Fred Avornyo
Gov’t borrows less but hiked interest rates to secure a marginal T-bills over-subscription
Government met its treasury target with a 3% over-subscription, raising GH¢ 4.19 billion but hiked interest rates across all instruments…
Government’s Rush to Reopen Schools Sparks Chaos as Parents Scramble with No Results or Placements
Government’s abrupt school reopening gives parents less than 10 days to prepare, despite incomplete results and no school placements, causing…
Twin Threats Loom Over Ghana’s Cocoa Sector: Metal Residue Contamination and EU Deforestation Regulation
Ghana's cocoa sector faces risks from metal contamination due to illegal mining and the EU's deforestation regulation, but a global…
Cocoa Beans Sell Nearly 100% Higher in Togo, Fueling Smuggling from Ghana
Togo's higher cocoa prices, nearly double Ghana's, have sparked rampant smuggling, with Ghana losing 120,000 tons of cocoa between 2022…
Some Forex Bureaux Sell Dollar at GH¢16.78, as Demand for the US Currency Worsens Cedi Depreciation
The US dollar hit 16.78 in Accra as demand surges, worsening cedi depreciation and sparking inflation concerns ahead of the…
Government Exceeds T-bills Target After Period of Undersubscription
Government exceeded its borrowing target by 1.07%, securing GH¢4.6 billion after increasing interest rates, while setting lower targets.
Ghana Faces Increased Dollar Demand Amid Rising Crude Oil Prices
Ghana's rising crude oil prices increase dollar demand for imports, risking further Cedi depreciation. Analysts urge the Central Bank to…
Buy LPG This Weekend to Avoid a 6% Price Hike
LPG prices may rise by 6% due to global factors and a weak cedi, prompting consumers to fill their cylinders…
Agric Minister Falls into Inflation Trap, Shows Little Appreciation of Data from Ghana Statistical Service
Agric Minister Bryan Acheampong questioned GSS food inflation data, overlooking key month-on-month figures showing slight price drops but overall inflation…
TUC’s New Secretary General Joshua Ansah Faces Uphill Battle to Restore Public and Labour Confidence
New GTUC Secretary General Joshua Ansah faces public criticism over suspended strike and must work hard to rebuild trust in…
Many Change Foreign Currency Without Biometric Verification, 3 Months After BoG Directive
Despite a Bank of Ghana directive requiring biometric verification for foreign exchange, many continue transactions without compliance.
Galamsey: Foreign Buyers Safeguard Their Consumers from Toxic Farm Produce, While People Living in Ghana Are Left Unprotected
Foreign buyers enforce strict safety measures for produce potentially contaminated by illegal mining, while Ghanaians lack protection, risking exposure to…
Treasury Bill Patronage Plummets as Interest Rates Drop
Treasury bill patronage drops significantly as interest rates decrease unexpectedly. Government faces challenges in meeting funding needs.
Travel Chaos in the Middle East Amid Rising Tensions
Rising Middle East tensions are disrupting air travel, leading to flight cancellations, delays, and higher costs, affecting Ghanaians traveling to…
Inflation Surges to 21.5% Days After MPC Cuts Policy Rate – Was the Forecast Off?
Inflation surged to 21.5% just days after the Bank of Ghana cut the policy rate, raising concerns about the accuracy…