Business

Banking, Finance and Investment

Fitch downgrades Ghana’s long-term local currency to RD

Fitch downgrades Ghana’s long-term local currency to RD

Fitch Ratings has lowered the Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) of the nation to restricted default (RD) from…
World Bank provides $372m guarantee payment for Ghana’s 2030 Eurobond after default

World Bank provides $372m guarantee payment for Ghana’s 2030 Eurobond after default

The Government of Ghana defaulted on its coupon payment for the 2030 Eurobond on April 14, 2023, due to the…
MTN Ghana Foundation Launches Enterpise Support program to invest in youth entrepreneurship

MTN Ghana Foundation Launches Enterpise Support program to invest in youth entrepreneurship

MTN Ghana Foundation has launched the Enterprise Support Program which is geared towards boosting youth entrepreneurship and driving innovation across…
Ghana’s bailout approval pending external financing assurance – IMF Africa boss

Ghana’s bailout approval pending external financing assurance – IMF Africa boss

Abebe Aemro Selassie, the IMF Director of the Africa Department, has stated that Ghana has fulfilled all the prerequisites for…
SIM re-registration: We’ll comply with NCA’s latest directive – Telcos Chamber

SIM re-registration: We’ll comply with NCA’s latest directive – Telcos Chamber

The Ghana Chamber of Telecommunications has announced that it will comply with the recent directive from the National Communications Authority…
Electricity tariff, VAT, e-levy rates expected to go up for $3bn IMF deal

Electricity tariff, VAT, e-levy rates expected to go up for $3bn IMF deal

As part of the conditions to secure a US$3 billion extended credit facility from the International Monetary Fund, some taxes…
Government desperately imposing tax on bet winnings out of frustration- Bettors

Government desperately imposing tax on bet winnings out of frustration- Bettors

The Conveyner for a group calling itself Concerned Betters of Ghana CBOG, Mr Richard Aguda says government is desperately imposing…
MTN Suspends Data Zone Bundle

MTN Suspends Data Zone Bundle

MTN Ghana has announced a suspension of its Data Zone bundle. The suspension started on Wednesday, April 05, 2023. The…
March 2023 inflation falls sharply to 45%

March 2023 inflation falls sharply to 45%

Inflation for March 2023 fall sharply to 45%, influenced by some deflation of items in both the Food and Non-Alcoholic…
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