BUSINESS

In the midst of a depreciating currency, past views of members of the governing New Patriotic Party, NPP, have often become topical. Past social media posts – Twitter and Facebook – on the performance of the Ghana cedi has often been dug up to point to how critical NPP leaders …

There’s been a lot of media brouhaha about the fertilizer crisis in Ghana, focusing on recent huge price increases for inorganic (synthetic) fertilizer. Indeed, the price of inorganic fertilizer in Ghana has gone up about 5-fold in the last two years (and for those lucky enough to receive government-subsidised fertilizer …

One-time presidential spokesman, Koku Anyidoho, has vowed to expose appointees of President Nana Addo Dankwa Akufo-Addo over the current state of the Asomdwe Park. The park, which is the resting place of former president John Evans Atta-Mills was only recently refurbished and recommissioned by the state-owned Coastal Development Authority, CODA, …

Onion sellers in the Kwadaso municipality of the Ashanti region have forewarned Ghanaians about shortages during this year’s Christmas festivity. According to the traders, over 90% per cent of onion sellers have withdrawn from the business due to the Ghanaian cedi’s inability to compete with the CFA and the Dollar. …

Vice President, Dr Mahamadu Bawumia, says it is wrong to measure government’s performance only by the current post-COVID-19 economic difficulties. He said the country’s economy outlook before the onset of the pandemic was positive; thus the reason the government continued to attribute the current crisis to factors emanating from the …

Every week, Steve Hanke, a Professor of Applied Economics and Director of the Troubled Currencies Project in the United States, publishes Hanke’s currency watchlist, a group of currencies that have depreciated by at least 20% against the dollar since January 2020. Hanke, a professor at Johns Hopkins University, explains that …

Madam Rebecca Asempa, a businesswoman in Hohoe has resurrected the selling of “ice water” after more than 10 years switch to the consumption of “pure water.” She resumed the business on Tuesday, October 25 and so far, it is becoming a favourite to all special drivers at the Hohoe lorry …

Coffin makers in the Kumasi metropolis have revealed that they will increase the prices of their products from next week. According to them, the prices of the raw material they use have tripled hence there’s nothing more they can do except for increasing their prices in order not to run …

Some restaurant owners in the Ashanti Region are entreating customers to make provision to buy soup and stew for their fufu and rice due to the rising cost of food stuff. The business owners say ingredients such as oil, meat and vegetables, are taking a toll on their operations. They …

The Finance Minister for Ghana Ken-Ofori-Atta says he’s the right person to redeem the country’s sinking economy and take it back to its rightful position. With the entire NPP majority caucus in parliament supporting him, he says he remains the right person to redeem the country’s sinking economy. Speaking at …