BUSINESS NEWS
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Bank of Ghana: No Ban on Over-the-Counter Dollar Withdrawals
The Bank of Ghana (BoG) has clarified that there is no ban on over-the-counter (OTC) cash withdrawals in foreign currency…
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Ghana to phase out crude oil in power generation – Mahama
Ghana is seeking to phase out the use of crude oil in its power generation mix over the medium term,…
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Govt cannot force price reductions – Trade Minister
The Minister for Trade, Industry, and Agribusiness, Elizabeth Ofosu-Adjare, has said that the government cannot compel traders to reduce prices,…
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Bank of Ghana to celebrate Cedi’s 60th anniversary with nationwide events
The Bank of Ghana will, from July 19, 2025, roll out a series of national events to commemorate 60 years…
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Traders in Makola and Okaishie markets hesitant to lower prices despite cedi’s recent strengthening
Some traders within the Makola and Okaishie business hubs are pushing back against mounting calls to immediately reduce the prices…
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GTA targets renewable energy to reduce hotel costs
The Ghana Tourism Authority (GTA) is exploring innovative strategies to reduce and stabilize hotel rates by promoting the integration of…
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Effia MP credits NPP’s solid groundwork for recent cedi strengthening
Isaac Boamah-Nyarko, Member of Parliament for Effia, has downplayed claims that the current administration is solely responsible for Ghana’s recent…
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World food prices expected to fall 7% in 2025 due to significant rice price reductions
Global food prices are expected to decline for a second consecutive year in 2025, driven primarily by a significant slump…
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Ghana Statistical Service pushes for targeted measures to maintain falling inflation post-April drop
The Ghana Statistical Service (GSS) is urging coordinated efforts from households, businesses, and government to maintain the country’s current disinflation…
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Experts call for ongoing reforms to strengthen economic progress under Mahama’s leadership
Economic, trade, and agribusiness analysts are calling for deliberate policy reforms and targeted investments to sustain the early gains achieved…
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