Fred Avornyo
Months After Denying Exiting the Ghana Market, BoG Confirms Planned Sale of Société Générale’s stake in Ghana
Five months after denying its exit, BoG confirms Société Générale's planned sale of its Ghana stake, with bidders under review…
Gov’t Continues Borrowing Spree
The government borrowed GH¢19.5 billion in September, missing its GH¢24.3 billion target, amid rising debt levels and interest rates.
Interest Rates Rise, Yet Investors Reject Government’s Borrowing by GH¢2.7 Billion
Government missed borrowing target by GH¢2.7 billion despite increased interest rates, highlighting investor resistance to heavy borrowing amid rising debt…
‘Stop Galamsey’ Protest Moves to UN Headquarters in New York
Amid the ongoing United Nations General Assembly, a passionate group of Ghanaians gathered outside the UN Headquarters in New York…
Kasapreko Successfully Lists A GH¢200 Million Bond, the Second of Its GH¢600 Million Programme
Kasapreko has listed a GH¢200 million bond, part of a GH¢600 million programme, to fund expansion and strengthen its market…
MPC begins regular meeting today amidst high expectation of a drop in policy rate
The Bank of Ghana's MPC meets this week, with high expectations for a potential policy rate cut, though inflation and…
Former MPC Member Dr. Kwakye Wants Policy Rate Slashed to 27%
Dr. Kwakye advocates for a 200-basis-point policy rate cut to 27%, but rising borrowing, treasury bill rates, and election spending…
Investors Reject Government’s Increased Borrowing Request
Investors rejected Ghana's borrowing request, securing only 4.4 billion of the 5.88 billion sought, despite higher interest rates on treasury…
Ghana’s Efforts to Curb Cocoa Smuggling May Be Ineffective as Ivory Coast Plans Higher Prices
Ghana's efforts to curb cocoa smuggling may struggle as Ivory Coast plans to raise prices, potentially continuing cross-border smuggling despite…
Africa’s $90 Billion Plan to Electrify 300 Million People
Africa's $90 billion plan aims to provide electricity to 300 million people by 2030, boosting economic growth.
BoG Forecasting Team Makes Significant Progress After Technical Assistance-IMF
The IMF reports that the Bank of Ghana’s Forecasting Team has significantly improved forecasting capabilities through technical assistance, enhancing monetary…
ACEP Calls for Dismissal of Top Management of ECG and Agreement with Hubtel Audited
ACEP urges ECG's management dismissal and an audit of its Hubtel contract, warning financial mismanagement risks Ghana's debt stability and…
Government Faces Potential Legal Battle Over FGR Bogoso Prestea Mines Lease Revocation
The Government of Ghana could soon find itself in a legal confrontation with Future Gold Resources Bogoso Prestea Ltd (FGR),…
Gov’t Increases Treasury Bill Rates Amidst Heavy Borrowing, Sparking Concerns of Overspending
Government raises treasury bill rates to meet borrowing targets, sparking concerns about overspending as election season approaches and investor confidence…
Global Fashioning Assembly 2024: Pioneering Innovation in Sustainable Fashion and Decolonial Practices
Global Fashioning Assembly 2024 fosters innovation in sustainable fashion, with global coalitions, including Ghana's GiFt, addressing waste colonialism and decolonial…