Day: January 3, 2023

American economist, Prof. Steve Hanke has resumed his attacks on Minister of Finance Ken Ofori-Atta critiquing the Minister’s resort to Biblical references to back his belief of an economic resurgence.In a January 2, 2023 tweet in which Hanke posted a … … Read More >‘The Bible is a poor guide for macroeconomics’ – Prof. Hanke jabs Ken Ofori-Atta

While the fortunes of the world’s 500 richest individuals took a hit in 2022, with a total loss of $1.4 trillion, three African billionaires managed to buck the trend.According to data from Billionaires.Africa, Nassef Sawiris, Nicky Oppenheimer, and Ab… … Read More >3 African billionaires defy global economic challenges with increase in net worth – Report

The Interbank forex rates from the Bank of Ghana today, January 3, 2023, have shown that the Ghana Cedi is trading against the dollar at a buying price of 8.5717 and a selling price of 8.5803.As compared to yesterday’s trading of a buying price of 8.31… … Read More >Forex bureaus sell $1 at GH¢12.00, GH¢8.58 on interbank market as of January 3

Professor of Applied Economics at the Johns Hopkins University-USA, Steve Hanke, has called out Ghana’s Finance Minister, Ken Ofori-Atta, to be realistic in addressing the macroeconomic challenges in the country.He believes that the trend of the minist… … Read More >Ofori-Atta must stop bamboozling Ghanaians with Bible quotes and get real – Prof. Hanke

Maybe the “enjoyment season” isn’t over for you (yet), but it’s the time of the year when you need to start working on/thinking of your personal finances:What your 2023 goals are, what you’re maintaining, stopping or improving on.Here are a few things … … Read More >4 steps to improve your personal finances in 2023

As the countdown to the commencement of operations at the Dangote Oil Refinery nears its end, excitement and anticipation are building among Nigerians and the wider African community.The refinery, which is set to begin operations in mid-2023, is a $19-… … Read More >Dangote’s oil refinery set to transform African petroleum industry in 2023 – Report