The cocoa industry has experienced its second reversal in farmgate prices over the past five mid-seasons due to global developments, says the March 2023 Cocoa Market Report by the International Cocoa Organisation.
China is at a impasse in terms of restructuring debts owed to it by developing nations in distress even after the World Bank made additional efforts to provide ultra-low interest loans and grants to those countries, the anti-poverty lender’s chief said Monday.
Economist and Professor of Finance at the University of Ghana Business School (UGBS) has remarked that monetisation of government’s budget deficit by the Bank of Ghana is undermining the effectiveness of its own monetary policy.
Unemployed young people, women, existing MSME’s owned by school dropouts, and persons with disabilities are to be given help to start up in business through an intervention dubbed YouStart Ghana Jobs and Skills Project.
Zero Nox Inc. (“ZeroNox” or the “Company”), a leading provider of sustainable, off-highway vehicle electrification, celebrated the launch of its partnership with the Jospong Group of Companies (JGC), one of Ghana’s most diversified holding companies, with the formal signing of the Joint Venture agreement today at ZeroNox headquarters to advance clean technology solutions in Africa.
The Minister for Finance, Mr Ken Ofori-Atta, has called on the newly sworn-in Fiscal Risk Committee to support the government to achieve the twin objectives of macroeconomic stability and effective fiscal management.
The 1st edition of the quarterly business sustainability report titled “THE GHANA BUSINESS SUSTAINABILITY REPORT” has been launched today by Sustineri Attorneys PRUC, a Ghanaian law firm focused on legal services that promote the sustainable interest of businesses in Ghana.
President Akufo-Addo has appealed to Japanese Prime Minister, Fumio Kishida to help Ghana’s bid for a $3 billion bailout at the International Monetary Fund (IMF).
State-owned Oil Marketing Company, Goil, has posted a strong profit of GHS 81m at the close of the 2022 financial year, up from the previous year’s profit of GHS 61m.
Ghana’s economy is expected to experience a significant slowdown in 2023, with a projected expansion of 1.3%, according to a report by the Economist Intelligence Unit.
Ghana’s economic recovery faces further delays as the International Monetary Fund (IMF) board approval for its support program is at risk of being delayed due to prolonged external debt-restructuring negotiations.
