BUSINESS NEWS
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Inflation continues downward trend, reaches 20.9% in July
Ghana’s consumer inflation has continued its downward trajectory, dropping to 20.9% year-on-year in July, marking the fourth consecutive month of…
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Gold for oil policy still on track – BoG
The Bank of Ghana (BoG) has asserted that the government’s Gold for Oil policy is progressing as planned. The initiative…
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World Bank: Majority of Ghanaian banks strong enough to avoid recapitalisation
The World Bank in its 8th Ghana Economic Update, has indicated that more than half of the 23 banks operating…
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Forex Bureaux to verify Ghana Cards, Passports before transactions effective August 1
The Bank of Ghana has announced an update to its foreign exchange trading system, introducing a centralised platform aimed at…
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Bank of Ghana maintains policy rate at 29%
For the third consecutive time, the Bank of Ghana (BoG) has maintained the Monetary Policy Rate at 29 per cent.…
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Inflation drops from 23.1% to 22.8% in June 2024
The latest data from the Ghana Statistical Service indicates that inflation for June has dropped to 22.8%. The figure represents…
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Fuel prices go up, diesel inches towards GHȼ15 per litre
Some oil marketing companies (OMCs) have begun upwardly adjusting fuel prices at the pump following the commencement of the first…
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Economy grows 4.7% first quarter
The latest data from the Ghana Statistical Service indicates that the cumulative economic growth for the first quarter of 2024…
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World Bank approves $250m credit facility for Ghana
The World Bank on Friday, May 31, approved a $250 million International Development Association (IDA) credit for a five-year Ghana…
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BoG maintains policy rate at 29%
The Bank of Ghana (BoG) has announced that it will maintain its Monetary Policy Rate (MPR) at 29% for the…
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