Joseph Yoyowah

1077 Articles

Policy Rate Cut Could Backfire, Fuel Inflation – UG Economist Warns BoG

Dr. Adu Owusu-Sarkodie has cautioned the Bank of Ghana against cutting its 28% policy rate, warning it could reignite inflation…

2 Min Read

GUTA Pledges Swift Price Cuts If Shipping Charges Are Reduced

The Ghana Union of Traders Association says prices of goods will fall significantly if government tackles high shipping charges at…

2 Min Read

Ghana’s Economy Records Fastest Q1 Growth in Five Years – Deloitte Report

Ghana’s economy grew by 5.3% in Q1 2025, the fastest Q1 expansion since 2020, driven by fishing, ICT, and finance…

2 Min Read

Construction Sector Inflation Eases Slightly – What It Means for Projects and Prices

Ghana’s construction sector inflation eased to 6.0% in June from 7.4% in May, with overall costs dipping 0.4% month-on-month. Building…

4 Min Read

Gov’t Terminates 202 ECG Contracts

Government has terminated 202 ECG supply contracts worth US$227.6m, £1.17m, and €4.08m to reduce liabilities and enhance cost control as…

2 Min Read

National Boardroom Summit Launched to Boost Institutional Governance and Drive Growth

The National Boardroom Summit has been launched to enhance governance in public institutions, fostering accountability and profitability. Chief of Staff…

2 Min Read

24-Hour Economy Team Courts Parliament for National Support

Ghana’s 24-hour economy team engaged the Parliamentary Service to align on its $4bn initiative aiming to create 1.7 million jobs…

3 Min Read

Former NPA Boss, Officials Charged Over Alleged GHS280mn Extortion and Money Laundering Scheme

The OSP has charged former NPA CEO Mustapha Abdul-Hamid, six others, and three companies with extortion and money laundering involving…

3 Min Read

24-Hour Economy: Private-Led Agenda to Tap Twin Financing Streams for Industrial Growth

Ghana’s 24-hour economy will be private sector-led, leveraging infrastructure financing via GIIF and SME support through DBG, targeting sectors like…

4 Min Read

Ghana Eyes $640mn Annual Revenue from Shea Sector with 24-Hour Economy Boost

Ghana aims to boost shea nut production to 400,000 tonnes annually, under its 24-hour economy policy, with investments in processing,…

3 Min Read

Ghana Tops Global Real Interest Rate Rankings at 14.3% as Inflation Plummets

Ghana now holds the world’s highest real interest rate at 14.3% as inflation drops to 13.7% with a 28% policy…

3 Min Read

13 Banks Meet Recapitalization Targets Post-DDEP, One State-Owned Lags – IMF

Thirteen banks in Ghana have met recapitalisation targets post-DDEP, but one state-owned bank lags due to capital delays and high…

2 Min Read

Mahama’s Fuel Cuts to Save Ghana Over GH₵ 121mn, Says Vice President’s Advisor

President Mahama’s fuel allowance cuts for appointees could save Ghana over GHS 121 million in four years, says Dr. Sharif…

3 Min Read

Policy Inconsistency Threatens Ghana’s Industrial Future – Economist Warns on 1D1F Cancellation

Economist Dr. Paul Appiah Konadu warns that cancelling Ghana’s 1D1F policy wastes resources and risks job losses, urging policymakers to…

3 Min Read

COPEC Commends Mahama for Scrapping Fuel Perks for Appointees

COPEC has praised President Mahama’s decision to scrap fuel allowances for political appointees, calling it commendable and urging government to…

1 Min Read