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Cedi Depreciation Pushes PPI To 5.4 Percent

Cedi Depreciation

The Producer Price Inflation for February 2019 went up by 5.4 percent. This represents a 2. 0 percentage point increase from the 3.4 percent recorded in January 2019. The Producer Price Index is the price manufacturers and producers sell their products at the wholesale level. The 5.4 percent increase means …

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Making Ghana The Next Palm Oil Destination In The World

Palm Oil

Palm Oil is one of the most profitable lands uses in the tropics. For the main producing Countries, Palm Oil can significantly contribute to national economies, driving rapid economic growth and contributing to the alleviation of rural poverty. A research conducted by my team and myself indicated that lack of …

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GIJ Launches Multimillion-Dollar Endowment Fund

GIJ

The governing board of the Ghana Institute of Journalism has approved a US$100 million endowment fund to herald the school’s 60th anniversary. The initiative will facilitate the set up of a modern-day Digital Media Hub that will include a broadcasting studio, an audiovisual center, and an e-library. According to Dr. …

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BoG Likely To Revise Inflation Target

BoG

The Bank of Ghana is likely to revise its medium-term target inflation band of 8+2 percent to 5 percent. According to the Governor of the Central Bank, Dr. Ernest Addison there might be the need to relook at the medium-term inflation target that we have set for ourselves in order …

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