Business News
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…
Don’t implement new Customs law – Vehicle dealers urge government
August 17, 2022
Don’t implement new Customs law – Vehicle dealers urge government
The Vehicle and Assets Dealers Union of Ghana (VADUG) has called on government to stop the scheduled implementation of the…
Increase in tariffs will affect our businesses – Ghana Hotels Association
August 16, 2022
Increase in tariffs will affect our businesses – Ghana Hotels Association
Member of Ghana Hotels Association, Denzel Kwesi Humpreys has said that the hotel business will be affected adversely by the…
Any tarrif increase will be business-friendly – PURC
August 15, 2022
Any tarrif increase will be business-friendly – PURC
The Executive Director of the Public Utilities Regulatory Commission (PURC), Dr. Ishmael Ackah has hinted at a tarrif increment soon.…
EOCO must take up Labianca case – Murtala Mohommed
August 15, 2022
EOCO must take up Labianca case – Murtala Mohommed
A former Trades and Industry Minister has asked for the Economic and Organised Crime Office (EOCO) to take over the…