Kasapreko to list 1st tranche of bond on Ghana Fixed Income Market

February 14, 2024 KASAPREKO announces the listing of Tranche 01 of its GH¢600 million Bond Programme on the Ghana Fixed Income Market of the Ghana Stock Exchange. According to a notice by the Ghana Stock...

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February 14, 2024 / Comments (0)

Dr. Amin Adam takes over from Ofori-Atta as new Finance Minister

February 14, 2024 The Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam has been nominated by President Akufo-Addo as the new Finance Minister. He takes over from Ken Ofori-Atta who served in...

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February 14, 2024 / Comments (0)

Demand pressures for dollar to weigh on cedi this week; one dollar equals GH¢12.80

February 14, 2024 The persistent demand pressures for the dollar would continue to weigh negatively on the cedi’s performance this week. This follows a marginal depreciation of the local currency last...

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February 14, 2024 / Comments (0)

Bond market: Total turnover decreased by 16.25% week-on-week to GH¢1.33bn

February 14, 2024 The secondary bond market for Government of Ghana papers slowed in activity as the total volume traded declined by 16.25% week-on-week to GH¢1.33 billion. Notably, exchanges from the...

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February 14, 2024 / Comments (0)

Failure to disclose taxable income abroad to attract sanction – GRA

February 14, 2024 Ghanaians who fail to disclose their sources of taxable income overseas risk being penalized by the Ghana Revenue Authority. This was disclosed by the Commissioner of Domestic Tax Revenue...

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February 14, 2024 / Comments (0)

Inflation jumps to 23.5% in January 2024

February 14, 2024 Ghana’s inflation witnessed a marginal uptick from 23.2 to 23.5 percent for January 2024. This marks a reversal of the consecutive declines recorded between July and December 2023. This...

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February 14, 2024 / Comments (0)

Ghana’s fiscal deficit to narrow to 4.5% of GDP in 2024; GH¢55.93bn to be spent on interest  payments

February 5, 2024 Ghana’s fiscal deficit to Gross Domestic Product (GDP) ratio is expected to narrow to 4.5% ± 50 basis points in 2024, Databank Research has disclosed. This is due to interest savings...

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February 5, 2024 / Comments (0)

Independent Tax Appeals Board to begin work by quarter one, 2024 – GRA Boss

February 5, 2024 The Independent Tax Appeals Board is set to commence work by the first quarter of 2024 as all documentation and recommendations from the Attorney General have been received. This is an...

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February 5, 2024 / Comments (0)

Commodity prices to broadly stabilise in 2024, but cocoa, coffee prices to increase – EIU

January 31, 2024 After three years of extreme volatility, commodities prices are set to broadly stabilise in 2024. According to the Economist Intelligence Unit Commodities Outlook 2024, this apparent stasis...

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January 31, 2024 / Comments (0)

Petrol, Diesel and LPG prices to go up marginally from February 1, 2024

January 31, 2024 Fuel prices are expected to go up marginally, beginning tomorrow February 1, 2024, the Institute for Energy Securities has stated. This is due to a marginal increase in the price of...

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January 31, 2024 / Comments (0)