11 h. ago Gold Approaches Record High as Weak Jobs Data Fuels Fed Rate Cut Bets

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-approaches-record-high-as-weak-jobs-data-fuels-fed-rate-cut-bets/Gold prices surged toward the $3,600 per ounce mark during Asian trading Monday, extending gains after weak U.S. employment data reinforced expectations for Federal Reserve interest rate cuts later this month. The precious metal reached a new all-time high near $3,600 an ounce on Friday following the release of August nonfarm payroll figures showing the […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-approaches-record-high-as-weak-jobs-data-fuels-fed-rate-cut-bets/

Politics

3 d. ago MultiChoice agrees to reduce DSTV fees, pricing committee established – Sam George

The Minister of Communications, Sam George, has confirmed that MultiChoice Ghana has agreed to reduce its subscription prices, following intense regulatory pressure. This comes after MultiChoice finally provided the data requested by the government regarding comprehensive pricing data, specifically including a breakdown of bouquet prices, tax components, and pricing comparisons with at least six other […]

Politics

5 d. ago Ghana Food Basket Region Records Highest Inflation at 21.7 Percent

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-food-basket-region-records-highest-inflation-at-21-7-percent/Western North Region, one of Ghana’s primary agricultural production areas, recorded the country’s highest food inflation rate at 21.7 percent in August, creating a paradox where a major food-producing region experiences the steepest food price increases. The Ghana Statistical Service data reveals the ironic situation where Western North, known for fertile soils and production of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-food-basket-region-records-highest-inflation-at-21-7-percent/

Politics

6 d. ago Transport Union Warns Drivers Against Illegal Fare Hikes Despite Rising Fuel Costs

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/transport-union-warns-drivers-against-illegal-fare-hikes-despite-rising-fuel-costs/The Ghana Private Road Transport Union has issued a stern warning to drivers against increasing transport fares without official approval, even as fuel prices continue their upward climb. The caution follows another round of fuel price increases that took effect on September 1, despite falling crude oil prices on international markets. According to data from […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/transport-union-warns-drivers-against-illegal-fare-hikes-despite-rising-fuel-costs/

Events

2 w. ago Ghana’s Producer Inflation Cools, Easing Cost Pressures on Businesses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-producer-inflation-cools-easing-cost-pressures-on-businesses/Businesses across Ghana finally caught a break in July as the pace of rising factory gate prices slowed noticeably. New data from the Ghana Statistical Service shows the Producer Price Index fell to 18.3 percent, down from 21.7 percent the previous month. This offers a welcome sign that cost pressures may be starting to ease. […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-producer-inflation-cools-easing-cost-pressures-on-businesses/

Economics

2 w. ago Nigeria’s Telecoms See US$1 Billion Investment Surge After Price Rises

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/nigerias-telecoms-see-us1-billion-investment-surge-after-price-rises/A controversial decision to raise phone call and data prices in Nigeria is paying an immediate dividend. Since approving a 50 percent tariff increase in January, the country has seen more than a billion dollars flow into its telecom infrastructure, ending years of severe underinvestment. According to the head of the communications commission, Aminu Maida, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/nigerias-telecoms-see-us1-billion-investment-surge-after-price-rises/

Economics

3 w. ago Gov’t slaps DStv with GH¢10,000 daily fine over pricing data delay

The Communication Minister has begun imposing a statutory fine of GH¢10,000 per day on MultiChoice Ghana (DSTV) for failing to submit critical pricing data requested under the Electronic Communications Act (ECA).

Politics

4 w. ago Data Shows Local Food Prices Drive Ghana’s Stubborn Inflation

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/data-shows-local-food-prices-drive-ghanas-stubborn-inflation/Ghana’s inflation battle faces a new complication, with official statistics confirming traders’ claims that locally produced goods, not imports, are now the primary drivers of persistent high prices. Recent data from the Ghana Statistical Service (GSS) aligns with the Ghana Union of Traders Association’s (GUTA) stance, revealing a stark divide between imported and domestic inflation […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/data-shows-local-food-prices-drive-ghanas-stubborn-inflation/

Economics