FABAG: Escalating crisis of smuggling is causing Ghana to lose billions of cedis
The Food and Beverages Association of Ghana (FABAG) has issued an urgent public appeal to the government, warning that the escalating crisis of smuggling across Ghana’s borders is causing the nation to lose billions of cedis in revenue each month. In a strongly worded statement, FABAG drew attention to the “alarming levels” of illicit trade, […]
SSNIT seeks partnership to revamp some hotel investments
The Social Security and National Insurance Trust (SSNIT) is seeking a partnership to revamp its hotel investments in Elmina and some parts of the country. This partnership is to support a turnaround of these investments without necessarily outright sales. The Director General of SSNIT, Kwesi Afreh Biney disclosed this to Journalists after an engagement as […]
BoG confident Inflation will drop further by year-end as Cedi strengthens
The Bank of Ghana (BoG) says it expects inflation to decline even further by the end of 2025, following months of sustained disinflation supported by a stronger cedi and disciplined policy management. Governor, Dr. Johnson Asiama, speaking at the launch of the Cedi@60 celebrations in Accra said headline inflation has dropped sharply to 9.4% as […]