Ghana’s economy is improving – BoG Governor

April 10, 2024 The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has declared that Ghana’s economy is on an upward trajectory compared to previous years. Previously, the economy had...

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April 10, 2024 / Comments (0)

Bond market: Total market turnover rebounds to GH¢715.85m

April 10, 2024 Total market turnover on the secondary bond market rebounded by 101.72% week-on-week to GH¢715.85 million last week. The increase in activity partly came from clips of minor trades across...

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April 10, 2024 / Comments (0)

Ghana to return to 5.0% GDP growth from 2026 –World Bank

April 10, 2024 The World Bank is expecting Ghana’s growth rate to reach 5.0% by 2026. This is coming after it projected a marginal 2.9% Gross Domestic Product (GDP) growth for 2024, higher than the...

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April 10, 2024 / Comments (0)

IMF staff in Ghana for second review and third tranche deliberations

April 8, 2024 Staff of the International Monetary Fund (IMF), have landed in Ghana to conduct the second review of the three-year $3 billion IMF-backed Programme for Economic Growth (PC-PEG)...

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April 8, 2024 / Comments (0)

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)