Inflation Rate Increased To 23.8% In December
The Consumer Price Index (CPI) for December 2024 stood at 248.3, indicating a 23 percent increase compared to the same period in 2023.
Economy
20 Key Points From President Nana Akufo-Addo’s Final State Of The Nation Address
In his final State of the Nation Address, delivered on January 3, 2025, President Nana Addo Dankwa Akufo-Addo reflected on his eight-year tenure, highlighting significant achievements, challenges, and his vision for Ghana’s future.
The Cedi gains strength against key currencies at Forex bureaus.
Ghana’s local currency, the cedi, is maintaining its upward trajectory against major trading currencies, particularly the US dollar, at various forex bureaus.
Fuel Prices Drop At Filling Stations
Petrol and diesel are seeing marginal reduction after experiencing some increase in the first pricing window in December.
Cedi Gets Momentum At Forex Bureaus
The Bank of Ghana attributed the gains to the growth in Ghana’s external sector.
IMF Open To Modify Ghana’s $3bn Deal With Mahama’s Administration
The International Monetary Fund is open to renegotiating Ghana’s $3 billion financing program with the incoming administration provided accompanying reforms aren’t jeopardized.
PRICES OF GOLD COIN FALL AMID CEDIS’S STRENGTHENING
The Bank of Ghana’s gold coin, available in three variants—a one-ounce coin, a half-ounce coin, and a quarter-ounce coin have witnessed a price drop on December 9, 2024.
November 2024 Inflation Rises to 23.0% Amid Higher Food Prices
Inflation for November 2024 increased to 23.0%, up from 22.1% in October, driven primarily by a surge in food prices.
Secured Loans Rise to GH¢5.6 Billion in Q3 2024 – BoG Data
The total value of secured loans issued by banks and Specialized Deposit-Taking Institutions (SDIs) in the third quarter of 2024
Bawumia Expresses Gratitude to Ghanaians, Bondholders, and Stakeholders for Supporting Debt Restructuring Efforts
Dr. Mahamudu Bawumia, flagbearer of the New Patriotic Party (NPP), has expressed heartfelt gratitude to Ghanaians, bondholders, and stakeholders for