Importers Mr Asaki Awingobit middle addressing the media

Stop bringing in illicit wheat flour into Ghana – IAEAG to govt

Wheat flour that was smuggled into Ghanaian markets has recently increased, according to the Importers and Exporters Association of Ghana (IAEAG). Samson Asaki Awingobit, the association’s executive secretary, said this at a news conference in Accra and claimed that the importation of foreign wheat flour was ruining the local markets in Ghana. Therefore, he urged…

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BoG funded 78% of ¢28bn government financing need; economic challenges largely fiscal – US based Economist

According to Dr. Dennis Nsafoah, an assistant professor of economics at Niagara University headquartered in the US, the Bank of Ghana provided about 78% of the government’s need for funding of 28 billion in the first half of 2022. The operation cost Ghana roughly $2 billion in foreign reserves. “Even more worrying is that Ghana…

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Dr Mahamudu Bawumia

‘The government is employing technology to address our issues’ – (Dr. Bawumia)

According to Vice President Dr. Mahamadu Bawumia, the government is using technology to find solutions to the nation’s crises. According to Dr. Bawumia, the government is creating a data-based society, thus many initiatives in the technology and digitalization fields are directed in that direction. On Wednesday, August 17, 2022, the Vice President was addressing at…

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EXPLAINER: What the audit of Ghana's financial strategy rate means to Ghanaians

EXPLAINER: What the audit of Ghana’s financial strategy rate means to Ghanaians

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) on Tuesday, August 17, 2022, expanded the arrangement rate by 300 premise focuses to 22%.   The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) on Tuesday, August 17, 2022, expanded the arrangement rate by 300 premise focuses to 22%. The increment…

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Ghana's high food costs will go on for quite a while - Lecturer

Ghana’s high food costs will go on for quite a while – Lecturer

Dr Patrick Asuming, a senior speaker at the University of Ghana Business School, has expressed that the costs of food may not diminish at any point in the near future, as Ghana’s expansion will stay high for quite a while.     He said on TV3’s ‘Central issues’ program on Saturday, August 13, that it…

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