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Bond market: Total market turnover increased by 45% to ¢582.64m

October 11, 2023 Trading on the secondary bond market was upbeat last week. This is partly on the back of positive remarks from the International Monetary Fund, following the first review of Ghana’s $3...

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October 11, 2023 / Comments (0)

IMF lowers Ghana’s growth rate further to 1.2%

October 11, 2023 The International Monetary Fund has further lowered Ghana’s growth rate to 1.2%, from the July 2023 forecast of 1.6%. This is the second time the Fund has revised Ghana’s Gross Domestic...

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October 11, 2023 / Comments (0)

Inflation falls to 38.1 % in September 2023

October 11, 2023 Inflation for the month of September 2023 fell to 38.1% from the 40.1% recorded in August 2023. According to figures from the Ghana Statistical Service, both food and non-food inflation...

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October 11, 2023 / Comments (0)

Apply human face to tax compliance enforcement – GGEA to GRA

October 11, 2023 The Ghanaian German Economic Association (GGEA) has called on the Ghana Revenue Authority to apply a human face to its tax enforcement actions being rolled out. According to its president,...

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October 11, 2023 / Comments (0)

Daniel Sackey retires as MD of Ecobank Ghana; Joana Mensah appointed Acting MD

October 11, 2023 Ecobank Ghana PLC has announced the retirement of Daniel Sackey as the Managing Director, effective August 14, 2023, upon attaining the mandatory age. He accordingly steps down as a member...

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October 11, 2023 / Comments (0)

T-bills auction: Interest rates surge to 32.50%; government records marginal undersubscription

October 11, 2023 Interest rates continued to surge on the money market despite the government securing a marginal undersubscription of treasury bills auction. According to the auction results from the Bank...

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October 11, 2023 / Comments (0)

Petrol, LPG prices to go up marginally – IES

October 11, 2023 The Institute for Energy Security (IES) is projecting an increase in prices of all petroleum products, for the next pricing window, beginning today October 2, 2023. This is due to an...

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October 11, 2023 / Comments (0)

BoG commences development of framework to assess sustainability of banks – Governor

October 10, 2023 The Bank of Ghana has commenced the development of a Business Model and Viability Analysis (BMVA) Framework to enhance its supervisory practices for assessing the sustainability of banks’...

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October 10, 2023 / Comments (0)

Expand tax net – GGEA tells govt

October 6, 2023 The Ghanaian-German Economic Association (GGEA), an alliance of Ghanaian and German international companies and business executives, has stressed the need for the government to focus...

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October 6, 2023 / Comments (0)

Businesses could exit Ghana due to over-taxation-GGEA

October 6, 2023 President of the Ghanaian-German Economic Association (GGEA), Stephen Antwi, has cautioned against the over-taxation of businesses operating in the formal sector, as this could have dire...

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October 6, 2023 / Comments (0)