BUSINESS NEWS
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Banking sector profit drops by almost 20% – BoG
Profitability levels in the banking sector have declined, according to the Bank of Ghana. The central bank attributed this to…
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Ghana’s public debt stock hits ¢575.7bn – BoG
Latest data released by the Bank of Ghana puts Ghana’s total public debt stock as at November 2022, at GHS…
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Tullow Oil challenges GRA over $300m tax imposition
Oil exploration and production firm, Tullow is challenging the Ghana Revenue Authority over $300 million advanced tax imposed on the…
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Gov’t and Association of Banks reach agreement on DDEP
Finally, there is an agreement between the government and the Ghana Association of Banks over the Domestic Debt Exchange Program.…
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Retail customers to be paid with COCOBOD’s deposits over cocoa bills default
Retail customers not interested in a rollover of their cocoa bills would now be paid using COCOBOD’s deposits at the…
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SIGA awaits cabinet approval on listing of SOEs on GSE
Director-General of the State Interests and Governance Authority (SIGA) Amb. Edward Boateng has disclosed that his outfit is awaiting approval…
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G20 creditors agree to Ghana’s debt relief talks
All member countries of the G20 group of economic powers are on board for a restructuring of Ghana’s debt. The…
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80% of debt swap needed to get IMF deal – Ken Ofori-Atta
The government says it is optimistic of achieving 80 percent of the bond debt swap under the Domestic Debt Exchange…
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Technical committee formed to ensure continuous engagement on debt programme
The Minister of Finance, Ken Ofori-Atta says a technical committee will be formed to ensure continuous engagement with all stakeholders…
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IMF head confirms Ghana is seeking debt treatment under G20 initiative
International Monetary Fund Managing Director, Kristalina Georgieva on Sunday confirmed that Ghana has sought debt treatment under the Common Framework…
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