BUSINESS NEWS
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BoG withdraws FX support for importation of poultry, vegetable oils, others
The Bank of Ghana has revealed that it will no longer provide FX support for some food items imported into…
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Producer Price inflation rate hits 65.2%
The Producer Price Inflation (PPI) rate for October provisionally rose to 65.2 per cent from 45.9 per cent in September.…
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New minimum wage now GH¢14.88
The National Tripartite Committee in line with Section 113 (1) (a) of the Labour Act, 2003 (Act 651) has reviewed…
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Telcos contribute GH¢4.3bn in taxes
THE telecommunication industry contributed GH¢4.3 billion in taxes to the economy last year. The amount represented 7.7 per cent of…
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Gov’t opens YouStart portal
Government has opened the portal for the YouStart Ghana Jobs and Skills programme as part of its agenda to build…
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Petrol & diesel prices likely to decline, LPG to go up – COPEC
A brief and marginal relief may soon be on the way as the Chamber of Petroleum Consumers (COPEC) in its…
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Cabinet approves draft rent bill; expected in Parliament soon
Cabinet has given approval for the draft rent bill and recommended same for the consideration of Parliament, the Minister for…
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Free Zones to develop new Shama enclave for exports, AfCFTA – Michael Oquaye Jnr
The Ghana Free Zones Authority (GFZA) has signed a memorandum of understanding with a private developer for the development of…
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ECG’s debt to IPPs nears US$1bn
The Electricity Company of Ghana (ECG) owes Independent Power Producers (IPPs) some US$996million for power purchased. The arrears, accumulated between…
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Inflation hits 40.4% in October
Ghana’s year-on-year inflation rose to 40.4 per cent in October from 37.2 per cent in September, the Ghana Statistical Service…
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