Finance
We are languishing in darkness because government has destroyed the economy – Kwakye Ofosu
Felix Kwakye Ofosu, the former Deputy Minister of Information and spokesperson for ex-President John Mahama, has criticised the current Akufo-Addo/Bawumia government’s handling of the nation’s power sector.
Taking to his handle on X on April 20, 2024…
Strengthen the cedi to curb rising fuel prices – COPEC
The Chamber of Petroleum Consumers (COPEC) has called on the government to prioritize the strengthening of the Ghana cedi to help combat the escalating costs of fuel.
The recent weeks have seen a significant drop in fuel prices, a situation
MASLOC case was ‘naked thieving’ – Joseph Kpemka
Former Deputy Attorney General of Ghana, Joseph Kpemka, has described the infractions that led to the jailing of the former boss of the Microfinance and Loans Centre (MASLOC), Sedina Tamakloe Attionu, as stated in the court documents, as ‘nauseating.’…
Jailed MASLOC boss collected GHS500,000 loan refund in cash – Court papers
Details of some of the infractions that led to the jailing of the former boss of the Microfinance and Loans Centre (MASLOC), Sedina Tamakloe Attionu, have emerged.
One such infraction included how she ordered for a loan sum advanced to
Naira runs out of steam as FX supply plummets
The Nigerian naira tumbled amidst a struggle to find a market clearing rate across the forex market. Reversing the previous trend, the local currency failed to hit N1,000 per US dollar support level following a flurry of projections that boosted
No additional adjustments needed for deal with Ghana – IMF
Abebe Selassie, Director of the African Department at the International Monetary Fund (IMF), has confirmed that the IMF will not request further adjustments from the Ghanaian government.
This announcement comes amidst ongoing discussions with officia…
Oil plunged by 4% amidst Israel-Iran power tussle
In the global commodity market, crude oil prices saw a sharp weekly decline following Israel’s counterattacks against Iran while reports disclosed that the US Federal Bank (Fed) will keep interest rates higher for longer.
Also, investors and economic…
Dr. Kofi Amoah lists six major economic sins of Akufo-Addo government
Renowned Ghanaian economist, Dr. Kofi Amoah, has responded to the Majority Leader of Parliament, Alexander Kwamina Afenyo-Markin’s criticism of former President John Dramani Mahama’s potential return to the presidency.
During a press briefing in parl…