Fred Avornyo
Covid and E-Levy Account for Less Than 3% of Domestic Revenue, Debate on Scrapping Intensifies
The Covid and E-Levy contribute less than 3% of Ghana’s domestic revenue, sparking debate on whether scrapping them would significantly…
Economists Urge Ghana to Increase Ownership in Key Sectors to Curb Cedi Depreciation
Economists urge increased Ghanaian ownership in key sectors like extractives, telecoms, and banking to curb cedi depreciation and boost job…
Banking Cleanup Decimated Local Ownership – Calls Grow for Revival of Indigenous Banks
Economist Dr. John Kwakye and experts urge the incoming government to revive collapsed indigenous banks, citing improved management, governance, and…
No BoG Dollar Support This Week, But Cedi Remains Stable
The Bank of Ghana halted dollar injections, yet the cedi remains stable, but concerns about depleting reserves and future exchange…
Cocoa Harvest Revision Puts Pressure on Ghana Cedi, Expert Warns of Future Depreciation
Finance Expert warns of further cedi depreciation as Ghana revises its 2024-25 cocoa harvest forecast down 5%, citing adverse weather…
Focus on Cedi’s Performance as Year-End Approaches
The cedi remains stable despite daily dollar injections from the Bank of Ghana, with economists warning of sustainability concerns and…
Outgoing Government Faces Potential Payment Delays in Early 2025 Amid Budget Impasse
Ghana's outgoing government faces a potential payment delay in early 2025 due to failing to present a mini budget, with…
Countdown to Shutdown: Ghana Awaits Mini Budget as Deadline Looms
Ghana's government faces a potential shutdown if Finance Minister Dr. Mohammed Amin Adam, or his representative, fails to present a…
IMF Vague on Potential Programme Review Under Mahama’s Presidency
The IMF remains non-committal on a potential review of its Ghana programme under President-elect John Mahama, focusing instead on restoring…
BoG Injects Over $100M, but Cedi Stays Stable Despite Efforts
Despite over $100 million in injections by the BoG, the cedi's value remained stable, sparking concerns about the currency's future…
Cedi Struggles on Monday, Fueling Concerns Over End of Recent Gains
The cedi's recent gains against the dollar stalled on December 16, raising concerns of a possible end to its appreciation,…
Cocoa Price Hits Almost $12,000 a Tonne But Ghana May Not Benefit from the Windfall
Cocoa prices hit nearly $12,000 per tonne due to supply shortages in West Africa, impacting chocolatiers and Ghana's struggling cocoa…
Revive Viable Collapsed Financial Institutions, Convert Part of Customers’ Funds into Equity – Former NPRA Boss
Dr. Daniel Seddoh urges the incoming government to revive viable collapsed financial institutions and convert part of customers' locked-up funds…
Ghana’s Cocoa Industry Faces Shift as Foreign Exporters Fill Funding Gap, Marginalizing Local Buyers
Ghana's cocoa regulator, Cocobod, is increasingly dependent on foreign exporters for financing, sidelining local buyers and raising concerns over long-term…
Bank of Ghana Injects Over $840M in a Month to Stabilize Cedi
The Bank of Ghana injected $840M in one month to stabilize the cedi, raising concerns about sustainability amid rising dollar…