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Ghana’s 2023 growth rate could be higher than 1.5% – Report

September 27, 2023 Ghana’s Gross Domestic Product (GDP) growth outturn in 2023 could be higher than the 1.5% envisaged under the International Monetary Fund (IMF) programme, GCB Capital has stated. It...

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September 27, 2023 / Comments (0)

Bond market: Total market turnover dips 26.86% to ¢160.04m

September 27, 2023 The secondary bond market was lackluster last week, with a lifeless week opening and a rebound in the last two trading sessions. Investors exchanged ¢160.04 million across various...

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September 27, 2023 / Comments (0)

Monetary policy rate held steady at 30%

September 26, 2023 The Bank of Ghana has maintained the monetary policy rate at 30 per cent after reviewing developments in the economy. This means that the lending rate in the country will remain steady. It...

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September 26, 2023 / Comments (0)

Average lending rate remains within 31% bracket

September 26, 2023 Average lending rate continue to remain within the 31% bracket after falling from a high of 35.8% in January 2023 to 31.15% in June 2023. This is equivalent to an average of 2.583% per...

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September 26, 2023 / Comments (0)

Tax analyst urges operationalization of tax appeals board

September 25, 2023 Tax analyst Francis Timore Boi has voiced serious concerns about the non-operationalization of the tax appeal board. He emphasizes the pivotal role an efficient tax board plays in promoting...

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September 25, 2023 / Comments (0)

Cedi depreciates against the dollar by 22.5%

September 25, 2023 The Bank of Ghana has pegged the depreciation of the cedi to the American greenback at 22.5 percent as of the September 2023. One will now need GHS 11.07 to exchange a dollar on the...

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September 25, 2023 / Comments (0)

GRA fights off claims of harassing traders; calls for cooperation

September 25, 2023 The Ghana Revenue Authority (GRA) has appealed to the business community to collaborate with its taskforce as the Authority moves to engage leadership of traders to address concerns over...

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September 25, 2023 / Comments (0)

Ghana’s economy records 3.2% growth in quarter 2, 2023; 0.1% lower than quarter 1

September 22, 2023 Provisional estimate from the Ghana Statistical Service indicates that Ghana’s economy recorded a 3.2% growth rate in quarter two (April to June) of 2023. This is compared to 3.5%...

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September 22, 2023 / Comments (0)

Businesses cited for non-compliance with VAT regulations

September 18, 2023 The AH Hotel in East Legon has been found to be in violation of the country’s Value Added Tax (VAT) regulations. An inspection by the domestic tax compliance taskforce of the Ghana...

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September 18, 2023 / Comments (0)

Global debt returns to rising trend; higher than pre-pandemic era – IMF

September 13, 2023 Global debt is returning to its rising trend, the International Monetary Fund has warned. In a report, it said although global debt recorded another significant decline in 2022, it is still...

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September 13, 2023 / Comments (0)