Petrol, diesel now sell at ¢15.25, ¢15.90 per litre at pumps

February 1, 2023 Some Oil Marketing Companies(OMCs) have started increasing prices of petroleum products at the pumps from today, Wednesday, February 1, 2023 as anticipated. One of the market leaders, GOIL,...

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February 1, 2023 / Comments (0)

Payment of 30% ECG tariff hike takes effect today

February 1, 2023 Ghanaians will from today start paying for more electricity bills in accordance with the January 16 announcement by the Public Utilities Regulatory Authority (PURC). On January 16, the PURC...

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February 1, 2023 / Comments (0)

Domestic Debt Exchange Programme: Government exceeds 80% sign-on

February 1, 2023 The government has been able to achieve between 80 to 90 per cent sign-on to its Domestic Debt Exchange Programme (DDEP). A Deputy Minister of Finance, John Kumah announced this on an Accra...

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February 1, 2023 / Comments (0)

Deadline for Domestic Debt Exchange Programme extended to Feb 7

February 1, 2023 Government has extended the deadline for the Domestic Debt Exchange Programme (DDEP) to February 7, 2023. The Finance Ministry in a press release on Tuesday added that a new settlement date...

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February 1, 2023 / Comments (0)

Bond market turnover falls by 54% to ¢954.15m

January 31, 2023 The total turnover of the bond market declined by 54.8% to ¢954.15 million at the end of trading last week. According to market statistics, the slowdown in activity was primarily due to...

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January 31, 2023 / Comments (0)

Private sector credit contracts sharply by 14.5%

January 31, 2023 Private sector credit growth picked up in December 2022, partly reflecting continued portfolio rebalancing by banks and revaluation effects on foreign currency denominated credit, the Bank...

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January 31, 2023 / Comments (0)

Cedi depreciated by 19.1% to dollar in January 2023 – BoG

January 31, 2023 The Ghana cedi has depreciated by a substantial 19.1 per cent to the US dollar this January 2023. According to the Summary of Economic and Financial Data from the Bank of Ghana seen by...

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January 31, 2023 / Comments (0)

Ecobank wins best place to work in Africa 2022 award

January 30, 2023 Ecobank Group, the leading pan-African bank, has won the highly coveted Best Place to Work in Africa 2022 Award. The award honours organisations that exhibit the highest standards of...

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January 30, 2023 / Comments (0)

Tax payers can object to taxes imposed with right documents – Tax Expert

January 30, 2023 Tax Expert and Lead Partner at Deloitte Ghana, George Ankomah, has indicated that companies and tax payers have the right to object to taxes imposed by the Ghana Revenue Authority (GRA)...

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January 30, 2023 / Comments (0)

Policy rate increases to 28%; cost of loans to surge

January 30, 2023 The Monetary Policy Rate of the Bank of Ghana has increased its policy rate – the rate at which it lends to commercial banks – by 100 basis points to 28%. Within a year, the rate has...

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January 30, 2023 / Comments (0)