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Banking, Finance and Investment

IMF justifies BoG’s GH¢60bn DDEP-induced loss

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

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

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

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…
Concerned bettors reject 10% tax on wins

Concerned bettors reject 10% tax on wins

Concerned Betters of Ghana (CBOG) has rejected the implementation of 10% tax on all betting, games and lottery wins announced…
MTN Ghana invests over ghs2 billion in first half of 2023 to improve network quality

MTN Ghana invests over ghs2 billion in first half of 2023 to improve network quality

Ghana’s leading telecommunications company, MTN Ghana, has announced in its half year 2023 earnings releasethat it invested over GHS2 billion…
Mid- year budget review: Government haven’t turned the economy around yet – Dr Patrick Assuming

Mid- year budget review: Government haven’t turned the economy around yet – Dr Patrick Assuming

Economist and Financial Expert at the University of Ghana, Dr Patrick Assuming says he disagrees with the Finance Minister Ken…
I shall continue to work to make gains in economy reflect in your pockets – Ofori-Atta

I shall continue to work to make gains in economy reflect in your pockets – Ofori-Atta

The Minister of Finance, Ken Ofori-Atta has admitted that even though the Government has implemented fiscal adjustment policies that have…
E-LEVY: Gov’t misses 2023 1st half target; rakes only 46% of projected GHC 982m

E-LEVY: Gov’t misses 2023 1st half target; rakes only 46% of projected GHC 982m

Government has missed its 1st half target for the infamous electronic transaction levy (e-levy) by some 54% according to data…
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