Private sector loans drop by 3.6%

July 11, 2018 The Bank of Ghana’s Monetary Policy Report for May, 2018, has revealed that credit advanced to the private sector moderated in both nominal and real terms, reducing by some 3.6 percent at...

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July 11, 2018 / Comments (0)

Cocoa sector growth attracts massive foreign investment

July 11, 2018 The consistent growth of the country’s cocoa sector has attracted massive foreign investments into an industry that has been the backbone of Ghana’s economy for decades, President of...

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July 11, 2018 / Comments (0)

Angela Merkel to visit Ghana in August

July 11, 2018 The Chancellor of the Federal Republic of Germany, Angela Merkel, will visit Ghana in August 2018 upon invitation of the President, Nana Addo Dankwa Akufo-Addo. Chancellor Merkel will be...

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July 11, 2018 / Comments (0)

Ghacem QLA Global Jury on a visit to assess Research projects

July 11, 2018 A member of the international jury of the ongoing Ghacem’s quarry life award competition, Mr. Stephane Riviere – who is also a Biodiversity and Natural Resources Expert-Global...

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July 11, 2018 / Comments (0)

NPLs reach GH¢8.6bn record high – BoG report

July 10, 2018 Despite moves by the central bank to sanitise the banking sector, the industry’s asset quality remains a source of concern as the Non-Performing Loans (NPLs) ratio remain high, the...

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July 10, 2018 / Comments (0)

GSE salivates over dawn of an era

July 10, 2018 The Ghana Stock Exchange (GSE) is optimistic of achieving in a year what it could not achieve in its 29-year-old history. By giving five institutions, including MTN Ghana, the nod to raise...

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July 10, 2018 / Comments (0)

Govt eyes GH¢2.9bn in extra revenue

July 10, 2018 After revenue collections fell below projection in the first quarter of the year, the government is now setting its eyes on GH¢2.9 billion in extra revenue to help fund priority...

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July 10, 2018 / Comments (0)

Mid-year budget review: Tax net needs widening, not deepening – Economist

July 9, 2018 A major issue that the mid-year budget must seek to address is to focus on increasing revenue, and this must not be done by increasing the rate of taxation as government has hinted it will,...

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July 9, 2018 / Comments (0)

Banks must cough up extra GH¢3bn …to meet Basel requirements

July 9, 2018 Even as banks race to meet the central bank’s GH¢400million minimum capital requirement, they will have to work concurrently on meeting the stringent Basel regulatory framework – being...

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July 9, 2018 / Comments (0)

Deficit to be capped at 5% of GDP from 2019

July 9, 2018 Government’s budget deficit will be capped at 5 percent of GDP from 2019 as part of measures aimed at preventing fiscal slippages, Vice President Dr. Mahamudu Bawumia has revealed. He...

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July 9, 2018 / Comments (0)