BUSINESS NEWS
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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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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…
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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…
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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…
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Ghana’s debt to GDP to hit 104.6%
THE WORLD Bank has classified Ghana as a high debt distress country. According to the international financial institution, the country’s…
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Ghana retains seat on ITU Council
Ghana has been re-elected to the Council of the International Telecommunication Union (ITU) for the 2023 to 2026 term. The…
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Africa food prices soaring amid high import reliance
Staple food prices in sub-Saharan Africa surged by an average 23.9 per cent in 2020-22—the most since the 2008 global…
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AfCFTA Targets $450m Untapped SMEs Market
The African Continental Free Trade Area, (AfCFTA) says it is focusing on leveraging the economic potential of Small and Medium…
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Bank of Ghana increases policy rate to 17%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the policy rate by 250 basis points…
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