Banks appetite for T-bills to drop; Loan book to expand – Report

March 27, 2024 Banks’ appetite for treasury bills in favour of lending is expected to drop following the increase in the Cash Reserve Ratio (CRR) of banks. The Bank of Ghana (BoG) adjusted the Cash...

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March 27, 2024 / Comments (0)

Fuel prices to go up in second quarter – Economist

March 27, 2024 As the Ghanaian cedi continues to struggle against the major trading currencies, economist and Dean of the University of Cape Coast Business School, Professor John Gatsi, is predicting a...

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March 27, 2024 / Comments (0)

Second review of three-year $3bn IMF programme to take place April 2 to 12

March 27, 2024 The Ministry of Finance has announced that the second review of the three-year, $3 billion IMF-supported Post-COVID-19 Programme for Economic Growth (PC-PEG) is set to take place from April...

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March 27, 2024 / Comments (0)

Bond market: market turnover dropped by 68% to GH¢564.40m

March 27, 2024 The total volume exchanged on the secondary bond market for Government of Ghana papers lost steam last week. Market turnover declined sharply by 68.0% week-on-week to GH¢564.40 million...

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March 27, 2024 / Comments (0)

Average lending rate narrows to 32.77% in February 2024 – BoG

March 25, 2024 Average lending rate narrowed to 32.77% in February 2024, from 33.75% per annum in December 2023, according to data from the Bank of Ghana. This is equivalent to 2.73% per month on loans...

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March 25, 2024 / Comments (0)

Report tax officers who harass you – GRA

March 22, 2024 The Ghana Revenue Authority (GRA) has urged taxpayers who feel harassed by its officers to report to their respective tax offices for resolution. Concerns have arisen regarding alleged...

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March 22, 2024 / Comments (0)

Size of Ghana’s economy hits GH¢841.63bn in 2023 – GSS

March 21, 2024 The size of Ghana’s economy stood at GH¢841.63 billion in 2023, the Ghana Statistical Services has revealed. This includes net indirect taxes estimated at GH¢58.74 billion. In 2022, the...

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March 21, 2024 / Comments (0)

GRA urges public collaboration to expose tax evaders

March 20, 2024 The Ghana Revenue Authority (GRA) has called on Ghanaians to collaborate with the authority to expose tax evaders, whose actions impede the country’s economic development. “Persons who...

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March 20, 2024 / Comments (0)

Ghana’s economy grew by 2.9% in 2023 – GSS

March 20, 2024 Ghana’s economy recorded a 2.9% Gross Domestic Product (GDP) growth in 2023, stronger than the revised 1.5% by the Finance Ministry. The growth rate is slower than the 3.1% recorded in...

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March 20, 2024 / Comments (0)

Petrol, diesel prices to remain same; LPG to go up 4% – IES

March 20, 2024 The prices of petrol and diesel are expected to stay the same for the next two weeks, the Institute for Energy Security has revealed. However, that of Liquefied Petroleum Gas (LPG) will go...

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March 20, 2024 / Comments (0)