BUSINESS NEWS
-
Gov’t intends to issue bonds worth GHS22.3 billion in first quarter
The government intends to issue more than 22.3 billion cedis worth of bonds in the first quarter, the Finance Ministry…
Read More » -
Ghana’s political meddling could derail its oil boom
Ghana has been one of the bright stars of the oil and gas market in the 2010s, ramping up its…
Read More » -
Economist raises concerns over reduction of lending rates
Courage Martey, an economist with Databank, has expressed worry over a non-foreseeable reduction of lending rates in the country. The…
Read More » -
Debt level worrying, debt to GDP to hit 80% in 2021 – Moody’s
Ghana’s economy could come under some pressure from the rising debt which is projected to hit about 80% of Gross…
Read More » -
Gov’t seeks local co-managers for the 2021 foreign bond issuances
The government has invited bids from local investment banks and investment advisors to serve as Co-Managers for the 2021 Medium…
Read More » -
BoG to ‘arrest’ cedi’s depreciation with US$775 million injection
As part of measures to ensure the economy has a stable local currency for the year, and especially in the…
Read More » -
MTN ‘MoMo’ Merchants to demand IDs for transactions from February 1
Effective February 1, 2021, users of MTN MoMo will be required to present a valid national ID card for transactions…
Read More » -
Fuel prices to increase by 3.12 percent from next week
Fuel prices are expected to increase by up to 3.12 per cent per litre from next week across various pumps…
Read More » -
Moody’s forecasts 4% growth rate for Ghana in 2021
The international rating agency, Moody’s, is forecasting a Gross Domestic Product (GDP) growth rate of 4.0% for Ghana this year.…
Read More » -
MTN Ghana drives benchmark index higher
Market Summary The benchmark index advanced by 11.74 points (+0.60%) to close at 1,967.52 with a 1.34% year-to-date return as…
Read More »