Ghana’s Producer Price Inflation (PPI) surged to 33.2% in August 2024, a 4.1 percentage point increase from July’s 29.1%. The month-on-month rate stood at 2.7%. According to the Ghana Statistical Service, industry sector inflation (excluding construction) jumped from 37.9% to 44.2%. However, construction sector inflation decreased to 27.7%, while extraction […]
Business
Chief Supports Responsible Mining, Condemns Galamsey
Ghana’s National House of Chiefs President, Ogyeahoho Yaw Gyebi II, has rejected calls for a blanket ban on mining, instead advocating for stricter regulations. He emphasized mining’s significant economic contribution and warned that a total ban would harm the country. Gyebi’s stance comes amid growing pressure to address devastating environmental […]
Ablakwa Exposes Massive Payments to President’s Cousin for Stadium Rehabilitations Amid CAF Ban
North Tongu MP, Samuel Okudzeto Ablakwa, has made shocking revelations about the Akufo-Addo administration’s handling of stadium rehabilitations, despite Ghana’s recent CAF ban. Ablakwa intercepted payment vouchers showing annual payments to Kelvin Ofori-Atta, President Akufo-Addo’s cousin, for stadium rehabilitation works. The payments, totaling GHS32,261,183.78, were made to Kelvin Ofori-Atta’s companies, […]
Re-globalization: A Call to Action for More Inclusive Trade
Geneva, Switzerland – As the World Trade Organization (WTO) hosts its 2024 Public Forum, the focus is on re-globalization – making trade more inclusive and ensuring its benefits reach a wider population. Since its inception in 1995, the WTO has facilitated rapid global trade expansion, lifting 1.5 billion people out […]
WTO and ITC Launch Fund to Empower Women Exporters in Digital Economy
Geneva, Switzerland – The World Trade Organization (WTO) and the International Trade Centre (ITC) have launched the Women Exporters in the Digital Economy (WEIDE) Fund, a global initiative to support women entrepreneurs in international trade and the digital economy. The fund, launched at the WTO Public Forum, aims to empower […]