News
Ghana's Economic Calm Yet to Ease Business Costs
45+ min ago (279+ words) Ghanaian businesses are still battling high loan rates and freight costs despite easing inflation and a steadier cedi, economists and industry leaders said at an Accra forum on Thursday. The second edition of the Channel One Economic Quarterly, held July…...
Ghana's Falling Inflation Hasn't Cut Loan Rates Yet
1+ hour, 2+ min ago (456+ words) Ghana’s Falling Inflation Hasn’t Cut Loan Rates Yet NewsGhana Ghana’s inflation and money market rates have fallen this year, but banks have not passed the relief on to borrowers, economists and traders said at a mid year economic review. The…...
BofA Names South Korea Top AI Contender
3+ hour, 59+ min ago (488+ words) NewsGhana Bank of America has named South Korea the strongest country outside the United States and China to benefit from the next wave of artificial intelligence investment, citing its chip industry. The call lines up with what has already shown…...
Weak US jobs, high inflation leave Fed boxed in
1+ week, 2+ day ago (322+ words) US hiring nearly stalled in June while inflation held above 4 percent, a squeeze that leaves the Federal Reserve, already leaning toward a rate rise, with no clean move. The economy added just 57,000 jobs in June, about half what forecasters expected,…...
US banks clear Fed stress test, capital rules unchanged
1+ week, 2+ day ago (227+ words) All 32 big US banks passed the Federal Reserve’s latest stress test, but the June 24 results changed no capital requirements and left analysts debating what it proves. The Federal Reserve said the banks could absorb more than $708 billion in losses under…...
Ghana inflation hits 2026 high before rate decision
1+ week, 3+ day ago (259+ words) Ghana’s inflation rose to 5.3 percent in June, its third straight monthly climb, driven by local goods and services ahead of the central bank’s next rate decision. The rate is up from 3.7 percent in May and marks the highest reading this…...
Unilever Ghana Profit Jumps As Revenue Tops One Billion
2+ week, 2+ day ago (266+ words) Unilever Ghana grew 2025 revenue past GH¢1 billion and lifted profit around 62 percent, helped by Ghana’s economic recovery, it told investors at the Ghana Stock Exchange on Tuesday. Revenue rose about 12 percent to GH¢1.039 billion, from GH¢930.8 million a year earlier....
Ghana's Central Bank Pays Double T-Bill Rate Despite GH¢16bn Reserve Drain
2+ week, 3+ day ago (737+ words) Ghana’s Central Bank Pays Double T-Bill Rate Despite GH¢16bn Reserve Drain NewsGhana Ghana’s Bank of Ghana is paying commercial banks double the Treasury bill rate on short-term notes despite a June reserve change that drained an estimated GH¢16 billion in…...
Cheap Cement, Pricey Plumbing Split Ghana's Construction Costs
2+ week, 3+ day ago (566+ words) Cheap Cement, Pricey Plumbing Split Ghana’s Construction Costs NewsGhana Ghana’s construction costs have divided into two distinct tracks in May 2026: cement has fallen 14.5 percent year-on-year while plumbing has risen 22.8 percent, creating opposite economic pressures across the structural and finishing phases…...
Side hustles keep growing as inflation falls
3+ week, 1+ day ago (403+ words) NewsGhana Ghanaian professionals are expanding side businesses even as inflation falls toward 4 percent, a shift economists say reflects changing attitudes toward income rather than pure economic survival. Inflation has dropped from more than 50 percent in December 2022 to 3.8 percent in January…...