#Economy

Starting tomorrow, August 16, 2023, for the following two weeks, the average price of petrol and diesel will likely rise by around 5.7% over the present mean price of 12.45 per litre. Liquefied petroleum petrol prices are also anticipated to increase by roughly 11.9%. The Chamber of Petroleum Consumers (COPEC) claims that the anticipated increase is caused by an 11% increase in finished product prices on the global market and a 6.79% increase in crude oil prices, despite a relatively lower dollar to foreign currency…

As per Ghana's Minister of Information, Kojo Oppong Nkrumah, the nation would before long get a $2 billion financial infusion from the public authority. Kojo Oppong Nkrumah conjecture that $750 million from the Afremix Bank and $1.3 billion from the cocoa partnered advance will show up at the Bank of Ghana this week. Kojo Oppong Nkrumah, in a meeting with Citi News, communicated certainty that the cedi's new wild decay against the dollar will before long stop. “The Bank of Ghana introduced a number of measures in…

The Director of IMANI Africa, Franklin Cudjoe strongly believes government is to be blamed for the country's economic predicament.He says wasteful offices is one of the cause of the country's woes Leader Director of IMANI Africa, Franklin Cudjoe says government is generally to fault for the country's ongoing financial troubles. As per him, the circumstance is the aftereffect of government's inability to make the right interests into the economy. RelatedItemsThe NPP has a custom of removing Ghana from tough spots -…

President Nana has made a revelation on how he intends to combat the economic crisis in Ghana. He has disclosed that his salary has been reduced by 30% to fight suffering in the country. The President says all his minister and appointees will follow suit. …

Kumchacha questions Nana Addo on the building of national Cathedral.Did God ever say his rent has expired or he has nowhere to sleep?There are no beds in major hospitals like 37 Military Hospital and Korlebu yet we want Cathedral.Nana Addo will not be able to complete the Cathedral within two years. Popular Ghanaian man of God, Nicholas Osei well known as Kumchcha has quizzed the President of Ghana on his decision to build a national Cathedral with huge sum of money in the country's current economic situation. The…

Nana Addo Dankwa Akufo-Addo has disclosed that his administration aims at moving the local economy from raw material production to a value added one. According to the President this aim can only be achieved through education and this is why his administration is working tirelessly to make sure that not many people can access education but all Ghanaian children. “That is not going to be possible if we don’t have educated workforce so it is linked. It therefore requires that the investments that we have to make for…

A member of the New Patriotic Party (NPP) Mr. Gabby Asare Otchere Darko has uncovered that figures and insights delivered by state institutions like the Bank of Ghana (BoG) indicates that the economy is doing great under this organization. The Finance Minister, Mr Ken Ofori-Atta, a year ago anticipated a solid rebound in monetary development in 2021 after the novel Covid. He is idealistic that development will end this year at 1.9 percent higher than that which was recently anticipated prior to significantly increasing…