The local currency is back into free-fall mode against its major counterpart trading currency, the US dollar, as it records its highest depreciation since beginning of the year, B&FT analysis has shown. Data from the Bank of Ghana interbank FX rates show as of yesterday Tuesday, September 9, 2021, the cedi was trading at GH¢5.85

Cryptocurrencies have been tipped to revolutionalize remittances to developing countries as they promise lower service fees than cash transfers. Experts at Trust Payments hold that apart from lower fees, cryptocurrencies, as a means of money transfers across borders, has other advantages over cash. The advantages include the fact that cryptocurrencies are decentralize money, provide better

Developing targeted intervention to attract young people to become ‘creators’ rather than ‘seekers’ of jobs, Green Economy Ghana is on a job creation mission to help in the increment of the economic growth of the country. Its mission is to adopt new approaches to work that requires the workforce in acquiring new skills. Green Economy

Taxpayers must be up to date with compliance before asking for assistance. At the National Treasury press briefing on the economic support package required to deal with the negative economic impact of the “recent disturbances”, Finance Minister Tito Mboweni gave assurance that the fiscal path announced in the 2021 February budget will be maintained. Mboweni

Former Finance Minister, Seth Tekper says the present government does not have any excuse in failing to manage the Ghanaian economy well because it has better resources than the previous NDC administration did. According to Mr. Terkper, the Akufo-Addo administration is enjoying three oil fields, compared to one in the previous administration, whilst global oil

The teams focused their efforts on a few of the highest-value S&OP levers in order to review the current planning process, identify gaps in the planning infrastructure and analytically understand demand and supply variability.

After a careful study of the trajectory of the current and projected levels of government debts and deficits, the former Finance Minister, Seth E. Terkper has called for a ‘Special Deficit and Debt’ control program to curb or ameliorate what he described as a “looming fiscal crisis.” Readers will recall that just some few days

In particular, the initial state of the company’s sales and operations planning capabilities limited their ability to account for demand variability or raw material lead times in production and distribution. Improve sales and operations and production planning.

The global economy is projected to grow at 6 percent this year, moderating to 4.4 percent in 2022 after a contraction of –3.3 percent in 2020 The revised 6 percent growth projection follows an earlier growth projection of 5.5 percent by the IMF. According to the IMF, the contraction of the global economy for 2020

The president of the African Development Bank (AfDB), Dr. Akinwumi Adesina on Wednesday said that the bank will support the African Continental Free Trade Area (AfCFTA) with $208 billion, as part of its contribution towards stimulating investment in Africa. “We remain highly committed to the success of the AfCFTA. As we look to the African