The 2022 Budget Statement and Economic Policy has been referred to as a “sika mpe dede budget” by the minority leader in parliament, Haruna Iddrisu. The popular’sika mpe dede’ that President Nana Addo Dankwa Akufo-Addo used in his final speech to the nation inspired the Akan expression, which literally […]
Business
Bright Simons, the vice president of IMANI Africa, has criticized the government for its plan to eliminate daily restrictions on electronic money transactions that will be subject to the Electronic Transfer Levy (E-Levy). The Electronic Transfer Levy (E-Levy), which is now levying 1.5 percent of transactions, will be reduced […]
Elon Musk says he will not allow the conspiracy theorist Alex Jones to return to Twitter. Activations of accounts belonging to former US President Donald Trump, rapper Ye (formerly Kanye West), and influencer Andrew Tate occurred over the weekend. Upon being asked on Twitter if Jones was next, Mr. Musk […]
The embattled Finance Minister, Ken Ofori-Atta, and Tiger Eye P.I. investigators did not meet in Dubai, according to Abdul Malik Kweku Baako, editor-in-chief of the New Crusading Guide. Asaase radio, a pro-NPP media outlet, said in a report that Anas’ agents met with the Finance Minister in Dubai. They claimed […]
Deliveroo, a UK-based meal delivery service, has announced it is leaving Australia due to the country’s challenging economic climate. The business’s 2015-established Australian division is entering voluntary administration. Deliveroo is under increasing pressure to treat its 15,000 riders like employees as the nation’s new administration has promised to enhance […]
After testing the sale of two food products, plantain and rice, to help Ghanaians cope with the rising cost of food, the Ministry of Food and Agriculture (MoFA) has now added two more. Cocoyam and yam are the new inclusions. After successfully making several bunches of plantains available to […]
On October 27, 2022, the Ghana Cedi is trading against the dollar at a purchasing price of 13.0018 and a selling price of 13.0148 according to the Bank of Ghana’s Interbank Foreign Exchange Rates. Please take note that these rates could vary at a currency bureau close to you. Afriswap […]
According to Steve Hanke, founder and co-director of the Institute for Applied Economics and professor of applied economics at Johns Hopkins University, Ghana’s economy is currently in free fall. He claims that as of Sunday, October 22, 2022, the country’s inflation rate in West Africa is 109 percent. The […]
Shop owners are being urged to urgently reopen their establishments, according to the Traders Advocacy Group Ghana (TAGG). The group claims that when merchants close their stores, multinational corporations, like malls in Ghana, unfairly benefit. It went on to say that because other bills are still unpaid and interest on […]
The country should no longer continually turn to the International Monetary Fund whenever it experiences economic difficulties, according to former president John Dramani Mahama. He claimed that the country’s citizens no longer had confidence in its democracy and that instability was a result of the “going and coming” to the […]
In a move that is anticipated to push up gasoline prices globally, some of the main oil-producing nations have decided to reduce the quantity of oil they export. Saudi Arabia and Russia are part of the Opec+ group, which said that it would reduce output by two million barrels […]
Ghanaians who borrowed money from Qwikloan and XpressLoan but haven’t paid back have received a stern warning from the Bank of Ghana (Bog). Customers of Qwikloan and XpressLoan who borrowed money but didn’t pay it back would face consequences, the central bank claims. The apex bank claimed in a statement […]
Have you become curious in the cryptocurrency’s recent recovery? For those who are just now listening in, here is an introduction. Photographer: NurPhoto/NurPhoto Bitcoin’s price increased in that instant. It’s down the next. Elon Musk is a fan, first. He isn’t as certain then. Bitcoin is becoming accepted as legal money in some nations. Others have some pertinent inquiries. Over the past few years, the price of Bitcoin has […]
The state funeral of the British Monarch, Queen Elizabeth II is estimated to have cost around US$9 million. According to a post shared by AJ+, a social media publisher owned by Al Jazeera Media Network, the amount will now add to the estimated $116 million bill UK taxpayers pay every […]
Tax analyst, Joe Jackson, has lamented the depreciation of Ghana’s cedi that has reduced purchasing power by 66% in the last year. According to him, his income has remained the same from October 2021 to date. In a Twitter post on September 18, 2022, he wrote, “My income in Cedis […]
Contributing anyplace implies risk, paying little heed to demography. Notwithstanding, Africa is a mainland with almost 33% of the world’s mineral assets, huge energy holds, bountiful arable land, and the quickest developing populace. It, hence, addresses a wellspring of colossal income. Africa is a seriously unsafe spot to put resources […]