Business News

Inflation jumps to 50.3% in November 2022, highest in 27 years

Inflation went up by 9.9% to 50.3% in the month of November 2022, according to latest figures from the Ghana…

Cedi appreciates as $1 now goes for ¢10.70

The Ghana cedi has in less than five hours today, December 14, 2022, gained 5.6% value against the US dollar, resulting in…

Over 50 shops in Abossey Okai closed due to default in loan repayment

Over 50 shops at the Abossey Okai Spare parts market have shut down their operations due to default in paying…

No excuses, transport fares must come down – COPEC

The Executive Secretary of Chamber Of Petroleum Consumers (COPEC), Duncan Amoah has entreated commercial transport operators to show a sign…

Fuel prices to fall significantly from December 16, 2022

Prices of petroleum products are expected to fall significantly beginning this Friday, December 16, 2022, the Institute for Energy Security…

We’ll not rush to reduce transport fares – GPRTU

The hopes of Ghanaians for a reduction in transport fares have been dashed after the General Secretary of the Ghana…

Consumer spending grows strongly in quarter 3, 2022; manufacturing activities also improve – BoG

Consumer spending, proxied by domestic VAT collections and retail sales, posted a positive performance in September 2022, compared with the…

Cedi now ¢11.50 to $1

The Ghana cedi has ramped up in value against the dollar after appreciating by more than 20% in less than…

Fuel prices to fall significantly from December 16, 2022

Prices of petroleum products are expected to fall significantly beginning this Friday, December 16, 2022, the Institute of Energy Security…

Ofori-Atta: $3bn IMF deal will help tackle inflation, strengthen cedi

The Finance Minister, Ken Ofori-Atta, has hailed the Staff-level Agreement with the International Monetary Fund for a new three-year arrangement…
Close