Petrol, diesel prices to stay same; LPG to go down 5% – IES

May 31, 2023 Prices of petrol and diesel are expected to stay the same in the first two weeks of June 2023. However, the price of Liquefied Petroleum Gas (LPG) is expected to decline by roughly 5%...

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May 31, 2023 / Comments (0)

Ecobank remains biggest bank in Ghana in 2022; FBN records highest CAR – Report

May 30, 2023 Ecobank Ghana emerged as the biggest bank by total assets worth ¢25.77 billion in 2022, a Ghana Banking Industry Report 2023 by LIMA Partners has revealed. It was followed by GCB Bank with...

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May 30, 2023 / Comments (0)

BoG to commence monetary policy easing in quarter 4; inflation to fall further – Fitch Solutions

May 26, 2023 The Bank of Ghana will commence a monetary easing cycle in the 4th quarter of 2023, cutting the policy rate by 200 basis points (bps) to 27.50% by end-2023. According to Fitch...

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May 26, 2023 / Comments (0)

Ghana’s new bonds trade at yields between 9.27% and 10.02% – BoG

May 25, 2023 Ghana’s new bonds (domestic bonds) traded at yields between 9.27% and 10.02% in April 2023, data from the Bank of Ghana has revealed. This follows the successful restructuring of the...

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May 25, 2023 / Comments (0)

Silver Star Auto Ltd CEO, Asad Nazir Wins Leadership Excellence Award

May 24, 2023 The automotive giant Silver Star Auto Ltd took its social media page to congratulate its Chief Executive Officer Mr. Asad Nazir who received a “Leadership Excellence Award for the...

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May 24, 2023 / Comments (0)

Ghanaian-German Economic Association inaugurates 5-member board

May 24, 2023 The Ghanaian-German Economic Association (GGEA) has inaugurated a new board of directors. The elected five-member board who were inaugurated by the German Ambassador, Daniel Krull, would...

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May 24, 2023 / Comments (0)

New taxes, tariff hikes crucial for Ghana’s bailout – IMF

May 23, 2023 The International Monetary Fund (IMF) has justified the adoption of three mobilization measures as well as the increase in utility costs as Ghana attempts to fix its balance of payment...

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May 23, 2023 / Comments (0)

GSE equity market: Activity positive; ¢25.2m shares change hands

May 23, 2023 Market activity on the Ghana Stock Exchange (GSE) equity market was upbeat last week, with 14.5 million shares worth ¢25.2 million changing hands across 25 counters. MTN Ghana and GCB Bank...

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May 23, 2023 / Comments (0)

Ghana raises electricity tariffs by more than 18%

May 23, 2023 Ghana has raised the average end-user tariff for electricity by 18.36% for the second quarter of 2023, adding on to an almost 30% increase in the first quarter, its utilities regulator said...

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May 23, 2023 / Comments (0)

Bond market: Trading activity bounces back; ¢388.91m value traded

May 23, 2023 Trading activity on the bond market bounced back last week, as total value traded shot up by 34% to ¢388.91 million. According to the market data, activity in the new bonds also regained...

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May 23, 2023 / Comments (0)