Utility tariffs up; 29.96% for electricity, 8.3% for water

January 17, 2023 The Public Utilities Regulatory Commission (PURC) has announced an upward review of electricity and water tariffs for the first quarter of 2023. The new tariffs, which take effect February...

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January 17, 2023 / Comments (0)

Gov’t extends Debt Exchange Programme yet again; to Jan. 31

January 16, 2023 The government has yet again extended the Domestic Debt Exchange (DDE) Programme. This will be the second extension given after agitations among individual bondholders to sign on to the...

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January 16, 2023 / Comments (0)

Petrol now sells at ¢13.90 with diesel going for ¢15.60 per litre

January 16, 2023 Some Oil Marketing Companies (OMCs) have becoming increasing the prices of petroleum products at the pumps. The marginal increase is due to the depreciation of the cedi and the slight...

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January 16, 2023 / Comments (0)

Bond market turnover increased 150% as investors prepare for debt exchange programme

January 11, 2023 Total market turnover on the bond market increased by 150.30% to ¢1.17 billion during the week under review as more bond transfers were recorded. The bond transfers are said to be in...

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January 11, 2023 / Comments (0)

Inflation ends 2022 at record 54.1%; lending rates to remain high

January 11, 2023 Inflation shot up by 3.8% to end 2022 at 54.1%, data from the Ghana Statistical Service (GSS) has revealed. Despite a strong improvement in the value of the cedi and a reduction in the...

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January 11, 2023 / Comments (0)

Cedi depreciates marginally to sell at ¢12 to a dollar

January 11, 2023 The Ghana cedi is now selling at ¢12 to the US dollar in the retail or forex market, following days of sustained stability. This is about 0.86% loss in value since the beginning of the...

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January 11, 2023 / Comments (0)

World Bank forecasts 2.7% growth rate for Ghana in 2023 

January 11, 2023 The World Bank is projecting a 2.7% expansion of the Ghanaian economy in 2023, lower than Sub-Saharan Africa average of 3.6%, its January 2023 Global Economic Prospects report has revealed....

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January 11, 2023 / Comments (0)

Equity market close 2022 on a positive

January 11, 2023 The Equity market closed the year with an increase in volume, value and the number of transactions, compared to the same period in 2021. However, the composite and financial stock indexes...

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January 11, 2023 / Comments (0)

1% E-Levy kicks off today – Traders, agents expect positive outcome

January 11, 2023 The Mobile Money Agents Association Of Ghana (MMAAG) has expressed the hope that the revised rate of the Electronic Levy (E-Levy) of one per cent, which takes off today, will help revive...

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January 11, 2023 / Comments (0)

Kasapreko Collaborates with GIZ to celebrate World AIDs Day

January 10, 2023 Deutsche Gesellschaft Für Internationale Zusammenarbeit (GIZ), in collaboration with Kasapreko Company Limited, organized a health screening for residents of the Kasoa community to raise...

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January 10, 2023 / Comments (0)