economics

Headlines

China’s Economy Posts Steady Growth But Risks Remain

China posted better-than-expected growth in the second quarter, official data showed on Monday, but authorities warned...

News

Inflation Drops To 12.1%

Inflation has dropped again for the month of June from 12.6 per cent in May to 12.1 per cent. This is the lowest since...

Headlines

Big Investor Payouts Seen At US Banking Giants

As they await this week's stress test results, US banks face a dilemma their European counterparts can only dream of:...

International

Democrats Say Dodd-Frank Repeal Is ‘wrong Choice’

Democrats are slamming a Republican bid to dismantle financial rules put in place after the 2008 crisis as the "wrong...

News

FirstBanC Expects 22.5% Policy Rate To Boost Growth

FirstBanC Financial Services Ltd (FirstBanC), is expecting the reduction in policy rate from 23.5 to 22.5 percent to...

Business

Trade Surplus Doubles To US$1.2bn In April

Export proceeds in the first four months of the year overtook imports by 30.2 per cent, resulting in a balance of trade...

News

10 Worst Family Money Mistakes Anyone Can Make

As I noted earlier, the formula for financial prosperity is pretty simple: • Spend less than you earn • Do this for...

Business

Ghana’s Debt Hit GHc129.5bn – BoG

Ghana’s public debt has reached GHc129.5 billion according to Bank of Ghana’s Summary of Economic and Financial...

News

Fitch Upgrades Ghana Outlook To Stable

Fitch ratings agency upgraded Ghana’s outlook to stable on Friday and said the government was making progress in...

International

German Economic Growth Speeds Up

Higher consumer spending has helped to boost growth in the economy Germany's economy grew strongly in the first three...

Business

Hike In Transport Fares Pushes Inflation Up To 13%

The 15 percent increment in transport fares by the GPRTU in April has pushed inflation up slightly to 13 percent from...

Headlines

US Wholesale Prices Rebound Sharply In April

Mounting services costs drove up US wholesale inflation in April, with the annual measure hitting its fastest pace in...

News

Inflation Rises To 13% After Six Months’ Decline

The figure went up by 1.6 percent from the 12.8 percent recorded in March this year. According to the Ghana Statistical...

Business

Financial Sector Stakeholders Call For Fiscal Council

Stakeholders in the financial sector have pushed for the establishment of a Fiscal Council to put the government on its...

Business

Gov’t Fights Punitive Cost of Remitting Money

The Ministry of Finance is hopeful that a US$2.6 million Remittance Grant Facility (RGF) secured from the Switzerland...

Headlines

Australia Vows ‘practical’ Budget To Counter Voter Frustrations

Australia was set to unveil a "practical" budget Tuesday focused on infrastructure spending and housing affordability...

News

Dr. Kofi Kissi Dompere’s Book Launch On Nkrumahism

Prof. Kofi Kissi Dompere, ranked among the “World’s Top 100 Leading Thinkers,” is also a world-famous...

Business

Alhassan Andani Bemoans Low Saving Habit

Some financial observers have bemoaned the low level of savings among Ghanaians, describing it as disincentive to...

Business

Africa’s CEOs Confident of Growth – PwC

Notwithstanding the current economic and socio-political uncertainty, numerous companies in Africa are still positive...