November inflation hits 23%, driven by soaring food prices

December 16, 2024 Ghana’s inflation rate for November 2024 has climbed to 23.%, marking the third consecutive monthly rise after a five-month decline. This increase is primarily driven by a significant...

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December 16, 2024 / Comments (0)

Fiscal consolidation in Ghana, others to gain renewed focus in 2025 – Fitch Solutions

December 10, 2024 Fiscal consolidation efforts in Sub-Saharan Africa including Ghana will gain renewed focus in 2025, Fitch Solutions has revealed in its latest report dubbed “Sub-Saharan Africa Macro Key...

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December 10, 2024 / Comments (0)

Ghana Gold Coin goes on sale: A quarter ounce at GH₵11,188.12 on Nov. 26

November 27, 2024 The Bank of Ghana has released the pricing guidelines for Ghana Gold Coin (GGC) this week. The GGC is issued and guaranteed by the Bank of Ghana and is available in three different sizes...

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November 27, 2024 / Comments (0)

Equities market continues growth trajectory

November 27, 2024 The Equity Market continued its growth trajectory in October, with the Ghana Stock Exchange (GSE) Composite Index closing at 4,385.94 points. This brought the year-to-date (YTD) gain to...

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November 27, 2024 / Comments (0)

Bond market: Turnover soars 13.14 percentage points on offshore investor boost

November 27, 2024 Turnover in the secondary bond market rose last week to GH¢1.12 billion, up from GH¢991 million recorded in the previous week. The general category bonds made up 82% of the volume traded....

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November 27, 2024 / Comments (0)

PMMC puts Ghana’s gold on top of Africa and the world

November 27, 2024 Established in 1963, PMMC was mandated to purchase and market Ghana’s gold and diamond resources. In 1965, the Parliament of Ghana formally endorsed PMMC as a state-owned enterprise. The...

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November 27, 2024 / Comments (0)

Employees must file annual income tax returns – GRA

November 22, 2024 Eric Anthony, Supervisor, Chief Revenue Officer, for Upstream Petroleum Audit at the Large Taxpayers Office of the Ghana Revenue Authority’s (GRA) Domestic Tax Revenue Division, has...

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November 22, 2024 / Comments (0)

IMF board to disburse $360m to Ghana in December after third review

November 22, 2024 The International Monetary Fund (IMF) board is set to meet in early December and approve the disbursement of US$360 million to Ghana. This will be in line with Ghana passing the third...

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November 22, 2024 / Comments (0)

Producer Price Inflation rises to 33% in October 2024

November 21, 2024 The Producer Price Inflation (PPI) rate for October 2024 shot up by 2.5 percentage points to 33.0%. This was from 30.5% in September 2024. According to the Ghana Statistical Service, the...

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November 21, 2024 / Comments (0)

Ghana ranked 6th in Africa as most attractive investment destination in 2024

November 18, 2024 Ghana is ranked 6th in Africa as the most attractive investment country in Africa in 2024, Rand Merchant Bank (RMB) ‘Where to Invest in Africa 2024’ report has revealed. The nation...

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November 18, 2024 / Comments (0)