Sharp drop in inflation to ease pressure on cedi; one dollar equals ¢12.23

December 19, 2023 The sharp drop in inflation in the month of November 2023 is expected to improve market sentiments and ease the pressure on the cedi in the near term. This is coming after the local...

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December 19, 2023 / Comments (0)

Petrol, diesel prices go down – IES  

December 19, 2023 Prices of petrol and diesel would fall marginally from this week, as a result of a decline in prices of finished petroleum products on the world market, the Institute for Energy Securities...

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December 19, 2023 / Comments (0)

Ghana’s bilateral creditors close to issuing MoU to aid IMF Board meeting on Ghana – World Bank Country Director

December 19, 2023 The World Bank Country Director, Pierre Frank Laporte, has revealed that the country’s bilateral creditors are close to “Issuing an Assurance” that will aid the IMF Board meeting on...

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December 19, 2023 / Comments (0)

GRA summons companies over VAT breaches

December 19, 2023 A swoop by the Ghana Revenue Authority (GRA) Accra South Compliance and Enforcement Team and the police has led to the arrest of a woman behind the operation of a chain of supermarkets and...

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December 19, 2023 / Comments (0)

Motor Insurance Premiums to go up by over 30% from January 2024

December 18, 2023 Motor insurance premiums are expected to be increased by more than 30% from January 2024. The increase is due to a 21% increase in Value Added Tax (VAT) that will be imposed on non-life...

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December 18, 2023 / Comments (0)

Inflation falls to 26.4% in November 2023

December 14, 2023 Inflation fell significantly to 26.4% in November 2023 from 35.2% recorded in October 2023. According to figures from the Ghana Statistical Service, food inflation was the major contributor...

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December 14, 2023 / Comments (0)

People are bearing the brunt of slow growth, volatile prices – WTO boss

December 13, 2023 The Director-General of the World Trade Centre (WTO) Ngozi Okonjo-Iweala in has said in her report to a meeting of the WTO’s Trade Negotiations Committee (TNC) on 12 December that...

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December 13, 2023 / Comments (0)

Bond market: Total market turnover up 18.09% to ¢1.40bn

December 13, 2023 Trading of Government of Ghana papers in the local bond market regained steam last week as the total weekly volume traded improved 18.09% week-on-week to ¢1.40 billion. The February 2027...

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December 13, 2023 / Comments (0)

Foreign exchange liquidity improves marginally; one dollar going for ¢12.15

December 13, 2023 The cedi is expected to continue its marginal gain this week as foreign exchange liquidity improves. This follows the Bank of Ghana’s timely intervention. Banks sought to exchange about...

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December 13, 2023 / Comments (0)

T-bills auction: Interest rates up again; Government records marginal oversubscription

December 13, 2023 Interest rates continued their upward trend as the government sustained its heavy borrowing on the money market. Indeed, the government’s appetite for borrowing continues to push yields...

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December 13, 2023 / Comments (0)