BUSINESS NEWS
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Gold4Oil: BoG considering implementation by commercial banks
The Bank of Ghana (BoG) is considering empowering commercial banks to take over the implementation of the Gold for Oil…
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Value of Ghana’s economy increased to GH₵841bn in 2023
The value of the economy in 2023 stood at GHS841.6bn relative to GH¢ 614.3bn representing a GH¢227bn increase from the…
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Ghana’s economy expanded by 2.9% in 2023
Latest data from the Ghana Statistical Service indicates that the cumulative growth of the economy stood at 2.9 percent in…
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Inflation for February 2024 drops to 23.2%
Latest data from the Ghana Statistical Service has revealed a decline in inflation, with the February figure standing at 23.2%.…
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BoG suspends GT Bank and FBN Bank Forex Trading Licences for breaches
The Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBN…
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Govt generated GH¢1.19bn from E-levy in 2023 – John Kumah
Deputy Minister of Finance, Dr. John Kumah, has disclosed that the government collected a total of GH¢1.19 billion in revenue…
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Ghana’s inflation inches up to 23.5% in January 2024
According to recent data released by the Ghana Statistical Service, inflation experienced a slight uptick in January 2024, reaching 23.5…
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BoG reduces Monetary Policy Rate to 29%
The Bank of Ghana (BoG) has lowered its Monetary Policy Rate by one percent. In effect, the rate that commercial…
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Fuel prices to go down effective January 17 – COPEC
Fuel consumers can expect some relief at the pumps as diesel and Liquefied Petroleum Gas (LPG) prices are set to…
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Ghana will re-engage bondholders next week – Ofori-Atta
Ghana will reengage with its international bondholders from next week, Finance Minister Ken Ofori-Atta told Reuters, as the country seeks…
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