Ecobank Ghana to ease financial burden of shipping industry players

May 9, 2023 Ecobank Ghana has reiterated its continuous support to stakeholders in the maritime space by providing solutions to their financial needs.   According to the bank, it will ensure...

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May 9, 2023 / Comments (0)

Interest rates fall 15.1% since January 2023

May 9, 2023 Interest rates in Ghana have dropped by a significant 15.1%, the highest decline in Africa since January 2023. Yields on the money market were as high as 35% at the beginning of the year,...

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May 9, 2023 / Comments (0)

Ajay Banga selected 14th President of World Bank

May 4, 2023 The Executive Directors of the World Bank have selected Ajay Banga as President of the World Bank for a five-year term, beginning June 2, 2023. Ajay Banga most recently served as Vice...

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May 4, 2023 / Comments (0)

Fuel prices may remain unchanged due to cedi depreciation – IES

May 3, 2023 Prices of petroleum products may stay same for the next two weeks despite the reduction in the prices of the finish products on the world market. According to the Institute for Energy...

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May 3, 2023 / Comments (0)

Bond market: Trading activity down by 64.8%

May 3, 2023 Trading activity on the local secondary bond market was down by 64.83% from the prior week. According to the trading results, the aggregate volume traded was estimated at ¢116.61 million....

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May 3, 2023 / Comments (0)

IMF Regional Economic Outlook Report — Ghana in perspective

May 2, 2023 Sub-Saharan African countries are facing a funding squeeze due to persistent global inflation and tighter monetary policies, resulting in higher borrowing costs and pressure on exchange...

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May 2, 2023 / Comments (0)

Kasapreko Awards Cape Coast Technical University’s top engineering student

May 2, 2023 Mr. Isaac Addo of Cape Coast Technical University has picked up Kasapreko’s Excellence Award for being the best engineering student. Mr. Addo, after being adjudged the best student...

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May 2, 2023 / Comments (0)

IVECO partners Silver Star to launch Daily Vans

May 2, 2023 Leading Automobile dealer, Silver Star Auto Limited in partnership with Italian Automobile, IVECO, a global leader in the manufacturing and distribution of commercial vehicles has unveiled...

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May 2, 2023 / Comments (0)

Cedi to depreciate 30% to dollar in 2023 – EIU

May 2, 2023 Economist Intelligence Unit (EIU) is predicting a 30% depreciation of the cedi to the dollar in 2023. This is however lower than the about 44% depreciation of the local currency in 2022....

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May 2, 2023 / Comments (0)

EIU forecasts 31.5% policy rate in 2023; Cost of loans to worsen

May 2, 2023 Cost of loans will worsen as the Economist Intelligence Unit is forecasting a 31.5% policy rate by the Bank by at the end of the year. This will subsequently increase the cost of living and...

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May 2, 2023 / Comments (0)