Business News
Government to face difficult refinancing options in repaying maturing T-Bills – Report
September 27, 2022
Government to face difficult refinancing options in repaying maturing T-Bills – Report
According to the Weekly Fixed Income Update by Databank Research, a refinancing offer on October 3, 2022, may not…
We can get the IMF $3bn from SSNIT – Austin Gamey
September 27, 2022
We can get the IMF $3bn from SSNIT – Austin Gamey
In his view, SSNIT alone should be able to provide the government a substantial amount of money required to…
Dissolve SSNIT board – Austin Gamey
September 27, 2022
Dissolve SSNIT board – Austin Gamey
He posits that SSNIT is not supposed to be the property of government but the contributor therefore, organised labour must…
Vivo Energy hit with lawsuit over sale of water-laced fuel
September 20, 2022
Vivo Energy hit with lawsuit over sale of water-laced fuel
Vivo Energy Ghana Limited has been accused of negligence and sued after its Shell fuel station near Adomi Bridge at…
Cedi strengthens against dollar; $750m Afreximbank loan, BoG actions yielding results
August 29, 2022
Cedi strengthens against dollar; $750m Afreximbank loan, BoG actions yielding results
The value of the cedi has begun strengthening against the US dollar, following its consecutive sharp depreciation against the American…
Govt expects IMF cash to hit account in Q4 this year as Fitch predicts Ghana to receive $3bn
August 29, 2022
Govt expects IMF cash to hit account in Q4 this year as Fitch predicts Ghana to receive $3bn
Government spokesperson on Governance and Security, Mr Palgrave Boakye-Danquah has revealed that the fund from the International Monetary Fund (IMF) is expected…
First tranche of Cocoa Syndicated Loan to hit BoG account in October 2022
August 25, 2022
First tranche of Cocoa Syndicated Loan to hit BoG account in October 2022
The first tranche of $1.3 billion COCOBOD Cocoa Syndicated Loan is expected to hit the Bank of Ghana’s (BoG) account…
Databank, Black Star Brokerage not advisors to government – Finance Ministry dismisses social media report
August 19, 2022
Databank, Black Star Brokerage not advisors to government – Finance Ministry dismisses social media report
The Ministry of Finance has dismissed social media reports that Databank and Black Star Brokerage – linked to Finance Minister,…
BoG increases policy rate to 22%; cost of borrowing to shoot up significantly
August 18, 2022
BoG increases policy rate to 22%; cost of borrowing to shoot up significantly
The Bank of Ghana has increased the policy rate by 300 basis points to 22%, after an Emergency Monetary Policy…
EOCO to go after tax defaulters
August 17, 2022
EOCO to go after tax defaulters
The Economic and Organized Crime Office (EOCO) has indicated that it will go after tax defaulters in order to recover…