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Government revises some key macro targets in Mid-Year Budget; maintains end of year inflation at 15 percent

July 24, 2024 Government has announced some key revisions to the country’s macroeconomic fiscal targets for 2024. Presenting the Mid-year Budget in parliament on July 23, 2024, Finance Minister,...

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July 24, 2024 / Comments (0)

Ghana’s oil revenue increases to US$840m in first half of 2024

July 24, 2024 Ghana’s oil revenue has increased to US$840m in the first half of 2024. This amount represents a 36% increase compared to the US$540 million recorded during the same period in 2023. The...

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July 24, 2024 / Comments (0)

Parliament passes Ghana Civil Aviation Bill

July 24, 2024 Parliament has passed new legislation to help establish the Ghana Civil Aviation Authority (GCAA) as an autonomous entity responsible for ensuring aviation safety and security. The new...

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July 24, 2024 / Comments (0)

Bond market: Total turnover nosedived by 46.93% to GH¢816m

July 24, 2024 Total trade volumes in the Ghanaian secondary bond market declined to GH¢816 million from GH¢1.5 billion in the previous week. This was primarily driven by repo exchanges in the short and...

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July 24, 2024 / Comments (0)

Ghana’s economic prospects on track amid reforms – World Bank

July 24, 2024 The World Bank’s 8th Economic Update for Ghana titled Strengthening Domestic Revenue Systems for Fiscal Sustainability notes that despite recent increases in the pace of exchange rate...

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July 24, 2024 / Comments (0)

Financial industry, GIZ launch financial literacy campaign

July 23, 2024 Financial services players have launched an initiative to educate and empower Ghanaians with financial knowledge and information. Known as Financial Literacy and Education Campaign (FLEC),...

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July 23, 2024 / Comments (0)

Macroeconomic outlook remains positive but downside risks persist – IMF

July 22, 2024 Ghana’s macroeconomic outlook remains positive but subject to significant downside risks, the International Monetary Fund has revealed in its Second Review of Ghana’s Extended Credit...

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July 22, 2024 / Comments (0)

ORC extends deadline for filing of Annual Returns and Renewals to September 30

July 22, 2024 The Office of the Registrar of Companies (ORC) has extended the deadline for the filing of Annual Returns and Renewals to 30th September, 2024. A statement from the Office said validation...

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July 22, 2024 / Comments (0)

GSE market value hits GH¢90bn

July 22, 2024 The Market Capitalisation on the Ghana Stock Exchange (GSE) has reached GH¢90 billion for the first time since its establishment. The GSE market capitalization measures the value of all...

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July 22, 2024 / Comments (0)

Emerging-market sovereigns including Ghana’s mid-year outlook neutral – Fitch

July 22, 2024 Fitch Ratings has maintained its 2024 sector outlook at ‘neutral’ for all the main emerging-market regions, except for the Middle East and North Africa, which remained at...

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July 22, 2024 / Comments (0)