Search

Ghana central bank warns new taxes may reignite inflation

Accra, Ghana Photo by Naveen Venkatesan © Unsplash
Photo by Naveen Venkatesan © Unsplash
  • Bank of Ghana says fiscal measures in mid-year budget may reverse recent disinflation progress
  • Inflation drops to 13.7% as cedi surges; interest rate decision expected this week

 

ACCRA, GHANA – Ghana’s central bank has cautioned that new tax measures announced in the government’s mid-year budget review could reignite inflation, potentially threatening recent macroeconomic gains including a strong cedi and falling price levels.

Recent Business

Coding session at a tech startup. Photo by Desola Lanre-Ologun@ Unsplash
African tech startups raise $4.1bn as debt takes centre stage
Read More »
Healthcare dominated discussions between Ethiopia and Germany. Photo by Francisco Venâncio @ Unsplash
Germany’s Bayer, industrial giants eye Ethiopia as reforms lure European capital
Read More »
Uranium. Photo by Samuel Chagas @ Unsplash
Zambia uranium gains momentum as Atomic Eagle drills shallow, scalable discovery
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Uganda’s disputed election under Museveni deepens East Africa concerns
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »

Latest Posts

Latest news insights