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Cedi rallies on debt exchange announcement

December 7, 2022 There are early indications to suggest that the currency and debt markets are responding favourably to details of the Ghana Domestic Debt Exchange Programme, with the cedi recording a...

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December 7, 2022 / Comments (0)

Cedi strengthens in value against dollar; 1$ now ¢13.70

December 7, 2022 The Ghana cedi strengthened in value against the dollar almost a day after the government launched the Debt Exchange Programme. The local currency also improved in value against the other...

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December 7, 2022 / Comments (0)

Zero VAT on locally assembled vehicles a game-changer  – Silver Star Auto CEO

December 7, 2022 Chief Executive Officer (CEO) of Silver Star Auto Ltd, Asad Nazir, has revealed that the free Value Added Tax (VAT) on locally assembled vehicles is a game-changer to saving Ghanaians a...

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December 7, 2022 / Comments (0)

Cedi likely to strengthen against dollar amidst debt sustainability outlook 

December 7, 2022 The Ghana cedi is likely to strengthen against the US dollar and other major foreign currencies amidst clarity on Ghana’s debt sustainability outlook, many analysts have projected....

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December 7, 2022 / Comments (0)

E-commerce in Ghana – statistics & facts

December 7, 2022 Online purchases in Ghana have experienced continuous growth over the last few years. This development has been facilitated by several factors, such as the nationwide provision and...

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December 7, 2022 / Comments (0)

Parliament approves 2023 budget

December 7, 2022 Parliament has approved the 2023 Budget Statement and Economic Policy despite opposition from the Minority on the revenue mobilization measures. The House has been debating the statement...

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December 7, 2022 / Comments (0)

Selling price inflation hits record high

December 7, 2022 Business conditions in Ghana’s private sector continued to deteriorate markedly in November, as currency weakness and steep inflationary pressures hit demand. In fact, the latest increase...

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December 7, 2022 / Comments (0)

Germany commits €82m grant to economy

December 7, 2022 The Government of the Federal Republic of Germany has committed to invest about €82 million in grants into critical sectors of the Ghanaian economy next year. The German government made...

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December 7, 2022 / Comments (0)

Domestic debt exchange: No haircut on treasury bills, principal bonds – Gov’t

December 6, 2022 Government has announced that there will be no “haircut” on the principal of bonds and that individuals with government bonds will have their full investments on maturity. In a public...

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December 6, 2022 / Comments (0)

World first: Bosch and Mercedes-Benz’s driverless parking system approved for commercial use

December 6, 2022 Stuttgart, Germany – Bosch and Mercedes-Benz have reached an important milestone on the way to automated driving: Germany’s Federal Motor Transport Authority (KBA) has approved their...

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December 6, 2022 / Comments (0)