An Economist at the University of Ghana Business School, Prof. Lord Mensah has proffered a solution to deal with the speculation of high rates of the cedi to the dollar. Prof. Lord Mensah wants the Central Bank to control the circulation of the dollar as part of measures to control the Cedi’s depreciation.

A survey by Accra-based Global InfoAnalytics shows that 70% of eligible voters doubt the ability of the New Patriotic Party (NPP) to win the 2024 general elections. Its October 2022 report indicates that majority of the voters have ruled out the possibility of the NPP ‘breaking the eight’.

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Members of the Ghana Union of Traders Association (GUTA), has temporarily closed their shops at the Accra Central Business District and Abosey Okain in Accra. Their decision to close down their shops is in protest against current economic hardships in Ghana.

Discussion and analysis of the topmost news story of the day

The Electoral Commission of Ghana has listed 17 political parties whose registration it intends to revoke for failure to establish national and regional offices in the country.

Assistant Commissioner of the VAT Administration wing of the Ghana Revenue Authority (GRA), Philip Acquah says 16 businesses have been closed for non-compliance with the E-VAT invoicing regime.

The Attorney-General, Godfred Yeboah Dame has signaled the readiness of government to fastrack the prosecution of Aisha Huang and others on trial for illegal mining. According to him, the state is ready to conduct the trial on a day-to-day basis.

Traders in parts of the central business district of Adum in Kumasi have locked up their shops in protest against rising taxation on their goods.

The Bank of Ghana has refuted the World Bank’s assertion that it is responsible for the increasing rate of inflation in the country.