The Ghana Export-Import (EXIM) Bank has reaffirmed its commitment to empowering Small and Medium-sized Enterprises (SMEs) in Ghana by providing concessional loans and grants to break the long-standing financial constraints hindering their growth. Bright Evans Darko, Head of the SME Department at Ghana EXIM Bank, emphasized the importance of patience […]

Kwame Owusu Danso, the Vice-Presidential nominee for the Afrafanto Alliance, has launched a scathing attack on Ghana’s current economic situation, laying the blame squarely at the feet of the ruling New Patriotic Party (NPP) and opposition National Democratic Congress (NDC). Speaking at his acceptance ceremony in Accra, Danso asserted that […]

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 […]

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 […]

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, […]