group, OccupyGhana, the government cannot unilaterally impose new terms on portfolio investors in accordance with the law or the Constitution. The pressure group claims that agreement amongst…

Members of Parliament (MPs) of the National Democratic Congress (NDC) have criticized the government’s plan to restructure the nation’s debts and have threatened to veto the agreement in Parliament. In…

The Government has reduced domestic bondholder interest payments to zero percent in 2023. The coupon payments will be semi-annual, and the interest rate has been set at 5% in 2024,…

The Government of Ghana’s long-term issuer ratings have been lowered by Moody’s to Ca from Caa2 or further junk status, and the outlook has been altered to stable. The review…

Beginning on December 1, 2022, MTN Ghana will start to completely disconnect all SIM cards that have finished Stage 1 (Linkage of Ghana Card ID to SIM Card) but have…

The “Galamsey economy,” the newest exposé by renowned investigative journalist Anas Aremeyaw Anas, has been met with accusations of extortion and blackmail against the author. After the undercover documentary that…

The government has lowered the Electronic Transfer Levy rate from 1.5% to 1%. This will enable more Ghanaians to use the service, the government has claimed. The daily transaction amount…

The government has lowered the 1.5% to 1% Electronic Transfer Levy rate. The government claims that more Ghanaians will be able to use the service as a result. The daily…

The lack of premix fuel at the numerous landing beaches along the coast means that the general population will have to get used to paying more for fish. This is…

Ghanaians have been urged by President Akufo-Addo to support his administration in order to end the current economic crisis. He claimed that his government is committed to improving the issue.…

The Bank of Ghana has stopped providing customers with foreign exchange assistance for the importation of some non-critical or necessary products. Joy Business is aware that the FX support for…

The minimum wage has been raised by the National Tripartite Committee (NTC) to GHC 14.88. This comes after negotiations to determine the National Daily Minimum Wage (NDMW) for 2023 came…

The Minority Leader, Haruna Iddrisu, has refuted claims that Russia’s assault on Ukraine is mostly to blame for Ghana’s current economic crisis. In his remarks before the Committee regarding the…

In efforts to ameliorate the suffering of Ghanaians as a result of the increasing food prices, the Ministry of Food and Agriculture (MOFA) has today, November 11, 20222 begun selling…

Prof. Godfred A. Bokpin, an economics instructor at the University of Ghana Business School, has said that the high inflation rate for October is not as surprising as many Ghanaians…

The next pricing window, which starts on November 16, 2022, may see another hike in the cost of petroleum goods, according to the Chamber of Petroleum Consumers Ghana (COPEC). The…

According to the Chamber of Petroleum Consumers (COPEC), fuel prices would probably decrease by Monday, November 14, 2022. Recently, the cost of fuel, particularly diesel and petrol, have increased. While petrol…

Family heads are starting to avoid the duty of paying for a casket when a relative passes away as costs for commodities continue to soar. They are currently looking into…