Business
Just in: Ghana’s inflation rate hits 50.3% in November
The Ghana Statistical Service announced on Wednesday that the country’s annual consumer inflation rose to 50.3% in November, up from 40.4% the previous month.
Ghana has been facing a severe economic crisis that triggered a restructuring of its local debts last week. The country also announced a deal with the IMF for a $3 billion bailout.
Ghana’s inflation rate was just 13.6% in January this year but has continued to experience price increases driven by currency depreciation and a fiscal crisis.
Details later….
-
Latest5 days agoCole-Alegbe unveils memoir, urges leaders to harness technology for lasting impact
-
Business1 week agoX3M Ideas donates 50 Walkie-Talkies to strengthen security operations in Onigbongbo
-
Business2 days agoNigeria records N12.59trn trade surplus in Q2 2026 — NBS
-
Business3 days agoNigerian Breweries’ H1 profitability strengthens as revenue hits N804bn
-
Business5 days agoJetour G700 PHEV Storms Abuja as Jetour Nigeria Takes Luxury Mobility Showcase to FCT
-
Business7 days agoRising crude prices threaten fresh petrol price hike in Nigeria
-
Business1 week agoNaira breaks below N1,330/$, hits strongest level in over two years
-
Business6 days agoMultinationals exit Nigeria as economic pressures reshape business landscape