BUSINESS NEWS
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Bank of Ghana increases policy rate to 14.5%
The Bank of Ghana (BoG) has increased its policy rate from 13.5 per cent to 14.5 per cent, six months…
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Capital Bank was insolvent – Ato Essien
Chief Executive of defunct Capital Bank, William Ato Essien has admitted before a court in Accra that the bank was…
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Inflation rate for October 2021 hits 11%
The national year-on-year inflation rate was 11.0% in October 2021 – 0.4 percentage points higher than the 10.6% recorded in…
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Government completes takeover of AirtelTigo
The government of Ghana has completed the takeover of the ownership of AirtelTigo, Bharti Airtel has disclosed in a regulatory…
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Ghana ranked 6th investment destination in Africa
The Rand Merchant Bank (RMB), a corporate and investment banking arm of the First Rand Bank Limited, has ranked Ghana…
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GNPC acquires interest in Jubilee, TEN fields
In its quest to strengthen its foothold in the country’s oil and gas industry, the Ghana National Petroleum Corporation (GNPC)…
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Don’t invest in capital markets you don’t understand – SEC
Francis Boadu, Head of Department (HoD) in charge of Broker Dealers and Advisors at the Securities and Exchange Commission (SEC)…
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GHC1 and GHC2 notes to be phased out soon, says BOG
The Bank of Ghana (BoG) says it is getting ready to phase out the GHC1 and GHC2 notes in circulation.…
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BOST pays $585 million trade debt within four years – MD
The management of the Bulk Oil Storage and Transportation (BOST) Company Limited, has paid $585 million of its $624 million…
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Ghana bags US$829 million in FDI in first half of 2021 – Yofi Grant
The CEO of the Ghana Investment Promotion Centre (GIPC), Yofi Grant has disclosed that the country raked in about US$829…
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