The Chief Executive Officer of the Ghana Investment Promotion Center (GIPC), Mr. Yofi Grant, has disclosed that his vision is to promote the GIPC as a strategic partner in Ghana’s development drive. Towards this effort, the agency will be rebranded as a one-stop-shop for investors. He said his outfit is geared to promote the country’s … Read more
This is down from the 6 percent recorded in March this year. This means that the cost of production for industries has seen some stability during the period. The difference between the producer price inflation between March and April this year was negative 1.3 percent. The Acting Government Statistician, Baah Wadieh who made the announcement … Read more
The Producer Price Inflation (PPI) rate for December 2016 was 4.9 percent This rate represents a 7.0 percentage point decrease in producer inflation relative to the rate recorded in November 2016 (11.9%). This rate indicates that, the year-on-year PPI increased by 4.9 percent. But the month-on-month change in producer price index between November and December … Read more
Mr. Mervyn King, former head of the United Kingdom’s Bank of England, recently stated that another financial crisis is “certain” and could come sooner rather than later. Mr. King also believes that most politicians and Central Bankers don’t understand what caused the most recent financial crisis dating back to 2008. Accordingly, without understanding the 2008 … Read more