BoG Maintains Policy Rate At 26%
The chairman of the Monetary Policy Committee of the Bank of Ghana (BoG), Dr. Abdul-Nashiru Issahaku, has expressed worry over the current level of inflation, warning that it is still high compared...
Tag: Inflation
Policy Rate Remains Unchanged At 26%
The Monetary Policy Committee of the Bank of Ghana has once again maintained its policy rate at 26 percent. This was arrived at the 72nd meeting of the committee after monitoring development of the...
Recession Is Adequate Reason To Cut Politicians Outrageous Pay
Is anyone serious about cutting politicians’ outrageous salaries and allowance? If this recession is not enough reason to deflate an economy that was pumped up by corruption for so many years, it...
Wobbly Inflation Dampens Hopes of Policy Rate Cut
Hopes that the central bank could cut its long held policy rate as its Monetary Policy Committee (MPC) meets, have been blunted by a marginal rise in inflation for the past month, fueled by fears...
Mostly False On Primary School Enrollment
President John Dramani Mahama on Tuesday, September 13 gave a presentation on the NDC's 2016 manifesto ahead of the elections. Some of these claims were fact-checked by The Media Foundation for West...
Bawumia’s Lecture: Only Four Out of Eight Claims True
The Media Foundation for West Africa (MFWA) is disputing some facts presented by Dr. Mahamudu Bawumia, vice presidential candidate of the New Patriotic Party (NPP) at his recent economic lecture...
Election Fever Pushes Up Inflation Slightly
Barely three months to the crucial December polls, inflation, which has been largely erratic this year, has begun a gradual ascent, with the Ghana Statistical Service suspecting that traders are...
Bawumia Exploiting the Economy’s Weaknesses
Faced with deepening economic malaise, most Ghanaians aren’t easily impressed these days, and whether Dr Mahamudu Bawumia, NPP’s presidential running mate, was right or wrong, he provided an...
Inflation Rises To 16.9%
Inflation has shot up from 16.7% in July to 16.9% in August 2016. Inflation for imported items also rose from 15.2 in July to 17.3 in August. Locally produced items however dropped from 17.3% in July...
Imanis Business & Economic Environment Report (2011-2016)
A suitable environment for businesses to succeed remains an important precursor to economic growth and ultimately the improvement of living standards. At a UN forum held in 2015, UN Secretary-General...
With Informed Policies, Nigeria Can Survive
It is not a pleasant situation at all, as Nigeria faces recession; many businesses are in dire straits, consumer demand in the pits and banks refusing to extend credit. Presently, businesses struggle...
The Economy Need Cedi Risk Management Not Expenditure Promises
For the past one and half years, I have raised a case-study on the impact of forex in our daily life as well as the economic welfare of the people in Ghana, to the extent of postulating that “The...
Inflation Down To 16.7%
The Ghana Statistical Service (GSS) has released the inflation rate for July 2016 with Consumer Price Inflation (CPI) declining to 16.7 per cent from 18.4 per cent in June 2016. The monthly change...
BoG’s Policy To Fight Inflation Crippling Businesses
Ghana’s central bank has been asked to reduce its policy rate to alleviate the high cost of borrowing which is crowding out the private sector in the country. According to the Centre for Economic...
Zimbabwe on the Brink of Complete Economic Collapse as It Slashes Retirement Age by 10 Years
Zimbabwe is so desperate for cash it has cut the retirement age for soldiers from 60 years to 50. Only those who fought in the 1970s liberation struggle are allowed to remain in service until 65. In...
Sarkodie’s Inflation: A Relevant Message Misconstrued ?
Sarkodie’s newest single Inflation has undoubtedly ruffled some feathers and created some controversy in Ghana.
Sarlodie - Inflation Notwithstanding the timeliness of the song and the factual...
AUDIO: Just Released – Inflation By Sarkodie (Prod by Julz)
In this just released piece, Ghana's number 1 rapper, Sarkodie takes his time to address the problem the country is facing at the moment. He calls this one Inflation and was produced by Julz. I know...