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Banks may struggle in 2023 if global conditions do not improve – IMF
October 12, 2022
Banks may struggle in 2023 if global conditions do not improve – IMF
The International Monetary Fund is predicting a gloomy picture for the banking sector in developing countries including Ghana in the…
Inflation increases to 37.2% in September 2022
October 12, 2022
Inflation increases to 37.2% in September 2022
Inflation in Ghana increased to 37.2% in September from 33.9% in August, the Ghana Statistical Service said on Wednesday. According…
Ghana, Ukraine sign MoU to boost trade
October 12, 2022
Ghana, Ukraine sign MoU to boost trade
The Ghana National Chamber of Commerce and Industry (GNCCI) and the Council of Exporters and Investors under the Ministry of…
Budget deficit financing hurts but unavoidable – BoG Governor admits
October 10, 2022
Budget deficit financing hurts but unavoidable – BoG Governor admits
THE Bank of Ghana (BoG) has admitted that the continuous financing of the deficit by the central bank is hurting…
GRA closes China Mall for refusing to fix electronic VAT system
October 10, 2022
GRA closes China Mall for refusing to fix electronic VAT system
The enforcement team of the Ghana Revenue Authority (GRA) has locked the Chinese retail shop, China Mall, and its warehouses…
Development Bank pumps GH¢245m into SMEs
October 10, 2022
Development Bank pumps GH¢245m into SMEs
The Development Bank Ghana (DBG) has so far disbursed about GH¢245 million to its partner financial institutions for on-lending to…
E-Levy Rakes ¢328.80m– GRA
October 8, 2022
E-Levy Rakes ¢328.80m– GRA
The Electronic Transaction levy commonly called E-levy has raked in ¢328.80million as at September 2022, the Ghana Revenue Authority (GRA)…
We are coming after you – GRA warns tax defaulters
October 8, 2022
We are coming after you – GRA warns tax defaulters
The Ghana Revenue Authority (GRA) has vowed to clamp down on entities that fail to comply with tax obligations. This…
We can’t pay compensation to customers- ECG to PURC
October 7, 2022
We can’t pay compensation to customers- ECG to PURC
The Electricity Company of Ghana has ruled out any compensation for customers who were unable to buy electricity credits because…
Monetary Policy Rate increased to 24.5%
October 6, 2022
Monetary Policy Rate increased to 24.5%
The Monetary Policy Rate has been increased by 250 basis points to 24.5 percent. The Bank of Ghana has said…