Fred Avornyo

217 Articles

Protest Against Ag CEO of VRA Intensifies Over Privatisation Concerns

VRA workers demand the removal of acting CEO Ing. Edward Obeng Kenzo, fearing his leadership will lead to privatization through…

2 Min Read

MoMo Loans: Over 100% Interest Turns Lifeline into Trap for Micro Enterprises. Is the Regulator Watching?

MoMo loans with over 100% annual interest are suffocating micro enterprises, turning a potential lifeline into a financial burden for…

3 Min Read

Ghana had only 68k Credit Cards by end of December

Ghana had only 68,000 credit cards by December 2024, with debit cards dominating, while mobile money usage continues to surpass…

3 Min Read

Interest Rates Fall as Government Returns Nearly GH¢3B After T-Bills Oversubscription

Interest rates on T-bills drop as government returns nearly GH¢3 billion after oversubscription, signaling prudent economic management and boosting investor…

2 Min Read

Inflation Could Drop Significantly if Government Prioritizes Agriculture, Data Shows

Boosting local agriculture could significantly reduce Ghana's inflation, as high food prices drive inflation, according to Ghana Statistical Service data.

3 Min Read

Kumasi Needs New Airport for Viable International Operations – Aviation Experts

Aviation experts warn Kumasi’s airport lacks a viable runway for profitable international flights, urging a new location for commercial sustainability

4 Min Read

Business Community Awaits New BoG Governor’s Stance on Inflation Targeting Strategy

The business community watches BoG Governor Dr. Asiamah’s stance on interest rates, inflation targeting, and potential policy shifts amid ongoing…

3 Min Read

BoG Resumes Dollar support for the Market as MPC concludes its Meeting

The Bank of Ghana resumed dollar sales to stabilize the cedi as the Monetary Policy Committee concludes its meeting without…

2 Min Read

Insisting on Party Loyalty in Appointments Sets the Country Up for Failure

Insisting on party loyalty in appointments over competence undermines Ghana's progress, perpetuating mediocrity and hindering national development and effective governance.

8 Min Read

Ghana Can’t Produce Enough Palm Oil to Feed its Industries

Ghana relies on imported palm oil, causing price hikes and job losses due to cedi depreciation, import restrictions, and limited…

2 Min Read

MPC Meeting Begins Amid Expectations for Unchanged Policy Rate

The MPC is expected to maintain the policy rate at 27% amid rising inflation and cedi depreciation, as Governor Addison…

3 Min Read

Cedi Crying for Attention as Dollar Demand Surges

The cedi faces renewed depreciation due to surging dollar demand, prompting calls for swift government action to stabilize the currency…

3 Min Read

Achieving 18% Tax-to-GDP Target: ‘Show Working’ Key to Ensuring Compliance

Achieving Ghana's 18% Tax-to-GDP target requires tax compliance, efficient administration, and transparent use of public funds to build citizen trust…

3 Min Read

Economist Urges Government to Tap Into Natural Resources, Reduce Borrowing

Economist Dr. John Kwakye urges Ghana to leverage natural resources, to boost revenue, reduce borrowing, amid oil revival plan, move…

6 Min Read

Gov’t to Consider Re-engaging Key Oil Companies to Boost Revenue

Ghana can boost revenue and address financial challenges by re-engaging oil companies, revitalizing the sector to support key policies, reduce…

3 Min Read