Finance Archives - Thoughts of a New African

More Lamentations on the Ghana Cedi and IMF Bailout Programme

12 March 2015
Economics, Writings

So, despite the announcement of the $940m bailout programme, the Cedi has been behaving cynically and purposelessly lamenting against the major international trading currencies – the dollar being the major…Read more →

Ghana to hit fiscal cliff as Central Bank financing of gov’t debt rises

4 February 2015
Economics, Writings

On January 7, 2015, the Bank of Ghana (BoG) announced plans to raise GH₵25.42 ($8 billion) by first half 2015 through the issuance of Bills of various short and medium…Read more →

Ghana’s Economy: The More Things Change, the More They Remain the Same

10 January 2015
Economics, Writings

Post the Senchi consensus and ongoing IMF bailout talks, one would have thought that the Government will make firm commitments to reduce these two line items which continue to constrain…Read more →

ON INFLATION COMPUTATION IN GHANA AND MATTERS ARISING

27 August 2014
Economics, Writings

Post by Theo Acheampong. Read more →

THE STATE OF GHANA’S ECONOMY (Extracts from the Latest IMF Article IV Consultations with commentary)

18 May 2014
Economics, Writings

Post by Theo Acheampong.Read more →

The Inequality Debate: Thoughts on Piketty

18 May 2014
Economics, Writings

OF PATRIMONIAL CAPITALISM, OLIGARCHY AND A BURGEONING PLUTOCRACY... Fact is, there is rising inequality in a number of countries and something can and must be done. But the question that…Read more →

GHANA Q1 2014 ECONOMY UPDATE: HIGHLIGHTS OF BoG’s MPC MEETING (SCARY STATISTICS!)

4 April 2014
Economics, Writings

Post by Theo Acheampong.Read more →

Adverse Effects of Bank of Ghana’s Monetary Policy Measures on the Cedi

31 March 2014
Economics, Writings

Post by Theo Acheampong.Read more →

On the Depreciating Ghana Cedi

31 March 2014
Economics, Writings

Post by Theo Acheampong.Read more →

Ashanti Goldfields, Ghana’s Golden Shares and a Hedge Gone Wrong

5 December 2013
Economics, History, Writings

Aa result of a hedging deal gone wrong on the back of the rally in gold prices buoyed by the decision of 15 European Central banks in September 1999 to…Read more →

The Accra Monorail System

13 October 2013
Economics, Writings

ver wondered about the possibility of building a comprehensive and well integrated Rapid Mass Transit System (Metro-System) that is rail based and truly functional in Accra? The Accra Monorail System…Read more →

Africa’s Economic Growth: A Fallacy of Numbers?

5 May 2013
Economics, Writings

1. Introduction Only a decade ago, Africa’s socio-economic growth potential was confined to the doldrums and back alley of underdevelopment. Today, the international media continues to be abuzz with common memes such as…Read more →

Ghana: Another Eurobond in the offing

1 May 2013
Economics, Writings

News wires reported today that Ghana was planning a mid-year Eurobond bond to strengthen public finances. I wonder however, how the markets will price this bond on the back of…Read more →