BUSINESS NEWS
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Bank of Ghana reduces policy rate to 27%
2 weeks ago
Bank of Ghana reduces policy rate to 27%
The monetary policy committee of the Bank of Ghana (BoG) has reduced the policy rate by 200 basis points from…
Ghana’s economy grows by 6.9% in second quarter of 2024
3 weeks ago
Ghana’s economy grows by 6.9% in second quarter of 2024
The latest data from the Ghana Statistical Service (GSS) indicates that the cumulative economic growth for the second quarter (Q2)…
Inflation continues downward trend, reaches 20.4% in August
4 weeks ago
Inflation continues downward trend, reaches 20.4% in August
Ghana’s year-on-year inflation rate slowed slightly in August, dropping to 20.4 percent from 20.9 percent in July, according to the…
Ghana set to raise cocoa farmgate price by nearly 45%, sources say
September 2, 2024
Ghana set to raise cocoa farmgate price by nearly 45%, sources say
Ghana will increase the state-guaranteed price paid to its cocoa farmers by nearly 45% for the 2024/25 crop season, two…
Virgin Atlantic returns to Ghana
September 2, 2024
Virgin Atlantic returns to Ghana
Virgin Atlantic has announced its return to Ghana with the relaunch of daily flights between Accra and London Heathrow, set…
Ghana’s debt rises to GH¢761bn
August 29, 2024
Ghana’s debt rises to GH¢761bn
As of July 31, 2024, Ghana’s provisional nominal central government debt stood at GH¢761.1 billion, equivalent to US$51.1 billion, according…
GRA pushes for comprehensive tax policy reforms to boost compliance
August 23, 2024
GRA pushes for comprehensive tax policy reforms to boost compliance
The Ghana Revenue Authority (GRA) has added its voice to the growing calls for comprehensive policy reforms to amend the…
Starlink to begin operations in Ghana by August 2024
August 22, 2024
Starlink to begin operations in Ghana by August 2024
Starlink is set to launch its operations in Ghana by the end of August 2024, following approval from the National…
Inflation continues downward trend, reaches 20.9% in July
August 14, 2024
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…
Gold for oil policy still on track – BoG
August 13, 2024
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…