Multiplying your Loan demand won't transform anything - Prof Steve Hanke tells govt

Multiplying your credit demand won’t transform anything – Prof Steve Hanke tells govt

Steve H. Hanke, a teacher of applied financial matters, Johns Hopkins University, USA, has expressed that Ghana’s twofold credit demand from the International Monetary Fund, IMF, won’t tackle the desperate financial emergency of the country.   As per him, Ghana’s ongoing IMF bailout will flop as the rest has bombed before. Prof Hanke encouraged the…

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Ghana's ongoing expansion rate is fiction and way off - Prof. Hanke exposes GSS rate

Ghana’s ongoing expansion rate is fiction and way off – Prof. Hanke exposes GSS rate

Teacher of Applied Economics at the Johns Hopkins University-USA Steve Hanke, has exposed Ghana’s ongoing expansion rate, showing that it is misguided his assessments.     The Ghana Statistical Service on August 10 reported that the expansion rate for July moved to an unequaled high of 31.7 percent, addressing a 1.9 percent increment among June…

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Cedi devaluation against US dollar causes alarm among Ghanaians

Cedi devaluation against US dollar causes alarm among Ghanaians

The Ghana cedi has been struggling against the US dollar, other trading currencies The exhibition of the neighborhood cash against the US dollar particularly, has left numerous Ghanaians and market watchers in alarm mode. As toward the finish of Friday, August 12, 2022, the nearby money was offering above GH¢9 to the US dollar with…

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The 4 African extremely rich people whose total assets have expanded since beginning of 2022

The four African extremely rich people whose total assets have expanded since beginning of 2022

Just four of the 21 African financial specialists on our radar with a total assets of $1 at least billion have seen their fortunes improve starting from the start of the year. Among them are Africa’s most extravagant man Aliko Dangote and Egypt’s richest man Nassef Sawiris.   The new flood in the portions of…

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