Business
Latest Business News
Ghana records a 15 to 17 percent drop in cargo volumes in first nine months of 2022
Ghana’s ports recorded between 15 and 17 percent drop in cargo between January and September 2022, Mr. Michael Luguje, the...
Cedi to depreciate by about 22% in 2023 – EIU
UK based Economist Intelligence Unit (EIU)is predicting about 22% depreciation of the cedi to the dollar in 2023. This will...
GRA condemns customs officers for assaulting man
The Ghana Revenue Authority (GRA) has condemned some officers of its Customs Division for manhandling a man. The men in...
Government further extends its Domestic Debt Exchange expiration date to Jan. 16, and amends terms
Government has announced a further extension of its Domestic Debt Exchange expiration date to January 16, 2023. According to a...
BoG increases mobile money transaction limit
The Bank of Ghana (BoG) has increased mobile money transaction and wallet limits. The Bank in a statement issued on...
Banks’ capital to weaken on sovereign debt restructuring – Fitch
Ratings agency, Fitch, has warned that Ghanaian banks could face significant pressure on their capitalisation due to the restructuring of...
We are confident to achieve 55% debt-to-GDP ratio in 2028 – Ofori-Atta
Finance Minister, Ken Ofori-Atta, has expressed optimism that government will achieve a debt-to-Gross Domestic Product ratio of 55% by 2028...
E-levy review good but further reduction better – MoMo agents
The Mobile Money Agents Association of Ghana has welcomed the approval of the reduction in the Electronic Transfer Levy rate...
Disgruntled clients of Databank threaten to burn down company
Some disgruntled clients of Databank have threatened to attack the company for failing to honour withdrawal requests. Chief Executive Officer...
Parliament approves reduction of E-levy rate to 1%, rejects removal of GH₵100 threshold
Parliament has approved an amendment to the Electronic Transaction Levy (E-levy) Act on Wednesday, December 21, 2022. Government during the...
