Ending Stagnation Is Key
The 2016 presidential campaign confirms what Marx wrote : “all the events and personalities of great importance in world history occur, as it were, twice… the first time as tragedy, the second as...
Tag: economics
Ghana Stock Market Yet To Respond To 2016 Elections Outcome
A week after Ghana’s Electoral Commission (EC) declared the presidential nominee of the New Patriotic Party (NPP), Nana Akufo-Addo as the country’s president elect, activities at the Ghana Stock...
Economy Tipped To Grow By 7%
The Economist Intelligence Unit (EIU), a UK-based leading provider of country, industry and management analysis, has forecast a 7 percent growth for Ghana’s economy next year. In its latest review...
1,423 Industries Established Within 12 Months
A total of 1,423 industries have been set up in Tanzania within one year of President John Magufuli in office, it has been revealed. Principal Trade Officer in the Ministry of Industry, Trade and...
Mr. Trump, Heed The Lesson Jimmy Carter Never Learned
In my previous column I observed here how the 2016 race reflects American conditions in the late 1970s — also stagnant — and how the political elites are echoing President Jimmy Carter’s...
The Real Enemy Is Stagnation
Marx wrote : “all the events and personalities of great importance in world history occur, as it were, twice… the first time as tragedy, the second as farce.” Karl, not Groucho, Marx. We...
Matured Bills & Bonds Reach GHC145bn In 2016
Total bills and bonds auctioned this year, from January to October, by the government, Bank of Ghana, and COCOBOD including already issued longer-term bonds that matured this year, have hit GH¢145...
Change of Gov’t In Ghana Won’t Affect Bailout Deal – IMF
The International Monetary Fund (IMF) has watered down arguments that conditionalities under its Extended Credit Facility (ECF) agreement with Ghana would be renegotiated should there be a change of...
An Assessment of NPP’s Manifesto Promises
The paper estimates the Total Cost of major NPP Promises in their manifesto and assesses the Party’s proposed tax cuts on economic growth and revenue generation to finance the cost of the...
Economic Indices Stifle Banking Industry
Dzifa Amegashie, Head of Investor Relations at CAL Bank, has indicated that a lot of economic trends and indices, which are quite high, have negatively affected businesses in the country. Speaking at...
Dollar Auction May Least Control Cedi Depreciation – Economist
As the Bank of Ghana prepares to commence its first dollar auction to banks through a competitive bid, some financial observers have stated that the regulations guiding the process may put excess...
Dollar Auction May Least Control Cedi Depreciation
As the Bank of Ghana prepares to commence its first dollar auction to banks through a competitive bid, some financial observers have stated that the regulations guiding the process may put excess...
Will Economy Impact Ghana’s Presidential Elections? [Article]
For some, the state of the economy matters most when it comes to presidential elections, perhaps more important than tribe and ethnicity. Electoral wins could be down to luck. Research has found that...
Criticisms of Dollar Denominated Bond Misplaced-BoG
The Bank of Ghana(BoG) has refuted claims that the issuance of dollar denominated bond in the country will drain dollar accounts of banks. Government recently raised a total of 94.62 million dollars...
FDI Steers Clear of Agro-Processing Despite Generous Tax Incentives
Out of some 46 new Foreign Direct Investment (FDI) projects recorded in the third quarter of the year, valued at US$241.17 million, none was in the area of agriculture and agro-processing, in spite...
BoG Admits Ghana’s Economic Growth Is Weak
Governor of the Bank of Ghana (BoG), Dr Abdul-Nashiru Issahaku has acknowledged the slow growth of the Ghanaian economy, attributing it to external factors and tight credit conditions. According to...
Over 1,500 Jobs To Be Created Through FDIs
1,504 jobs are expected to be created in Ghana through registered Foreign Direct Investment (FDI) projects in the third quarter of 2016. This figure is about 75 percent lower than the previous year...
State Security Raids Nigerian Currency Dealers
Currency dealers were accused of exchanging naira at a rate lower than 400 naira to $1. Nigerian intelligence agents have raided offices of black market currency dealers accused of exchanging the...
Terkper Defends Raising Bond At 19%
The Finance Minister, Mr Seth Terkper, has defended the government’s decision to raise a GH¢438-million bond at a rate of 19 per cent, explaining that interest on the 10-year loan is the second...
Ghana Settles On GHC438m In 10 Year Domestic Bond
The Government of Ghana (GoG), thebftonline.com has raised an amount of 438 million Cedis (110 million) in its ten - year Cedi Bond. The debut Cedi bond though was highly over subscribed was at a...