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Banking, Finance and Investment
Akufo-Addo commissions Chinese-owned Sentuo Oil Refinery
January 27, 2024
Akufo-Addo commissions Chinese-owned Sentuo Oil Refinery
President Akufo-Addo on Friday, January 26, commissioned the Sentuo Oil Refinery in an initiative to reduce Ghana’s reliance on oil…
Akufo-Addo announces plans to revive TOR at inauguration of Chinese-owned refinery
January 26, 2024
Akufo-Addo announces plans to revive TOR at inauguration of Chinese-owned refinery
President Akufo-Addo has highlighted ongoing efforts toward the complete revitalisation of the Tema Oil Refinery. This declaration came during the…
IMF deal: Second tranche of US$600m officially hits BOG account
January 24, 2024
IMF deal: Second tranche of US$600m officially hits BOG account
The Bank of Ghana (BOG) has acknowledged receipt of US$600 million as the second tranche of Ghana’s bailout package with…
Ghana has turned the corner, now working towards a more resilient, transformed economy, says Akufo-Addo
January 18, 2024
Ghana has turned the corner, now working towards a more resilient, transformed economy, says Akufo-Addo
President Nana Addo Dankwa Akufo-Addo says after a turbulent start to the 2020s, African economies have since 2023, consolidated their recovery…
Ghana’s economic programme is beginning to bear fruit – IMF boss
January 17, 2024
Ghana’s economic programme is beginning to bear fruit – IMF boss
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has stated that Ghana’s economic policies under its programme…
IMF board to approve US$600 million for Ghana on 19 January
January 15, 2024
IMF board to approve US$600 million for Ghana on 19 January
The executive board of the International Monetary Fund (IMF) is expected to approve the second tranche of its US$3 billion credit facility…
Inflation drops to 23.2% from 26.4% at end of 2023
January 10, 2024
Inflation drops to 23.2% from 26.4% at end of 2023
The Ghana Statistical Service has revealed the country ended the year 2023 with an inflation of 23.2%. This represents a…
MoMo agents suspend GH¢1000 cap on withdrawals
December 22, 2023
MoMo agents suspend GH¢1000 cap on withdrawals
The Mobile Money Advocacy Group (MoMAG) has announced the immediate suspension of the GHȻ1000 cap on withdrawals. According to MoMAG,…
Uber, Bolt, other ride-hailing vehicle owners to pay Value Income Tax from January 1
December 21, 2023
Uber, Bolt, other ride-hailing vehicle owners to pay Value Income Tax from January 1
The Ghana Revenue Authority (GRA), has notified ride-hailing vehicle owners of a new tax policy, known as the Value Income…