Saturday, November 26, 2022

‘A debt crisis looms on the horizon in Ghana’ – Prof. Steve Hanke

Professor of Applied Economics at the Johns Hopkins University-USA, Steve Hanke, has warned that Ghana risks facing a huge debt crisis due to the...
JP Morgan

Debt restructuring to weaken cedi; BoG partly to blame for cedi woes – JP...

Global leader in financial services and US firm, JP Morgan has warned that the probable debt restructuring of Ghana’s debt would further weaken the...
President Nana Addo Dankwa Akufo-Addo and Prof. Steve Hanke

Thanks to Akufo-Addo, Ghana’s economy is in the tank – Prof. Hanke

Steve Hanke, a professor of applied economics, Johns Hopkins University and founder and co-director of the Institute for Applied Economics, has stated that Ghana's...

What the strong dollar means for you

The strong dollar poses challenges for US markets that may persist. The value of the US dollar has risen sharply this year compared to currencies...

Ghana’s inflation now at 101% – Prof Steve Hanke challenges official rate of 37.2%

Professor Steve Hanke, a professor of Applied Economics at the Johns Hopkins University, has indicated that per his tracking, Ghana's inflation is currently at...
When sugarcane bagasse is burned, the ash contains silica. The race is on to extract this for various uses. Geoff Sperring/Shutterstock

Silicon is used in construction, microchips and more – ‘green’ methods could help extract...

In some parts of South Africa’s Mpumalanga and KwaZulu-Natal provinces, sugarcane fields stretch as far as the eye can see. The crop is more...

UK finance minister Kwarteng to be sacked – Times

LONDON, Oct 14 (Reuters) - Britain's finance minister Kwasi Kwarteng is to be sacked, The Times reported on Friday. "I'm told that Kwasi Kwarteng is...

Monetary Policy Rate increased to 24.5% amid risks from inflation

The Monetary Policy Rate has been increased by 250 basis points to 24.5 percent. The Bank of Ghana has said the increase is because of...
Finance Minister, Ken Ofori-Atta

Ghana now classified as high debt distressed country – World Bank report

Ghana has been classified as a high debt distressed country, according to the World Bank. According to the Bank’s October 2022 Africa Pulse Report, Ghana’s...

Ghana, Korea $8 million rice project kicks off in Assin North

Cape Coast, Sept. 29, GNA – The Ministry of Food and Agriculture (MoFA), in collaboration with the Korea International Cooperation Agency (KOICA) and the...

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