Bond market: Total market turnover up 18.09% to ¢1.40bn

December 13, 2023 Trading of Government of Ghana papers in the local bond market regained steam last week as the total weekly volume traded improved 18.09% week-on-week to ¢1.40 billion. The February 2027...

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December 13, 2023 / Comments (0)

Foreign exchange liquidity improves marginally; one dollar going for ¢12.15

December 13, 2023 The cedi is expected to continue its marginal gain this week as foreign exchange liquidity improves. This follows the Bank of Ghana’s timely intervention. Banks sought to exchange about...

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December 13, 2023 / Comments (0)

T-bills auction: Interest rates up again; Government records marginal oversubscription

December 13, 2023 Interest rates continued their upward trend as the government sustained its heavy borrowing on the money market. Indeed, the government’s appetite for borrowing continues to push yields...

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December 13, 2023 / Comments (0)

KPMG-GIPS Procurement Survey: 59% respondents claim organisations don’t have anonymous channels to report fraudulent activity

December 13, 2023 59% of respondents sampled by KPMG and the Ghana Institute of Procurement and Supply have indicated that their organisations do not have anonymous channels for reporting suspicious...

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December 13, 2023 / Comments (0)

Inflation to fall below 29% in November 2023 – Report

December 13, 2023 Research institution, IC Research, is forecasting a decline in inflation, potentially below 29.0% in November 2023. This, it believes, will make it possible to restore a positive real rate...

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December 13, 2023 / Comments (0)

German Cooperation and Ghana Free Zones secure electric bus to promote e-mobility and green economy

December 12, 2023 The German Federal Ministry Economic Cooperation, through its Invest for Jobs Initiative, has presented a 58- passenger capacity (38 seats and 20 standing capacity) electric bus to the...

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December 12, 2023 / Comments (0)

Government to borrow ¢94.4bn via T-bills in 2024

December 12, 2023 Government will borrow ¢94.4 billion via treasury bills in 2024 to finance its expenditure. This includes ¢31.8 billion buffer for auction shortfalls. Analysts believe the government will...

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December 12, 2023 / Comments (0)

GIPC to celebrate top Ghanaian businesses in 20th edition of GC100 awards

December 5, 2023 The Ghana Investment Promotion Centre (GIPC) will on December 8, 2023 host the milestone 20th Edition of its esteemed Ghana Club 100 awards, at the Grand Arena of the Accra International...

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December 5, 2023 / Comments (0)

Germany commits €145.9m to support Ghana

December 5, 2023 Ghana and Germany have signed an agreement on bilateral cooperation at the end of bilateral discussions in Berlin. The agreement focuses on climate and energy, good governance and...

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December 5, 2023 / Comments (0)

Cedi could trade steadily against dollar in December 2023; one dollar equals ¢12.15

November 29, 2023 The cedi could trade steadily against the dollar and other major foreign currencies in the month of December. This follows expected foreign inflows from the cocoa syndication loan. The...

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November 29, 2023 / Comments (0)