Outpaces inflation with 28% Return non-Financials lead rally IPOs, lower rates and recovering banks key drivers for 2024 The Ghana Stock Exchange (GSE) closed 2023 with its 20th positive return in its 33-year history, as the GSE Composite Index (GSE-CI) returned 28.08 percent to investors for the period – with analysts saying it consistently points […] The post GSE delivers
Consumer inflation eased further in December 2023 – closing at 23.2 percent, down from November’s 26.4 percent per data from the Ghana Statistical Service (GSS). This 3.2 percentage point decline aligns with forecasts, providing relief from the previously higher and persistent inflation. Cumulatively, inflation dropped 30.4 percent during 2023 while average inflation was 39.91 percent. […] The post
as over 30 private schools operate with expired accreditation The futures of thousands of students in higher institutions of learning are in limbo, following revelations by the Ghana Tertiary Education Commission (GTEC) that as many as 33 private tertiary institutions in the country are currently operating with expired accreditation. Institutions that have not been accredited […] The post
The Controller and Accountant General, Kwasi Kwaning-Bosompem, has announced that effective March 2024, all public sector employees must obtain a National Identification Card (Ghana Card) or risk not receiving their salaries. This directive follows the public sector payroll system’s strategic synchronisation with the National Identification Authority’s (NIA) database. The integration is to sanitise the payroll, […] The post
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