Tag Archives: market

Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has stated that Ghana’s foreign exchange market has regained stability, with commercial banks now taking a leading role in driving trade activities instead of the central bank. Speaking in an interview with the International Monetary Fund (IMF) during the ongoing …

  President Donald Trump has expressed his excitement over the positive impact on the Stock Market following his imposition of tariffs on many countries. He said Hundreds of Billions of Dollars are pouring into the US coffers. “Tariffs are having a huge positive impact on the Stock Market. Almost every …

The Chinese Ambassador to Ghana, H.E. Tong Defa, has called on Ghanaian businesses and policymakers to fully embrace the zero-tariff opportunity China is offering to African countries, emphasizing that protectionist trade policy are counterproductive to global development. Speaking to the media, Ambassador Tong expressed concern about the growing trend of …

  The government of Ghana has successfully secured a $30million grant from China to construct a modern market in Aflao in the Volta Region. According to the government, the decision to construct a modern market in Aflao is expected to boost economic activity, link the Ho and Lome markets and …

  The International Monetary Fund (IMF) has urged the Bank of Ghana (BoG) to reduce its interventions in the foreign exchange market to allow for greater exchange rate flexibility. In its post-review statement, IMF’s Deputy Managing Director Bo Li said “The authorities have made significant strides toward rebuilding international reserves …

The Minister for Local Government, Chieftaincy, and Religious Affairs, and Member of Parliament for Banda, Ahmed Ibrahim, has announced plans by the Ministry to pilot 24-hour economy market centres across selected Metropolitan, Municipal, and District Assemblies (MMDAs) in Ghana. The initiative, which forms part of efforts to revitalize the local …

The Executive Director of the Institute for Energy Security (IES), Nana Amoasi VIII, has expressed deep concern over Ghana’s heavy dependence on fuel imports, stating that the country’s fuel sector remains vulnerable to fluctuations in the international market. According to him, Ghana imports over 98% of its fuel due to …