T-bills auction: Interest rates fall for first time in 37 weeks: government records 29% oversubscription

November 13, 2023 Interest rates fell for the first time after 36 weeks, confirming some analysts’ assertion that yields on Treasury bills are expected to peak around 30% to 33.5%. According to auction...

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November 13, 2023 / Comments (0)

IMF Board proposes 50% increase in quota allocated to members

November 8, 2023 The Executive Board of the International Monetary Fund has proposed a 50% quota increase allocated to members, including Ghana, in proportion to their current quotas. This will be...

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November 8, 2023 / Comments (0)

Bond market: Total market turnover declined 24.62% to ¢1.04bn

November 8, 2023 Trading of Government of Ghana papers in the local bond market declined by 24.62% week-on-week. However, the total weekly volume traded remained above ¢1.0 billion. Investors’ appetite...

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November 8, 2023 / Comments (0)

Ecobank Ghana, Access among top price gainers on GSE in October 2023

November 8, 2023 Ecobank Ghana (37.21%), Access (9.68%), BOPP (6.98%) and Asante Gold (0.11%) were the top price gainers on the Ghana Stock Exchange in October 2023. On the Equities market, the GSE...

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November 8, 2023 / Comments (0)

GGEA deepens relationship with Afrika Verein

November 8, 2023 The Ghanaian-German Economic Association (GGEA) has upgraded its long standing memorandum of understanding (MoU) with its German partner, Afrika Verein. In order to enhance the mutual...

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November 8, 2023 / Comments (0)

KPMG predicts doubling of Ghana’s growth rate in 2024

November 6, 2023 Auditing and Accounting firm, KPMG, is predicting a doubling of Ghana’s Gross Domestic Product (GDP) growth in 2024. The forecast, it said, is based on some expected foreign inflows which...

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November 6, 2023 / Comments (0)

T-bills auction: Interest rates up for 36th week running; government records 33% oversubscription

November 6, 2023 Interest rates went up for the 36th week running as the increasing cost of borrowing will bite the government in the future. The yield on the 91-day T-bill went up to 29.96% from the...

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November 6, 2023 / Comments (0)

Germany reinforces bilateral relations as Chancellor Scholz visits Ghana

November 2, 2023 Germany is setting a new tone on strengthening bilateral cooperation with Ghana as Chancellor Olaf Scholz visits the West African country. The visit, commencing on Tuesday, October 31,...

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November 2, 2023 / Comments (0)

GEPA and EU rally Ghanaian business to export to European markets

November 2, 2023 The Ghana Export Promotion Authority (GEPA) is rallying Ghanaian businesses to take full advantage of the economic partnership agreement between Ghana and the European Union to export goods...

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November 2, 2023 / Comments (0)

Government actions beginning to show marginal economic stability – KPMG 2024 Pre-Budget Survey

November 2, 2023 Accounting and auditing firm, KPMG, has stated that government actions are beginning to show in the marginal stability of the economy. Nonetheless, it explained that the headwinds of...

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November 2, 2023 / Comments (0)