Ghana’s inflation comes back to single-digit

Ghana’s inflation comes back to single-digit

by | Jan 26, 2021 | Economy

After shooting into the double digits space in April, inflation rate has return to its single-digits figures as data from the Ghana Statistical Service indicate the general price levels of goods and services for November 2020 increased by the rate of 9.8 percent,...
Bonsa Tyres to be revived under export programme

Bonsa Tyres to be revived under export programme

by | Jan 20, 2021 | Economy

The once vibrant Bonsa Tyres Company Limited (BTCL) which has been non-functional for a number of decades is set to be revived under the National Export Development Strategy (NEDS) programme as part of a move to raise earnings from natural rubber to US$1.4 billion in...
Ghana sees recession for first time in 37 years

Ghana sees recession for first time in 37 years

by | Jan 8, 2021 | Economy

Ghana, like many other countries, has also not been spared by the devastating power of the coronavirus pandemic as its economy has also recorded its first ever recession in 37 years, with data from the Ghana Statistical Service showing a contraction of two straight...
Free trade agreement between United Kingdom and Ghana

Free trade agreement between United Kingdom and Ghana

by | Jan 4, 2021 | Economy

Ghana and the United Kingdom have reached a consensus on a new trade agreement to provide duty free and quota free access, as well as preferential tariff reductions for both countries. The consensus was reached after a video conference between Ghana’s Minister of...
Ghana projects economy to grow 5.7 percent in 2021

Ghana projects economy to grow 5.7 percent in 2021

by | Nov 29, 2020 | Economy

Ghana has projected its economy will grow at 5.7 percent in 2021 as government seeks to stimulate both small- and large-scale businesses with the Covid-19 Alleviation and Revitalisation Enterprises Support (CARES) programme. The economy is projected to grow by 1.9...