Business
Banking, Finance and Investment
Ashanti Region GUTA members threaten demo over ‘exorbitant charges’ by customs
August 26, 2023
Ashanti Region GUTA members threaten demo over ‘exorbitant charges’ by customs
Members of the Ghana Union of Traders Association (GUTA) in the Ashanti region are warning of an imminent massive demonstration…
Water, electricity tariffs to go up again on September 1, 2023 – PURC
August 22, 2023
Water, electricity tariffs to go up again on September 1, 2023 – PURC
The Public Utilities Regulatory Commission (PURC) has announced an increase in electricity and water tariffs by 4.22 % and 1.18%…
BoG didn’t breach procurement laws in $250m HQ project – Addison
August 21, 2023
BoG didn’t breach procurement laws in $250m HQ project – Addison
The Governor of the Bank of Ghana, Dr. Ernest Addison, has emphatically stated that the institution did not breach any…
BOST net profit increases by 112% in 2022, currently at GH₵342m
August 18, 2023
BOST net profit increases by 112% in 2022, currently at GH₵342m
The net profit margin of the Bulk Oil Storage and Transportation Limited Company (BOST) has increased from GH₵161 million in…
Petrol to sell at GHS12.97, diesel GHS13.43 per litre within 48hrs – COPEC
August 14, 2023
Petrol to sell at GHS12.97, diesel GHS13.43 per litre within 48hrs – COPEC
The Chamber of Petroleum Consumers (COPEC) is predicting that fuel prices may go up by 5.7% within the second pricing…
IMF justifies BoG’s GH¢60bn DDEP-induced loss
August 10, 2023
IMF justifies BoG’s GH¢60bn DDEP-induced loss
The International Monetary Fund (IMF) has justified the Bank of Ghana’s (BoG) GH¢60 billion loss during the 2022 fiscal year,…
We acted as loss absorber; we cannot be insolvent or bankrupt – BoG
August 10, 2023
We acted as loss absorber; we cannot be insolvent or bankrupt – BoG
The Bank of Ghana has assured that it is committed to the highest standards of prudent management, governance, and transparent…
Inflation rises for the third consecutive month; hits 43.1% for July
August 9, 2023
Inflation rises for the third consecutive month; hits 43.1% for July
Ghana’s inflation continues to surge as it rises for the third consecutive month, reaching a new high of 43.1% for…
Onion scarcity looms as importers remain stranded in Benin
August 9, 2023
Onion scarcity looms as importers remain stranded in Benin
The closure of the Benin border in the wake of the coup in Niger is anticipated to lead to an…