Venezuela's currency continues to collapse. Just in November, the bolivar has lost 55% of its value. It's the latest sign of Venezuela's extreme economic, political and humanitarian crisis. Sky high...
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...
The start of the week saw the Monetary Policy Committee (MPC) of the Bank of Ghana announcing a reduction in the policy rate by 50 basis points to 25.5 per cent. Previously, the rate had held at 26...
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...
The Producer Price Index (PPI) which measures the average change over time in the prices received by domestic producers for production of their goods and service has marginally increased to 9.8% in...
The Monetary Policy Committee of the Bank of Ghana (BoG) on Monday reduced the policy rate to 25.5 percent from 26 percent. Even though commercial banks were praying for 100 basis points reduction,...
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has reduced the policy rate by 50 basis point to 25.5 percent after holding it at 26 percent for months. The policy rate, which is the...
As the Monitory Policy Committee of the central bank meets today, expectations of a policy rate cut are high, as the IMF programme appears to have impelled a modicum of prudence in macroeconomic...
There is growing expectation on the Bank of Ghana (BoG) to announce a reduction in the policy rate as the governor prepares to publish results of the Monetary Policy Committee meeting later this...
The Ghana Statistical Service (GSS) has announced that it has commenced works to rebase the Consumer Price Index(CPI) used to measure the country’s inflation from the current base year of 2012 to a...
The Finance Minister, Mr Seth Terkper, expects the stability in the fiscal side of the economy to provide comfort to the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) and possibly prompt...
The business community, backed by some economists have intensified renewed calls for the central back to strongly consider cutting its policy rate to induce growth following the decline in inflation...
Finance Minister Seth Terkper is predicting that the significant drop in inflation is likely to force interest rate down in the coming days. Inflation for the month of October 2016 declined from 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...
The Monetary Policy Committee (MPC) of the Bank of Ghana will next week Monday, announce its policy rate for commercial banks in the country. The announcement will conclude the MPC’s 73rd regular...
The year-on-year inflation rate fell to 15.8 per cent in October, down from 17.2 per cent recorded in September, Mr Baah Wadieh, Deputy Government Statistician, said on Wednesday. The monthly change...
Inflation for the month of October 2016 has seen a sharp decline from the 17.2% recorded in September to 15.8%. The rate decreased by 1.4% from the 17.2% in September 2016. The monthly change rate...
The figure represents a 1.4 percent reduction from the 17.2 percent recorded in September this year. This is higher compared to the monthly change rate for September which was 0.2 percent. According...
It seems the election pressure on inflation has taken a U-Turn as the rate for October dips from 17.2% in September to 15.8% in October 2016. The rate for last month was blamed on uncertainties among...
Ever heard of the currency Pula? Well it’s one of the best performing and valuable currencies in Africa from the SADC of the south of Africa. What makes an economy robust that is stable and...
