Bond Market: Total Market Turnover Rebounds To GH¢762.41M
Trading activity on the secondary bond market activity more than doubled in last week’s sessions. The total volume of transactions increased by 2.48 week-on-week to […]
Business
Ghana Nears IMF Approval For $360 Million Tranche In Economic Support
Ghana is on the verge of securing board approval from the International Monetary Fund (IMF) for the third tranche of $360 million from its $3 billion extended […]
IEA Recommends Currency Board To BoG To Stabilize The Cedi
The Institute of Economic Affairs (IEA) has advised the Bank of Ghana (BoG) to consider adopting a currency board system to replace the existing central […]
NPA To Seek Tax Cuts On LPG For Increased Affordability And Usage
The National Petroleum Authority (NPA) is set to collaborate with the Ministry of Finance to remove certain taxes on liquefied petroleum gas (LPG) to make […]
Momo Agents Call On Govt To Review E-Levy
The Mobile Money Agents Association of Ghana has renewed calls for the government to review the rates of the Electronic Transfer Levy popularly known as […]
Producer Price Inflation Climbs To 16.8% In April
Producer price inflation rate accelerated to 16.8 percent year-over-year in April 2024, according to the latest data from the Ghana Statistical Service. This marked a […]
Rising Costs Of Ingredients Hit Local Bakeries And Doughnut Sellers Hard
Local bakeries and individuals involved in the doughnut business, known as ‘boflot,’ are struggling with the rising cost of ingredients. This has significantly affected the […]
GRA Refutes Claims Of Import Duties Being Calculated In Dollars
The Ghana Revenue Authority (GRA) has denied allegations that import duties are calculated in dollars, calling such claims “misleading.” Eric Boateng, President of the Automobile […]
Depreciating Cedi To Erode Projected Fuel Price Reduction
Despite a decline in global petroleum prices, fuel consumers in Ghana are unlikely to benefit from the expected decrease in pump prices due to the […]
Unilever Ghana MD Clarifies Relocation Of Lipton Tea Production To Nigeria
Chris Wulff-Caesar, the Managing Director of Unilever Ghana, has clarified reports suggesting the relocation of its Lipton tea production line to its Nigerian subsidiary, Ekaterra, […]