hilarykodji
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Local insurance cover for marine cargoes: The new regime

April 26, 2023 Finally, after decades of wrangling and the passing of three versions of the Insurance Act that governs how insurance is provided in Ghana – each an upgrade of the previous law – local...

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April 26, 2023 / Comments (0)

Bond market: trading rebounded after sluggish activity

April 26, 2023 Trading activity in the Ghanaian secondary bond market gained some momentum, as aggregate volume traded surged last week to ¢331.54 million. Investor interest in the new bonds was slightly...

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April 26, 2023 / Comments (0)

Fitch downgrades Ghana’s borrowing capacity to ‘Restrictive Default’

April 26, 2023 Fitch Ratings has downgraded Ghana’s Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to ‘RD’ from ‘CCC’. It has also downgraded to ‘CC’ from ‘CCC’ and...

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April 26, 2023 / Comments (0)

Producer Price Inflation falls to 43.7% in March 2023

April 19, 2023 Year-on-year inflation at factory gate prices for all goods and services fell to 43.7% in March 2023, from 50.8% recorded February 2023, according to the Ghana Statistical...

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April 19, 2023 / Comments (0)

Akufo-Addo gives assent to the three new tax bills

April 19, 2023 President Nana Addo Dankwa Akufo-Addo has assented to the three revenue bills passed by Parliament on the last day of sitting before Easter. The bills are the Excise Duty Amendment Bill...

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April 19, 2023 / Comments (0)

Food inflation may go up due to 3 new taxes- Chamber of Agribusiness

April 19, 2023 A Director of Policy and Research Bureau at the Chamber of Agribusiness Ghana, Kojo Ahiakpa, has opined that the three taxes assented to by the president may cause food inflation to rise....

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April 19, 2023 / Comments (0)

Economy expands by 3.1% in 2022 – GSS

April 19, 2023 Provisional estimates from the Ghana Statistical Service indicates that Ghana’s economy expanded by 3.1% in 2022, 0.6% lower than 3.7% forecast by the government. This is below Ghana’s...

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April 19, 2023 / Comments (0)

Business fraternity outraged by Akufo-Addo’s assent to 3 new taxes

April 18, 2023 The Food and Beverages Association of Ghana (FABAG) has described the signing of the three revenue bills into laws by the President as disappointing. FABAG says these revenue policies go...

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April 18, 2023 / Comments (0)

Cedi to exhibit mixed performance against dollar this week

April 18, 2023 The Ghana cedi is expected to exhibit mixed performance against the US dollar for the second week running. This is because of the uncertainty characterising the expected International...

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April 18, 2023 / Comments (0)

Bond market: Trade on government bonds falls 90.12%

April 18, 2023 Trading activity slumped on the secondary market last week, as total value traded on Government of Ghana bonds decreased 90.12% to ¢23.50 million. According to the trading results, trades...

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April 18, 2023 / Comments (0)