Tag: Business

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IMF Executive Board approves Ghana’s $3billion bailout

May 17, 2023
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The Executive Board of the International Monetary Fund (IMF) has unanimously approved Ghana’s $ 3 billion bailout on…

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Too early to talk about price reduction due to Cedi gains – GUTA

May 17, 2023
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President of the Ghana Union of Traders Association (GUTA) Dr Joseph Obeng has said it will be premature…

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Ghana secures Paris Club financing assurance; set for IMF bailout

May 12, 2023
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China and the Paris Club have agreed to provide the debt assurances required to aid Ghana’s…

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Inflation rate drops to 41% in April 2023

May 10, 2023
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The inflation rate for April 2023 dropped to 41.2% from 45% in March 2023, the Ghana Statistical Service (GSS)…

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Business is picking up slowly – Kumasi traders lament as new taxes take effect

May 4, 2023
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Some traders in the Ashanti Regional capital, Kumasi have raised serious concerns over the new taxes,…

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Govt is not planning another domestic debt exchange with pension funds – Ofori-Atta

April 14, 2023
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The Minister of Finance, Ken Ofori-Atta has dismissed reports that the government is planning on a…

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Ghana will clinch IMF deal soon — Palgrave Boakye-Danquah

April 13, 2023
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Palgrave Boakye-Danquah, the government’s spokesperson for governance and security, claims that the government is systematically enforcing…

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MPC resets Cash Reserve Ratio on domestic currency deposits for banks to 14%

March 28, 2023
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The Monetary Policy Committee (MPC) of the Bank of Ghana decided to reset the Cash Reserve Ratio on…

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Ghana Gas hosts Ivorian delegation on bi-directional gas pipeline project

March 27, 2023
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As part of the Strategic Partnership Agreement (SPA) signed on October 17, 2017 by the heads…

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Innovation allows for job creation and we should strive towards that – First Deputy Governor

March 23, 2023
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First Deputy Governor of the Bank of Ghana (BoG) Dr. Maxwell Opoku-Afari has said that innovation allows for…