Bank Of Ghana Not Bankrupt – Otabil
The Director of Communications of the Bank of Ghana, Mr. Bernard Otabil, said that as a matter of public interest, central banks all over the […]
Business
Inflation For June 2024 Drops To 22.8% From 23.1%
The latest data from the Ghana Statistical Service indicates that inflation for June has dropped to 22.8%. The figure represents a 0.3 percentage decrease from […]
Biden Opens NATO Summit By Announcing New Air Defenses For Ukraine
President Joe Biden on Tuesday announced plans to supply new air defenses to Ukraine in a speech opening the NATO summit – providing much-needed support for […]
Forward Sales Strategy Of Cocoa Beans Aimed At Reducing Price Risks – COCOBOD
The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD) Joseph Boahen Aidoo has explained that, the forward sales strategy of cocoa beans is critical […]
Cedi Continues Stability Against Dollar; One Dollar Goes For GH¢15.95
The Ghana cedi is expected to remain stable against the US dollar this week as foreign exchange (FX) liquidity improves and demand slows. This follows […]
Sale of 60% Shares Only Viable Option To Revive Hotels – SSNIT
The Social Security and National Investment Trust (SSNIT) has announced that selling 60% of its shares in four hotels to a private investor was the […]
Pension Contributions Hit ₵6.8Bn In 2023
Total contributions to the Social Security and National Insurance Trust (SSNIT) Pension Scheme has reached ₵6.8 billion.j This was captured in SSNIT‘s operations report for […]
Ghana’s Deal With Eurobond Holders Gets Official Creditor Committee’s Approval
Ghana’s bilateral lenders through the Official Creditor Committee (OCC) have approved government’s deal with Eurobond holders on proposed terms to restructure about $13.1 billion debt. […]
T-bills: Government Secures GH¢3.34Bn As Interest Rates Tumble
Momentum in the treasury market persists, with investors showing mild interest in t-bills during the latest money market auction. Investors submitted bids totalling GH¢3.34 billion, […]
Packaged Water Producers Urge Govt To Suspend 5% Excise Tax
The National Association of Sachet and Packaged Water Producers (NASPAWAP) has joined forces with plastic manufacturers in urging the government to indefinitely suspend the newly […]