Bank of Ghana cuts policy rate to 12.5%

The Monetary Policy Committee (MPC), on Wednesday cut the policy rate by 50 basis points (0.5 per cent) to 12.5 per cent from 13 per cent, citing low inflation and improved economic environment. “The sources of uncertainty that existed at…

Parliament extols Kufuor

Parliament on Wednesday applauded Former President Kufuor for winning the 2011 World Food Price award together with Brazil’s Luiz Lula da Silva. A statement presented by former Agric Minister in the Kufuor administration, Mr Earnest…