The Monetary Policy Committee (MPC) of the central bank is set to review the Monetary Policy Rate (MPR) on Friday January 20, 2017, with the prime objective of ensuring price stability and low inflation to curtail the depreciation of the cedi and support output and employment growth. The MPR was pegged at 26 per cent … Read more
The land of Africa can never be poor, but our greedy politicians have chosen to tread upon the path of greediness, lies and deceit thereby putting their citizens in perpetual poverty. Geographically, in the Western part of the African continent is where a country called Ghana can be located. For once, I’m tempted to say … Read more
Early this month, leading tyre maker Sameer Africa joined Cadbury and Eveready in closing its factory in Kenya. The firm said in a statement that the move was a result of high energy costs, cheap imports from India and China and a reduction in Customs duties under the five-nation East African Community’s Common External Tariff. … Read more