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Ghana

Ghana Articles

Economy

BMI View: The onset of domestic oil production in 2010 will prompt a marked improvement in Ghana's balance of payments position. We are forecasting a large current account deficit... 2008-11-24


Economy

BMI View: We are forecasting real GDP growth of 5.1% in 2009. Over the coming year, Ghana will see economic activity slow down, albeit remaining strong, on account of weaker commodity... 2008-11-05


Economy

The International Monetary Fund in October published its annual 'Article IV' assessment of Ghana's economy. Strong growth stemming from both the public and private sectors was noted.... 2008-10-24


Economy

BMI View: We have downgraded our forecast for real GDP growth in 2009 to 5.7% from 6.1% previously. The outlook has deteriorated for commodity export earnings, foreign investment... 2008-10-24


Economy

BMI View: We expect the Bank of Ghana's monetary policy committee to keep interest rates on hold at 17.00% on October 27. Key to this decision will be the ongoing decline in headline... 2008-10-21


Economy

BMI View: Consumer price inflation in August came in at 18.1% y-o-y, confirming the downtrend seen since the peak of 18.4% y-o-y in June. We believe inflation will continue to trend... 2008-09-26


Economy

The Ghana Railways Company (GRC) is at risk of collapse, unless it receives financial support from the government, according to the former New Patriotic Party Western Regional chairman,... 2008-09-26


Economy

BMI View: The fiscal deficit in Ghana will swell notably in 2008, coming in at a forecast GHS1.6bn (9.0% of GDP). Key drags on the fiscal position will be the lifting of import duties,... 2008-08-01


Economy

Members of the opposition Movement for Democratic Change party on July 18 blocked approval of the sale of a 70% stake in Ghana Telecom to UK-based Vodafone, saying that the government... 2008-07-23


Economy

BMI View: Anglo-Irish Independent Tullow Oil has said that reserves at its Jubilee field in Ghana could be as much as 1.8bn barrels (bbl) of oil and that it is on track to begin... 2008-07-23

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