Banks operating in the country have reduced their investments in Treasury Bills from 79.2 percent in December 2015 to 78.1 percent December 2016. According to the Bank of Ghana Financial Stability...
US consumer prices in February rose at the fastest pace in nearly five years compared to the same month of 2016, while retail sales also were robust, the government reported Wednesday. The Consumer...
China issued a raft of upbeat data on Tuesday showing the economy got off to a strong start to 2017, supported by strong bank lending, a government infrastructure spree and a much-needed resurgence...
President Nana Addo Dankwa Akufo-Addo says Ghana’s banking sector has become increasingly fragile as a result of the previous government’s bad economic policies, which negatively affected the...
US consumer prices in January rose at their fastest pace in nearly four years, a fresh sign that a pickup in inflation may be approaching, Labor Department figures showed Wednesday. The consumer...
Ratings agency Fitch has downgraded the outlook on Nigeria’s long-term debt to B+ following concerns on the west African nation’s economic outlook. Nigeria is experiencing its worst economic...
U. S. economic growth slowed sharply in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but steady consumer spending and rising business investment pointed to sustained...
Ghana's Gross Domestic Product (GDP) provisional growth in the third quarter of 2016 rose by 4 percent year-on-year. The GDP which includes oil for the 3rd quarter of 2016, grew by 4 percent compared...
The UK economy grew by 0.6% in the third quarter, according to official figures, faster than previous estimates. Growth for the July-to-September period had originally been estimated at 0.5%. New...
Finance Minister Mr Seth Terkper has expressed optimism that there will be no reversal in the growth of the economy following the several investment and prudent policy measures put in place by the...
Ghana’s ability to maintain its recent progress on fiscal consolidation will be an important factor in sovereign ratings assessment following last week’s elections, says Fitch Ratings. “Failure...
Without exception, all the major international ratings agencies have predicted a budget deficit overrun in 2016, a projection that has a strong likelihood of occurring given official data showing the...
U. S. retail sales rose more than expected in October as households bought motor vehicles and a range of other goods, pointing to sustained economic strength that could allow the Federal Reserve to...
Ghana has witnessed significant economic decline over the past five years with weak real Gross Domestic Growth (GDP), Dr Eric Osei-Assibey, an economist, has stated. Making a presentation on the...
The country’s industrial sector is in a dire situation as figures from the Ghana Statistical Service (GSS) show that it recorded a -5percent growth in the second quarter, reflecting the draining...
