Producer Price Inflation shoots up to 16.8% in April 2024

May 15, 2024 The Year-on-year inflation rate at ex-factory prices for all goods and services was 16.8% in April 2024, the Ghana Statistical Service has reported. This is higher than the 15.3% recorded...

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May 15, 2024 / Comments (0)

Investors make gains on local bourse

May 15, 2024 Investors on the equities market have made some gains, with total market capitalization on the local bourse reaching an all-time high of GH¢80.32 billion by the end of April 2024. Data...

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May 15, 2024 / Comments (0)

Bond market: Market turnover tumbled by 60.22% week-on-week to GH¢307.23m

May 15, 2024 The Secondary bond market activity tumbled in last week’s trading sessions. Total volume traded contracted by 60.22% week-on-week to GH¢307.23 million. Trading activity decreased largely...

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May 15, 2024 / Comments (0)

T-bills: Interest rates tumbled again; government records 17% oversubscription

May 8, 2024 Interest rates tumbled again as the government returned to oversubscription of treasury bills sale. According to the auction results by the Bank of Ghana, the yield on the 91-day bill eased...

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May 8, 2024 / Comments (0)

April 2024 inflation declines marginally to 25.0%

May 8, 2024 Inflation for the month of April 2024 declined marginally to 25.0% from the 25.8% percent recorded in March 2024. By this, the rate of inflation for the month of April 2024 slowed by 0.8%....

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May 8, 2024 / Comments (0)

Bank of Ghana dismisses reports that it is introducing 1% cybersecurity levy

May 8, 2024 The Bank of Ghana (BoG) has described social media reports that say it is introducing a one percent cybersecurity levy in response to heightened cybersecurity threats as fake. The central...

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May 8, 2024 / Comments (0)

Kasapreko records over 300% jump in profit

May 7, 2024 Kasapreko PLC has increased its profit for the first quarter of 2023 by over 300 per cent, with profit increasing from GH¢4.62 million to GH¢16.62 million in the first quarter of 2024....

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May 7, 2024 / Comments (0)

All six local assembling companies can supply over 120K vehicles annually – VW Ghana CEO

May 7, 2024 Jeffery Peprah, the Chief Executive Officer of Volkswagen Ghana, has stated that the six local vehicle assembling companies have the production capacity to supply the country’s vehicle...

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May 7, 2024 / Comments (0)

Riepco Ltd, Gives Free Skills and Technical Development Training to Youth in Ghana

April 24, 2024 As part of efforts to contribute to youth development, Reipco Ltd is undertaking skills development training for the youth from various technical institutions for free. The initiative which...

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April 24, 2024 / Comments (0)

Cedi hits GH¢14.00 to a dollar; depreciates 12.08%

April 24, 2024 The Ghana cedi has hit GH¢14 to a dollar as the depreciation pressures continue unabated. This has culminated in its year-to-date loss of about 12.08% to the American greenback. Checks by...

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April 24, 2024 / Comments (0)