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Cedi lost 1.94% value to dollar last week; $1 equals ¢13.05

February 28, 2023 The Ghana cedi lost about 1.94% value to the US dollar last week to trade at an average of ¢13.0. The local currency closed the week at an indicative rate of ¢11.01/$1 on the interbank...

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February 28, 2023 / Comments (0)

Bond market activity rebounds; turnover increases by 453%

February 28, 2023 Trading activity on the bond market rebounded sharply as total turnover jumped by 453.25% to ¢750.36 million. This is coming following the beginning of trading of new bonds. The new...

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February 28, 2023 / Comments (0)

Ecobank, Bolt sign partnership agreement

February 28, 2023 Ecobank Ghana and Bolt have signed a partnership agreement that offers discounts to Ecobank customers who patronise Bolt services and pay with Ecobank cards. Under this partnership, Bolt...

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February 28, 2023 / Comments (0)

GGEA to engage GRA on new tax regime 

February 28, 2023 The Ghanaian-German Economic Association (GGEA) seeks to engage with the Ghana Revenue Authority (GRA) on the New VAT Amendment Act and Tax Regime. The Association at its business Forum on...

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February 28, 2023 / Comments (0)

The GRA back tax conundrum and its impact on foreign direct investments

February 28, 2023 Ghana is in dire need of unconditioned revenue to keep its economy afloat and tax income is its surest bet. As talks with the International Monetary Fund drags, the state tax collector...

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February 28, 2023 / Comments (0)

Cost optimisation and improving liquidity should be a priority – KPMG to businesses

February 28, 2023 Accounting and auditing firm, KPMG, is advising businesses to prioritise cost optimisation and improving liquidity in this era of changing world. In a paper titled: “Staying Resilient”...

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February 28, 2023 / Comments (0)

Government postpones meeting with China on debt cancellation to March 2023

February 23, 2023 Finance Minister, Ken Ofori-Atta, has hinted that a planned high-level government delegation to China has been postponed to late March 2023. This is owing to the upcoming National...

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February 23, 2023 / Comments (0)

Bond market: Turnover declines 80.3% to ¢135.63m

February 23, 2023 Market activity on the bond market declined sharply as total turnover plummeted 80.3% to ¢135.63 million. This is coming after the government concluded the Domestic Debt Exchange Programme...

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February 23, 2023 / Comments (0)

Development partners key contributors to Ghana’s growth agenda – Ofori-Atta to German delegation

February 23, 2023 The Minister of Finance, Ken Ofori-Atta, has held bilateral talks with the German Federal Minister for Economic Cooperation and Development (BMZ), Svenja Schulze, focusing on economic...

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February 23, 2023 / Comments (0)

Producer inflation falls marginally to 52.1% in January 2023

February 22, 2023 The Producer Price Inflation (PPI) for January 2023 fell marginally to 52.1%, from 52.2% recorded in December 2022. According to data from the Ghana Statistical Service, the Mining and...

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February 22, 2023 / Comments (0)