BUSINESS NEWS
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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…
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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…
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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…
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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…
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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…
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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…
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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.…
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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…
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Be proactive to benefit from AfCFTA – AfroChampions urges businesses in Ghana
Almost a week after the commencement of the African Continental Free Trade Area (AfCFTA), businesses in Ghana, both small and…
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Engage more local contractors – Chamber of Construction Industry to Gov’t
The Ghana Chamber of Construction Industry has urged the government to engage local contractors in the construction of roads in…
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