Ecobank Ghana PLC records 40.3% revenue growth in 2022

June 14, 2023 ECOBANK Ghana PLC has despite the shocks of the Domestic Debt Exchange Programme and the general decline of the Ghanaian economy, the bank managed to increase its total revenue for 2022 by...

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June 14, 2023 / Comments (0)

Ghana has long way to restructure its debt; second round of DDEP expected – Fitch

June 14, 2023 Ghana has a long way to go to restructure its more than 400 billion debt, rating agency, Fitch, said. According to the UK-based firm, there could be a second round of the Domestic Debt...

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June 14, 2023 / Comments (0)

Inflation for May 2023 increases marginally to 42.2%

June 14, 2023 The year-on-year Inflation for May 2023 jumped to 42.2% from 41.2 % recorded in April 2023. The marginal increase was largely influenced by a spike in Food Inflation during the period....

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June 14, 2023 / Comments (0)

Ghana’s local currency ratings upgraded by Moody’s

June 13, 2023 Moody’s Investors Service has upgraded the Government of Ghana’s local currency long-term issuer rating from Ca to Caa3, with a stable outlook. The local currency rating has...

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June 13, 2023 / Comments (0)

Reduce duties on raw materials at the ports – AGI to government

June 7, 2023 The Chief Executive of the Ghana Association of Industries (AGI), Seth Twum Akwaboah, has called for a reduction in duties paid on raw materials used in printing and packaging in the...

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June 7, 2023 / Comments (0)

IMF proposes acquisition, mergers of banks to mitigate financial sector instability

June 7, 2023 The International Monetary Fund (IMF) is asking government to consider a possible acquisition and mergers of banks and other non-bank financial instructions as part of moves to mitigate the...

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June 7, 2023 / Comments (0)

Five financial bills to be laid before Parliament as MPs return today

June 7, 2023 The Revenue Administration Regulations, 2023, along with several other financial bills are to be laid before Parliament as the House reconvenes today, Tuesday, June 6. The other Bills are...

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June 7, 2023 / Comments (0)

World Bank maintains 1.6% growth rate for Ghana in 2023

June 7, 2023 The World Bank has maintained its 1.6% Gross Domestic Product (GDP) growth forecast for Ghana in 2023, far lower than the expected 3.2% for Sub-Saharan Africa. This places it in the 42nd...

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June 7, 2023 / Comments (0)

GIZ inaugurates auto diagnostics centre at Suame Magazine

June 7, 2023 The German Agency for International Development Cooperation (GIZ) has inaugurated an auto diagnostics training centre at Suame Magazine Industrial area to scale up income opportunities and...

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June 7, 2023 / Comments (0)

Ecobank unveils its Single Market Trade Hub promoting intra-African trade

June 7, 2023 Ecobank Group, the leading Pan-African banking Group, has unveiled its ‘Ecobank Single Market Trade Hub’ today as part of its commitment to promoting intra-African trade. The Ecobank...

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June 7, 2023 / Comments (0)