BUSINESS NEWS
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Transport operators threaten to increase fares by 20%
The Coalition of Transport Union and Association is threatening to increase transport fares by 20 percent if government fails to…
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Inflation for July rises to 43.1 per cent
The Year-on-year inflation for July 2023 has increased to 43.1 per cent compared to 42.5 percent recorded in June 2023,…
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COCOBOD extends deadline for debt exchange to August 18
The Ghana Cocoa Board (COCOBOD) has once again revised the deadline for its debt exchange programme to Friday August 18…
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Fitch affirms Ghana’s rating at ‘Restricted Default’
Fitch Ratings has affirmed Ghana’s Long-Term Foreign-Currency (LTFC) and Long-Term Local-Currency (LTLC) Issuer Default Ratings (IDR) at Restricted Default (RD).…
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Mobile Money transactions hit ¢859bn in half-year 2023 – BoG
Total Mobile Money Transactions reached a record ¢859 billion in the first six months of 2023, data from the Bank…
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Gov’t slaps 21% VAT on Facebook advertisement from August 1
Government has imposed a 21 percent VAT on advertisement on social media platform, Facebook. The newly introduced charge takes effect…
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Gold for Oil policy has significantly contributed to economic stability – BoG Governor declares at Mining Expo
Ghana’s Gold for Oil policy has contributed significantly to enhancing economic stability in recent times, the Governor of the Bank…
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Ghana commences US dollar denominated domestic debt exchange programme
The government is seeking the full participation from all investors in its dollar denominated bonds to restructure debts totalling about…
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Ghana’s inflation rises marginally to 42.5%
Ghana’s inflation rate climbed to a three-month high in June, primarily driven by soaring food prices. After reaching a more…
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Contingency Fund now stands at GH¢200 million – Ofori-Atta
The Contingency Fund, into which money voted by Parliament shall be paid and utilised, currently has a credit balance of…
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