[ad_1] The Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana has attributed rising labour agitations, high business costs, and the collapse of some businesses to the high foreign exchange rates and inflation. This finding is sourced from the Institute’s assessment of the recent mid-year budget review presented by the Minister…
[ad_1] The Bank of Ghana (BoG) has affirmed its commitment to stabilise the cedi’s exchange rate, amidst the rapid depreciation against the dollar. In its Monetary Policy Committee Press Release on Monday, May 27, the BoG announced that it possesses sufficient foreign exchange reserves to support the market. It advised economic agents to refrain from…
[ad_1] A new police station has been inaugurated in the Amansie South District in response to the escalating crime rates in Manso Nkran. The initiative, deemed crucial due to the surge in criminal activities, was acknowledged by the District Chief Executive (DCE), Clement Opoku Gyamfi, who expressed gratitude to the Chiefs of Manso Nkwanta, for…
[ad_1] North Korean strongman Kim Jong Un tearfully pleaded with his insular nation’s women to have more children to offset declining birth rates. Flanked by other uniformed leaders, Kim said boosting the population would help to strengthen the country as audience members cried in emotional solidarity. “Stopping the decline in birth rates and providing good…
[ad_1] The monetary policy rate will reach its peak by March 2024 once inflation recedes sufficiently, GCB capital has disclosed. It stated in its research update that the return to the path of fiscal consolidation, the continuously tight monetary policy stance, and the zero Central Bank deficit financing, among other reforms and favourable base effects,…
[ad_1] The president of the Mobile Money Agents Association, Dustan Delali Abokyi, says robbery attacks on mobile money vendors in the country have reduced since Dr George Akuffo Dampare became the Inspector General of Police. “For the first time, we have an IGP inviting MoMo agents for a program like this, this is a rare…
[ad_1] The Volta River Authority (VRA) continues to provide relief items for the affected flood victims. In the last two days, VRA has reached out to the victims at the safe havens with trucks of items, including blankets, 24,000 diapers, 19,000 sanitary pads, 15 bales of clothing, 15,000 bags of rice and maize, 4,000 exercise…
[ad_1] The Volta River Authority (VRA) has stated that it will continue to provide relief items for the affected flood victims. In the last two days, VRA has reached out to the victims at the safe havens with trucks of items, including blankets, 24,000 diapers, 19,000 sanitary pads, 15 bales of clothing, 15,000 bags of…
[ad_1] New figures released by the International Monetary Fund (IMF) on Tuesday, October 10, 2023, at the IMF/World Bank meetings in Morocco suggest a more optimistic outlook for Ghana’s economic growth in 2024, compared to the dip projected for 2023. The IMF is projecting a growth rate of 2.7 percent for the year 2024, a…
[ad_1] Dr. Anthony Nsiah-Asare, the presidential adviser on health has attributed the recent increase in the cost of renal dialysis to foreign exchange fluctuations. He indicated that though import charges also played a role in the hikes, the largest contributory factor is the foreign exchange regime in recent months. Ghanaians, particularly patients on dialysis treatment…
