Business
Banking, Finance and Investment
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…
Concerned bettors reject 10% tax on wins
August 9, 2023
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
August 7, 2023
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
August 1, 2023
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…