Investor confidence on the Ghana Stock Exchange (GSE) continued to soar as the equities market recorded a strong performance at the month of April 2025. The GSE Composite Index recorded a year-to-date return of 24.69%, while the Financial Stock Index advanced by 30.72%, reflecting continued robust market. Additionally, the numberContinue Reading
In a significant endorsement of Ghana’s economic recovery efforts, global credit rating agency S&P Global Ratings has upgraded the country’s foreign-currency sovereign credit rating from Selective Default (SD) to CCC+, reflecting renewed investor confidence and the positive momentum in economic management under the leadership of Finance Minister Dr. Cassiel AtoContinue Reading
The cedi has been rated among the world’s best-performing currencies in recent weeks, drawing praise from businesses and policymakers alike. However, a new policy discussion paper by the Centre for Policy Scrutiny (CPS), titled ‘Ghana’s Cedi Holds Steady – But Can the Calm Last?’, cautions that this impressive run mayContinue Reading
The Director-General of the Ghana Maritime Authority (GMA), Dr. Kamal-Deen Ali has warned that Ghana’s ports could see a significant decline in ship traffic in the coming years if they fail to transition to greener practices. According to Dr. Kamal-Deen Ali, global maritime industry is moving rapidly towards clean energyContinue Reading
The Ghana Airports Company Limited (GACL) has successfully repossessed prime airport lands from McDan Group of Companies following a decisive court ruling in its favour. The judgement, delivered on May 6, 2025, by an Accra High Court, grants GACL full re-entry and possession of over 16 acres of land formerlyContinue Reading
The Food and Beverage Association of Ghana (FABAG) has announced that prices of key commodities within the sector are beginning to fall, with further reductions expected in the coming weeks. Speaking at a stakeholder engagement with the Minister for Finance, the Executive Secretary of FABAG, John Awuni, confirmed that pricesContinue Reading
Ghana and Côte d’Ivoire recorded the highest trade surpluses of approximately $4.1 billion and $2 billion respectively in West Africa in 2024. According to advisory firm, Bridgewater Advisors, West Africa’s trade balances, however, exhibited significant negative variation across its countries, driven by commodity price fluctuations, exchange rate volatility, and domesticContinue Reading
Africa’s debt sustainability has become a pressing concern, advisory firm, Bridgewater Advisors has stated in its Africa Economic Outlook. According to the firm, the continent’s public debt between 2010 and 2024, surged by a staggering 170%, partly due to the global financial crises, Covid-19, and geopolitical tensions. In comparison, globalContinue Reading
Taxation plays invaluable role in the building and sustenance of national economies worldwide. It is used to bring in the needed revenue for national development. Generally, taxes are collected from both formal and informal sectors in most countries across the world. Whereas measures and strategies have been put in placeContinue Reading
The Ghana Union of Traders’ Associations (GUTA) says the recent appreciation of the cedi is being driven in part by a sharp reduction in demand for foreign currency among its members. According to Charles Kusi Appiah, Head of Business and Economic Bureau of GUTA, traders are now abandoning the dollarContinue Reading