Business owners face sluggish post-holiday sales, while bankers anticipate a rebound in transactions, and educators await the return of students.
Business
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Ghana Cedi Ends 2023 with Notable Depreciation Against US Dollar
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In a welcome move for consumers, several Oil Marketing Companies (OMCs) in Ghana have reduced the prices of petrol and diesel, marking a consecutive price drop. The decrease to ¢11.24 per litre is attributed to the cedi’s stability and lower international market prices.
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Join the culinary journey as Faila Abdul Razak, a trailblazing Ghanaian chef, sets her sights on breaking the world record for the longest solo cooking marathon.
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BusinessPolitics
Economic Turbulence in Ghana: A Contradiction Between Presidential Optimism and Expert Skepticism
In Ghana, a heated debate has erupted over the state of the nation’s economy, bringing into sharp focus differing views between President Akufo-Addo and prominent economist Prof. John Gatsi. The…
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President Nana Addo Dankwa Akufo-Addo has urged Ghanaian businesses to seize the opportunities presented by the African Continental Free Trade Area (AfCFTA) to expand their portfolio and compete globally. The…
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Ghana, the world’s second-largest cocoa producer, has signed an $800 million syndicated loan with international banks and expects to receive the first $600 million as soon as this week, its…
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Vice President Dr Mahamudu Bawumia has launched a new initiative to support the youth and small-scale enterprises in Ghana. The Business and Employment Assistance Programme (BEAP) aims to create 20,000…
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Ghana is facing a severe debt crisis that threatens its economic stability and recovery. The West African nation has been struggling to repay its external creditors, especially China, which holds…
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Germany has committed €145.9 million to support Ghana’s efforts to achieve climate and energy, good governance, and sustainable economic development. The agreement was signed by Ghana’s Finance Minister, Ken Ofori-Atta,…