BUSINESS NEWS
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Cedi hits ¢12.10 to a dollar
The Ghana cedi has breached the ¢12 mark within just a week, selling at ¢12.10 at most forex bureaus or…
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This should be the last time Ghana goes to the IMF – Mahama
This should be the last time Ghana is going to the International Monetary Fund (IMF) for support, former President John…
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NPA Fines 9 Oil Companies GH¢2.2m For Unlawful Lifting
The National Petroleum Authority (NPA) has sanctioned nine oil marketing companies for engaging in illicit third-party trading of petroleum products,…
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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…
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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…
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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…
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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…
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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…
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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…
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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)…
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