BUSINESS NEWS
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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…
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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…
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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…
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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…
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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,…
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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…
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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…
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We are confident of meeting IMF conditions for fiscal consolidation – Finance Minister
Government has stated that it is certain of meeting the International Monetary Fund’s (IMF) requirements for fiscal consolidation in its…
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BoG maintains policy rate at 29.5%
The Monetary Policy Committee of the Bank of Ghana has maintained the policy rate at 29.5 per cent. Although inflation…
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Ghana had pre-existing fiscal and debt vulnerabilities – IMF
The International Monetary Fund (IMF) has revealed that Ghana’s pre-existing fiscal and debt vulnerabilities were exacerbated by large external shocks…
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