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Parliament agrees on 23 July to have the 2024 mid-year budget review by the finance minister.
The Bank of Ghana has reminded banks, Specialised Deposit-Taking Institutions and the public that persons who have been directly implicated in the 2017-2019 Financial Sector clean-up, and all previous directors of failed banks and Specialized D
Government rejects claims that the L.I on cement pricing is anti-business and will affect the businesses of cement manufacturers
Ghana Purchasing Managers’ Index (PMI) dipped to 49.7 in June 2024 from 51.6 in May, according to S&P Global. The index signalled a marginal monthly deterioration in business conditions, ending a four-month sequence of improvement. According to
The Chief Executive for the Ghana Investments Promotion Centre (GIPC), Yofi Grant has defended the decision to amend the GIPC law to take out the capital requirements for foreign businesses. According to him, the move is geared towards ensuring
More Oil Marketing Companies (OMC) have increasing prices of petroleum products at the pumps. GOIL and Shell are the latest to increase the prices of diesel and petrol rom today July 2, 2024. Both OMCs are selling a litre of Petrol at ₵14.80 an
The International Monetary fund says it is very committed in helping Ghana stabilize its economy.
The Finance Minister is expected to present the 2024 Mid-Year Budget review on July 12th or 15th.This comes days after the Minister announced an end to the country's debt restructuring as part of the International Monetary Fund's (IMF) condit
The Bank of Ghana (BoG) has reviewed rules covering advance payments for imports of goods and services to the country. This was contained in a statement published by the central bank to regulate the sector. The review will take effect from July
Key players within the industry sector urge government to direct savings made from the debt restructuring programme into productive sectors of the economy.
Fitch Solutions has revised Ghana’s real Gross Domestic Product (GDP) growth for 2024 to 4.3%, from the previous 3.8%.The London-based firm is also forecasting an expansion of the Ghanaian economy by 4.5% in 2025.
Finance Minister Dr Mohammed Amin Adam has announced the completion of Ghana’s debt restructuring programme with its official creditors. Addressing attendees at a UK Town Hall meeting, Dr Amin Adam highlighted that these efforts have resulted i
The Committee of holders of Ghana’s Eurobonds has announced that it has reached an agreement in principle with the government of Ghana on a restructuring of the Eurobonds.
The Ghana Revenue Authority goes after public institutions and other firms as it embarks on an operation to collect taxes owed by institutions to the state.
The Ghana cedi lost 3.88% in value to the US dollar last week on the spot market increasing its year-to-date depreciation to 21.20%.
The Ghana Statistical Service (GSS) has announced that the country’s gross domestic product (GDP) is estimated to have increased by 4.7 percent in the first quarter (January to March) of 2024. Compared to the fourth quarter (October to December
Interest rates tumbled once again across the yield curve, in line with falling inflation. The 91-day yield eased to 24.85% from the prior week’s 25.03%.
Inflation for the month of May 2024 slightly decreased to 23.1%. This represents a decline of 1.95% points from that of the month of April which was at 25.0%.
The multi-dimensional poverty index launched by the Ghana Statistical Service indicates that the employment status of the head of a family has a direct impact on the poverty status of people within the family.
Mr. Boakye raises concern over Ghana’s declining reliability in the export of power export market. Increasingly, we are encouraging other countries to build their own solutions. It may be expensive, but when they commit to it, they don't have a
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