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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)

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)