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IMF suggests govt may reintroduce 15% VAT on electricity as inflation declines

August 20, 2024 The International Monetary Fund (IMF) has revealed that the government may reinstate the suspended 15 percent value-added tax (VAT) on electricity if the inflation rate continues to...

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August 20, 2024 / Comments (0)

Banking stocks stage comeback on GSE; Ecobank leads gainers

August 20, 2024 Banking stocks remained at the centre stage on the Ghana Stock Exchange (GSE) after staging a comeback in quarter one 2024. They remained in the spotlight, closing the second quarter of...

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August 20, 2024 / Comments (0)

EcoBank Million Geng: 10 customers win GHS10k in promo draw, over 2,500 others rewarded

August 14, 2024 EcoBank Ghana Limited has reiterated its commitments to supporting businesses and their customers to stay buoyant in the prevailing economic quagmire befalling the country.  Under its...

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August 14, 2024 / Comments (0)

Ghana to rely on T-bills, multilateral and bilateral lenders for financing until 2027

August 14, 2024 Due to a lack of access to the international market, the government’s financing during 2024-2026 is expected to be limited to multilateral and bilateral partners and domestic treasury...

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August 14, 2024 / Comments (0)

Bond market: Turnover surged by 67.63% to GH¢1.5bn

August 7, 2024 Ghana’s secondary bond market rebounded with a 67.63% increase in turnover from the previous week. The February 2027 and February 2033 maturities dominated trading. This comprised...

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August 7, 2024 / Comments (0)

Stock market to sustain positive momentum through year-end

August 7, 2024 Brokerage firm, Databank is forecasting the positive performance of the Ghana Stock Exchange to continue in the second half with the stock market expected to close the year at 4,380 points....

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August 7, 2024 / Comments (0)

GIPC, GNCCI hold joint B2B meeting on Agric sector

August 7, 2024 The Ghana Investment Promotion Centre (GIPC) in collaboration with the Ghana National Chamber of Commerce & Industry (GNCCI) held a B2B meeting recently, focused on driving growth in...

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August 7, 2024 / Comments (0)

Inflation expected to reach 15% by end of 2024 – Amin Adam

August 7, 2024 Finance Minister and Member of Parliament for Karaga, Dr. Mohammed Amin Adam, has projected that Ghana’s inflation rate will reach 15% by the end of 2024. Speaking during a town hall...

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August 7, 2024 / Comments (0)

Fitch Solutions predicts 7% policy rate cut by BoG in 2025

August 7, 2024 Fitch Solutions forecasts that the Bank of Ghana’s Monetary Policy Committee (MPC) will reduce the policy rate by 7% in 2025. According to the agency, this reduction will be influenced by...

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August 7, 2024 / Comments (0)

GSE’s composite index makes 22.34% gains

August 7, 2024 The Composite index of the Ghana Stock Exchange increased by 2.02% in June, reaching 3,829.61 points. This brought the year-to-date gains to 22.34%. Additionally, the GSE Financial Stock...

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August 7, 2024 / Comments (0)