Inflation for March drops to 12.8%
The year on year inflation rate as measured by the Consumer Price Index, CPI, stood at 12.8 percent in March 2017, which is 0.4 percentage points down from the 13.2 percent recorded for February.... read more
CONFIRMED: Dr. Ernest Addison Is New BoG Governor
A lead economist at the African Development Bank Dr. Ernest Addison has been appointed as the new governor of Bank of Ghana. His appointment follows the decision of the current governor, Dr. Abdul... read more
IEA Applauds Gov’t For Adopting Recomendation To Establish Fiscal Council In ‘Asempa’ Budget
The Institute of Economic Affairs (IEA) has commended the Finance Minister, Ken Ofori-Atta and the Government of Ghana for their intention to establish a Fiscal Policy Council. The IEA noted that it... read more
Heartwarming! Bawumia Hugs Ken Ofori-Atta After Delivering 2017 Budget (PHOTOS)
Finance Minister, Ken Ofori Attah on Thursday present the maiden 2017 Budget, dubbed ‘Asempa Budget’ on the floor of Parliament. After his delivery, Vice President, Dr Mahamudu Bawumia was seen... read more
Budget Has Frightened NDC – Akoto-Osei
Minority Members in Parliament have been hit with excessive fear following the bold decisions that have been taken by the Akufo-Addo-led government in the maiden budget statement, Dr Anthony... read more
Ghana’s economy is bleeding seriously- Osafo Maafo
On a day he was named as senior minister pending his approval by Parliament, Yaw Osafo Maafo has said Ghana’s economic figures inherited from the previous government are not... read more
Ghana is best place to do business in W/A – WB report
The latest World Bank report indicates Ghana is the best place for doing business in West Africa, contradicting the position of the main opposition NPP that the economy is in crisis. The latest World... read more
Seth Terkper presses local investors to buy $100m bond
Information gathered by Citi Business News indicates that government has commenced meetings with local investors as it prepares to raise its first dollar denominated bond locally. The Finance... read more
No Cash For Salaries – Gov’t Diverts GH¢500m
The Government of Ghana does not have money to pay salaries of its workers across the country for September 2016; and has therefore, decided to use part of the budget already allocated to run some 23... read more
12.5% pay rise may not cover allowances – Economist
Labour Economist, Dr. Baah Baoteng, is skeptical about whether the 12.5 % increment in public sector workers’ salary will cover other allowances. Some labour groups have on several occasions... read more