Fred Avornyo
‘Mutual Funds’ Flee Government Bonds, After Suffering Severe Haircut
Mutual funds are shifting away from government bonds after suffering significant losses in the debt restructuring programme, focusing on stable…
Charted Ethiopian Airline Lands at the Kumasi Prempeh I International Airport- Its First International Flight
Ethiopian Airlines' first international flight lands at Kumasi Prempeh I International Airport, marking a key step in boosting regional connectivity…
Why Inflation Feels Higher Than the Official Figures
Ghanaians feel inflation is higher than official figures due to regional and product-specific variations, with essentials experiencing much higher inflation…
Ghana Secures $1.9 Billion of IMF Bailout, $1.1 Billion Left Amid Persistent Economic Challenges
Ghana has secured $1.9 billion of its $3 billion IMF bailout, but economic challenges persist, with $1.1 billion remaining to…
Energy and Cocoa Sectors are Major Challenges to Ghana’s IMF Programme
Ghana's energy and cocoa sectors remain key challenges to its IMF programme, despite overall progress in meeting fiscal targets and…
Gatwick to Kumasi Direct Flight: A Charter, Not a Standard Route Service
The direct Gatwick-Kumasi flights are akin to chartered services, not regular routes. They are part of Ethiopian Airlines' test run…
Government Borrowing Costs Goes Up as 91-Day T-bill Interest Rates Climb by 240 Basis Points Since July
Government borrowing costs have surged, with 91-day T-bill rates rising 240 basis points since July, posing challenges to debt reduction…
Rasta Community and Others Ready to Launch Industrial Hemp Cultivation, but License Fees Delay Ghana’s Entry into $2.4 Billion Hemp Industry
Ghana's industrial hemp industry faces delays due to unresolved license fees, hindering its potential entry into the $2.4 billion African…
Monetary Policy Committee Begins Final Meeting of 2024 Amid Rising Treasury Bill Rates and Inflation
The Bank of Ghana's MPC meets to review economic developments amid rising inflation, Treasury bill rates, and forex interventions to…
Bui Power Runs 24/7 to Supplement Shortfalls, But Country Faces Ongoing Power Outages
Ghana faces ongoing power outages despite Bui Power running 24/7, as Sunon Asogli remains offline and gas supply disruptions worsen…
President Akufo-Addo Commissions Tema-Mpakadan Railway Line Amid Concerns Over Economic Viability
President Akufo-Addo commissioned the Tema-Mpakadan Railway Line, but concerns over its economic viability persist due to low traffic and limited…
BoG Intensifies Forex Market Intervention, Injects $40M as Cedi Strengthens
BoG injected $40M into the forex market, strengthening the cedi and reducing dollar rates, with further IMF support expected to…
Cedi Appreciating at the Interbank Rate but Stagnant at the Forex Bureaux
The cedi is appreciating at the interbank rate, but remains stagnant at forex bureaux, sparking concerns about the Bank of…
Missed AFCON Qualification: Ghana and Black Stars Lose Key Business Opportunities Amidst Fan Disillusionment and Economic Concerns
Ghana’s Black Stars fail to qualify for AFCON, losing business opportunities, facing fan disillusionment, and sparking economic concerns over the…
BoG Injects Nearly US$100 Million to Strengthen Cedi, Leading to Significant Gains
The Bank of Ghana injected nearly US$100 million into the market, strengthening the cedi, but concerns remain about sustaining gains…