Finance
Ghana’s youth unemployment rate 7.16% – AfDB
The African Development Bank (AfDB) reports that Ghana’s youth unemployment rate stood at 7.16% in 2023, with the issue particularly acute among those aged 15 to 24.
The bank’s updated 2024 Africa Economic Outlook highlights that unemployment is sign…
We’ve begun the process to bring road tolls back – Roads Minister
The Ministry of Roads and Highways has announced its efforts to engage key stakeholders in a bid to finalize the reintroduction of road tolls, which were halted in 2021.
According to the Roads Minister, Francis Asenso-Boakye, the reinstatement of tol…
The Cedi’s free fall: A crisis of confidence in Bank of Ghana and Government of Ghana
Since 2017, the Cedi has taken a staggering nosedive of 246 percent against the dollar. It’s like watching a beloved football team slide down the league table – painful and inexplicable.
Any attempt to manipulate supply and demand artificially to
GhIPSS and CEO receive honours at GITTA
The Ghana Interbank Payment and Settlement System (GhIPSS) and its Chief Executive Officer, Mr. Archie Hesse, were recognized at this year’s Ghana Information Technology and Telecom Awards (GITTA).
GhIPSS received the Payment Infrastructure Leader Aw…
Ghana loses $1.4billion yearly from illicit financial flows – Tax Justice Network Africa
Ghana is losing approximately $1.4 billion annually due to illicit financial flows, according to the Tax Justice Network Africa (TJNA).
The nation is highlighted as one of the top countries suffering significant revenue losses through tax evasion, ta…
Young African Entrepreneurs call on African leaders to remove trade barriers hindering free trade among Africans
The President of the AfCFTA Young Entrepreneurs Federation (AfYEF), a pan-African youth-centered organization has called on policymakers to intensify efforts to abolish all trade barriers affecting trade across the continent.
Prince Siita Sofo Hissan…
NACOC busts US$6.4million worth of cocaine at Kotoka International Airport
The Narcotics Control Commission (NACOC) of Ghana, in collaboration with the UK National Crime Agency, has intercepted a massive haul of cocaine at the Kotoka International Airport (KIA).
The operation, which took place on Monday, June 10, 2024, led …
World Bank confirms Ghana’s growth for 2024 at 2.9%
The World Bank has pegged Ghana’s Gross Domestic Product (GDP) growth for 2024 at 2.9%.
In its June 2024 Global Economic Prospects, the World Bank stated that economic activities in the country remained subdued, reflecting the dampening effects of fi…