Manufacturing sector NPL falls, but all other sectors up – BoG

October 24, 2023 Except for the manufacturing sector, all other sectors recorded higher Non-Performing Loan (NPL) ratios in August 2023 compared with the same period in 2022. According to the September 2023...

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October 24, 2023 / Comments (0)

Producer Price Inflation falls to 25.1% in September 2023

October 23, 2023 The Producer Price Inflation for the month of September 2023 fell by 3.1% to 25.1%. However, the month-on-month change in the PPI between August 2023 and September 2023 was 2.7%. According...

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October 23, 2023 / Comments (0)

Ecobank Ghana to refurbish computer lab of South Labone Girls Technical Institute

October 23, 2023 Ecobank Ghana as part of its 10 years anniversary has promised to refurbish the computer laboratory of the South Labone Girls Technical Institute. According to the Acting Managing Director...

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October 23, 2023 / Comments (0)

2024 Budget will address high taxes, rising cost of doing business – Ofori-Atta

October 23, 2023 The Finance Minister, Ken Ofori-Atta, has disclosed that the 2024 Budget will outdoor programmes and initiatives that will address the high cost of doing business in the country. ...

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October 23, 2023 / Comments (0)

Cedi to weaken for third weak running; going for ¢11.85 to one dollar

October 17, 2023 The Ghana cedi is expected to weaken for the third week running against the US dollar. This follows rising foreign exchange demand from local corporates and importers ahead of the Christmas...

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October 17, 2023 / Comments (0)

Bond market: Total market turnover increased by 45% to ¢582.64m

October 11, 2023 Trading on the secondary bond market was upbeat last week. This is partly on the back of positive remarks from the International Monetary Fund, following the first review of Ghana’s $3...

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October 11, 2023 / Comments (0)

IMF lowers Ghana’s growth rate further to 1.2%

October 11, 2023 The International Monetary Fund has further lowered Ghana’s growth rate to 1.2%, from the July 2023 forecast of 1.6%. This is the second time the Fund has revised Ghana’s Gross Domestic...

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October 11, 2023 / Comments (0)

Inflation falls to 38.1 % in September 2023

October 11, 2023 Inflation for the month of September 2023 fell to 38.1% from the 40.1% recorded in August 2023. According to figures from the Ghana Statistical Service, both food and non-food inflation...

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October 11, 2023 / Comments (0)

Apply human face to tax compliance enforcement – GGEA to GRA

October 11, 2023 The Ghanaian German Economic Association (GGEA) has called on the Ghana Revenue Authority to apply a human face to its tax enforcement actions being rolled out. According to its president,...

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October 11, 2023 / Comments (0)

Daniel Sackey retires as MD of Ecobank Ghana; Joana Mensah appointed Acting MD

October 11, 2023 Ecobank Ghana PLC has announced the retirement of Daniel Sackey as the Managing Director, effective August 14, 2023, upon attaining the mandatory age. He accordingly steps down as a member...

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October 11, 2023 / Comments (0)