Joy Business News

Fitch Solutions has maintained its 2024 growth rate forecast for Ghana at 4.3%.

News from the world of business.

The government missed its treasury bills target by GH¢1.44 billion for the second consecutive week. According to auction results from the Bank of Ghana, the government accepted all the bids for the short-term instruments.

The Ghana Private Road Transport Union (GPRTU) has urged the commuting public to disregard the 15% increase in transport fares announced by the Concerned Drivers Association of Ghana effective Monday, July 22.

News from the world of business.

News from the world of business.

IMF staff completes it visit to Ghana after completing its half year data review.

The International Monetary Fund (IMF) and the World Bank have maintained their classification of Ghana as a debt distress country, in its latest Joint Debt Sustainability Analysis report.

Despite stable power supply, manufacturing companies associate the high cost of goods with expensive energy.

Ghana is currently ranked 6th in Africa with the highest food inflation. According to the World Bank’s Food Security Update, Ghana’s food inflation of 22.6% in May 2024 put it at that position. Malawi and Nigeria came 1st and 2nd with food inflation of 40.7% respectively. Sierra Leone (32.4%), Egypt (31.0%), Ethiopia (25.5%), Angola (18.5%) and Zambia (16.2%) were ranked 3rd, 4th, 5th, 7th and 8th respectively.