News
Accra West ECG assures customers of reliable power supply
The Accra West region of the Electricity Company of Ghana (ECG) has assured its customers of reliable power supply as it makes significant investments in infrastructure and equipment. The General Manager for the Accra West region, Mrs Sariel Etwire, gave the assurance during visits to some production, manufacturing, banking, financial and educational institutions, collectively classified …
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Economy
BoG cites reserves, disinflation as buffers amid mideast tensions
By Joshua Worlasi AMLANU The Bank of Ghana is reinforcing its economic defences as geopolitical tensions in the Middle East threaten to destabilise global energy markets and investor sentiment. The Governor, Dr. Johnson P. Asiama said the country is better positioned today to withstand external shocks, citing an improved reserve position, a disinflationary trend, and […]
The post BoG
Economy
Fitch upgrade welcome – economist
By Joshua AMLANU & Ebenezer NJOKU Fitch’s recent upgrade of Ghana’s Long-Term Foreign-Currency Issuer Default Rating from ‘Restricted Default’ to ‘B-minus’ is a welcome, albeit expected, development. But the country remains in speculative-grade territory and must intensify reforms to exit the danger zone, Courage Boti, Manager-Macroeconomic Research, GCB Bank, has said. Speaking to B&FT following […]
The post Fitch
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