BUSINESS NEWS
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Ghana commences US dollar denominated domestic debt exchange programme
July 15, 2023
Ghana commences US dollar denominated domestic debt exchange programme
The government is seeking the full participation from all investors in its dollar denominated bonds to restructure debts totalling about…
Ghana’s inflation rises marginally to 42.5%
July 12, 2023
Ghana’s inflation rises marginally to 42.5%
Ghana’s inflation rate climbed to a three-month high in June, primarily driven by soaring food prices. After reaching a more…
Contingency Fund now stands at GH¢200 million – Ofori-Atta
July 11, 2023
Contingency Fund now stands at GH¢200 million – Ofori-Atta
The Contingency Fund, into which money voted by Parliament shall be paid and utilised, currently has a credit balance of…
BoG suspends First National Bank, Fidelity Bank from Forex Trading
June 29, 2023
BoG suspends First National Bank, Fidelity Bank from Forex Trading
The Bank of Ghana has taken strict action against Fidelity Bank and First National Bank Ghana Limited, imposing a combined…
Telecommunication network AirtelTigo rebrands as AT
June 22, 2023
Telecommunication network AirtelTigo rebrands as AT
AirtelTigo, a leading telecommunication network, has officially changed its brand name to AT, effective Thursday, June 22, 2023. In November…
Ghana first quarter real GDP increases by 4.2% – GSS
June 21, 2023
Ghana first quarter real GDP increases by 4.2% – GSS
Ghana’s provisional real Gross Domestic Product (GDP) in volume terms is estimated to have increased by 4.2 per cent in…
Only two countries in Africa do not import oil – Dangote
June 20, 2023
Only two countries in Africa do not import oil – Dangote
There are 54 countries in Africa. More than 20 produce oil, and five of these countries are part of the…
Inflation rises to 42.2% in May
June 14, 2023
Inflation rises to 42.2% in May
Inflation for May 2023 has experienced a marginal increase, rising from 41.2% in April 2023 to 42.2%. The Government Statistician,…
Moody’s upgrades Ghana’s local currency ratings to Caa3 from Ca, maintains stable outlook
June 12, 2023
Moody’s upgrades Ghana’s local currency ratings to Caa3 from Ca, maintains stable outlook
Moody’s Investors Service (Moody’s) has upgraded the Government of Ghana’s local currency long-term issuer rating from Ca to Caa3, and…
Remove non-tariff barriers to push AfCFTA – Sir Sam Jonah
June 6, 2023
Remove non-tariff barriers to push AfCFTA – Sir Sam Jonah
The full potential of the African Continental Free Trade Area (AfCFTA) initiative can be realised if significant investment is made…