Joseph Yoyowah

1077 Articles

Ghana’s Lending Rates Drop to 30.45% in October

Ghana's average lending rates fell to 30.45% in October 2024 from 32.69% in 2023, reflecting gradual policy-driven reductions despite persistent…

2 Min Read

Cedi’s Steady Rise Against US Dollar Offers Relief to Pharma Sector, But Consumers Await Price Cuts

The cedi's appreciation eases import costs for Ghana's pharmaceutical sector, but consumer price reductions lag due to high operational costs…

3 Min Read

Water Scarcity Grips Amasaman Residents

Amasaman faces a critical water crisis, with Twellium Industries accused of prioritizing supply, straining residents and local businesses.

5 Min Read

GSE Sees 1,462% Surge in Trading Volume

The Ghana Stock Exchange saw a 1,462% volume surge, led by Camelot Ghana, as indices remained steady despite selective pressures.

1 Min Read

Gov’t Commits to Settling Restructured Debt in Two Years

The government assures repayment of restructured debts within two years, citing economic growth, robust fiscal policies, and investor confidence restoration.

2 Min Read

OSP Probes Alleged Food Distribution During Special Voting in Ayawaso West Wuogon

OSP probes alleged food distribution during special voting in Ayawaso West Wuogon.

1 Min Read

Ghana Faces Risk of Government Shutdown Over 2025 Budget Deadlock

Ghana faces its first potential government shutdown as a parliamentary deadlock over the 2025 provisional budget threatens fiscal stability, public…

2 Min Read

Mobile Money Transactions Surge in October Amid Ghana’s Growing Digital Finance Adoption

Ghana’s mobile money transactions reached GHS 298.6 billion in October 2024, reflecting growing digital payment reliance despite a decline in…

2 Min Read

Ghana’s Banking Sector Assets Shoot up to GH₵ 367.2bn Despite Persistent NPL Challenges

Ghana's banking assets grew 42.4% year-on-year to GHS 367.2 billion by October 2024, despite high non-performing loans (22.7%) challenging profitability…

2 Min Read

Greater Accra Leads Secured Loan Market

The Greater Accra Region dominated Ghana's Q3 2024 secured loan market (62.8%), with GCB Bank leading lenders at 16.4%.

2 Min Read

Ghana’s International Reserves Climb to $7.92 Billion Amid Stronger Current Account Surplus

Ghana's international reserves rose to $7.92 billion in November 2024, driven by a higher current account surplus and reduced financial…

2 Min Read

Ghana Unveils Digital Economy Policy to Propel Inclusive Growth

Ghana's Digital Economy Policy aims to expand internet access, enhance digital skills, tackle cybercrime, and position the nation as Africa's…

2 Min Read

Tullow Seeks US$40M from Ghana for Gas Supply

Tullow Oil reports $40M debt from Ghana, production challenges, and plans for seismic optimization in 2025.

2 Min Read

Quality Built Environment Key to Economic Growth- First Deputy Governor

BoG's Deputy Governor highlights architecture's role in boosting economic growth, sustainability, and national resilience at 2024 AGM.

3 Min Read

Assibey-Yeboah Rejects Fitch’s Ghana Liquidity Concerns

Dr. Mark Assibey-Yeboah disputes Fitch's liquidity concerns for Ghana, citing $8 billion debt relief benefits.

1 Min Read