Cedi to continue losing streak; depreciates by about 17% to dollar

May 15, 2024 The Ghana cedi will continue to lose ground to the major trading currencies this week on the back of persistent corporate demand. These are the views of some currency analysts and traders...

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May 15, 2024 / Comments (0)

Fuel prices to ease from May 16, 2024 – IES

May 15, 2024 Fuel prices are expected to fall marginally from May 16, 2024, the Institute for Energy Security has predicted. This is due to the reduction of prices of refined petroleum products on the...

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May 15, 2024 / Comments (0)

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)