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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)

Bond market: Total market turnover declines by 72.03% to ¢78.75m

June 7, 2023 Trading activity on the secondary bond market lost steam last week as the 4-year and 5-year new bonds registered lower transactions than the preceding week. According to trading results, a...

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June 7, 2023 / Comments (0)

Global growth to slow to 2.1% in 2023; prospects clouded by financial risks – World Bank

June 7, 2023 Global growth has slowed sharply and the risk of financial stress in Emerging Market and Developing economies (EMDEs) is intensifying amid elevated global interest rates, according to the...

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June 7, 2023 / Comments (0)

Importers who qualify to register for VAT and have failed to do so will be charged an additional 12.5% – GRA

June 6, 2023 The Ghana Revenue Authority (GRA) has announced to the general public especially importers, that with the passage of the VAT (Amendment) Act, 2022 (Act 1082), all importers who qualify to...

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June 6, 2023 / Comments (0)

Ghana expected to reach moderate risk of debt distress by 2028 – IMF

May 31, 2023 Ghana is expected to reach a moderate risk of debt distress by 2028, the International Monetary Fund has disclosed in its Staff Report on Ghana. It pointed out that the bulk of the domestic...

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May 31, 2023 / Comments (0)

PURC justifies tariff adjustment expected to take place from tomorrow June 1

May 31, 2023 The Public Utilities Regulatory Commission (PURC) has justified its decision to adjust tariffs in the second quarter of 2023. According to the commission, the move is needed to sustain the...

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May 31, 2023 / Comments (0)

Fixed investment to grow at a low 1.3% in 2023 – Fitch Solutions

May 31, 2023 Fixed investment in Ghana will grow by a subdued 1.3% in 2023, below the 2015-2019 average of 2.7%, adding 0.3 percentage points to the headline growth. According to Fitch Solutions, this...

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May 31, 2023 / Comments (0)